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CenturyLink Transforms, Rebrands as Lumen®
8:05 AM ET, 09/14/2020 - PR Newswire
With a New Brand Name and Purpose, Lumen is Ready to Enable "Amazing Things" through its technology platform
DENVER, Sept. 14, 2020 /PRNewswire/ -- CenturyLink has a new brand name and bold new purpose. As Lumen Technologies, or simply Lumen, the company will help lead enterprises through the challenges and opportunities of the 4th Industrial Revolution – a time when smart, connective devices are everywhere. Lumen® brings a new focus to how it views the marketplace and the world with the purpose to further human progress through technology.
Experience the interactive Multichannel News Release here: https://www.multivu.com/players/English/8524356-centurylink-rebrands-as-lumen/
The 4th Industrial Revolution represents the latest technological shift to change how everyone lives, works and thrives. At its core, this new age requires companies to effectively acquire, analyze and act upon their data to stay ahead of the curve and to be competitive.
Lumen's combination of global technology infrastructure, powerful business solutions and industry-leading services creates the platform to help our customers excel in this new industrial age and produce amazing things.
Lumen president and CEO Jeff Storey comments on new brand name, new purpose:
"Our people are dedicated to furthering human progress through technology. Lumen is all about enabling the amazing potential of our customers, by utilizing our technology platform, our people, and our relationships with customers and partners."
Hear from Jeff Storey: https://news.lumen.com/jeff-storey-introduces-lumen
The Platform for Amazing ThingsThe Lumen Platform helps our customers capitalize on emerging technologies of the 4th Industrial Revolution to deliver amazing things such as smart cities, retail and industrial robotics, real-time virtual collaboration and automated factories, as well as power today's business applications that require high-performance networking and security. The platform brings together our highly interconnected global fiber network infrastructure, edge cloud capabilities, and security and communication and collaboration solutions to deliver a fast and secure foundation for the application and data services vital to our customers' success.
Lumen executive vice president and chief marketing officer Shaun Andrews comments on the platform:
"All of our futures will be driven by smart things, applications and digital services that use data for transformational purposes. To serve this colossal need and further human progress through technology, we have launched Lumen and are delivering our technology through the Lumen Platform, a platform for amazing things."
Hear from Shaun Andrews: https://news.lumen.com/shaun-andrews-platform-for-amazing-things
Lumen's worldwide fiber network infrastructure and complementary capabilities deliver unique competitive advantages to customers in four key areas:
Adaptive Networking: Lumen provides hybrid network solutions built to quickly respond to customers' ever-changing data and application needs. Edge Cloud & IT Agility: Lumen enhances application experiences by delivering low-latency, high performance data access and by moving data and workloads closer to where customers need them. Connected Security: Lumen offers global threat intelligence, network-based security controls and deep security expertise to help customers protect their data and applications against constantly evolving threats. Communications & Collaboration: Lumen's communication and collaboration solutions make it easy for people to stay connected, productive and engaged wherever they are located.
CenturyLink, with its strong heritage, will remain as a trusted brand for residential and small business customers over traditional networks in the United States.
Lumen Financial InformationThe company does not intend to change its financial strategy or financial reporting as a result of this announcement. Effective with the opening of the trading day on Sept. 18, 2020, the company stock ticker will change from CTL to LUMN.
Legal Name ChangeThe legal name of CenturyLink, Inc. is expected to be formally changed to Lumen Technologies, Inc. upon the satisfaction of all legal and regulatory requirements.
About LumenLumen is guided by our belief that humanity is at its best when technology advances the way we live and work. With 450,000 route fiber miles serving customers in more than 60 countries, we deliver the fastest, most secure global platform for applications and data to help businesses, government and communities deliver amazing experiences.
Learn more about Lumen's network, edge cloud, security and communication and collaboration solutions and our purpose to further human progress through technology at news.lumen.com, LinkedIn: /lumentechnologies, Twitter: @lumentechco, Facebook: /lumentechnologies, Instagram: @lumentechnologies and YouTube: /lumentechnologies.
Lumen and Lumen Technologies are registered trademarks of Lumen Technologies, LLC in the United States. Lumen Technologies, LLC is a wholly-owned affiliate of CenturyLink, Inc.
CenturyLink to Change Name to Lumen Technologies
11:56 AM ET, 09/14/2020 - MT Newswires
11:56 AM EDT, 09/14/2020 (MT Newswires) -- CenturyLink (CTL), is rebranding itself as the telecommunications company plans to change its name to Lumen Technologies.
The company said it does not intend to change its financial strategy or financial reporting as a result of this announcement, but its ticker symbol will change from "CTL" to "LUMN" effective with the opening of the trading on Sept. 18.
Price: 10.99, Change: +0.34, Percent Change: +3.19
News: $CTL 3 Dividend Stocks I'd Buy Right Now
Investors love their dividend stocks -- especially with the current low-interest-rate environment we're in now. However, investors looking for dividend stocks today also face a quandary; many "safer" dividend-paying stocks have been bid up to very high levels, lowering their yields. Meanwhile, a...
In case you are interested CTL - 3 Dividend Stocks I'd Buy Right Now
To me the important thing is that the cash flow appears to be solid enough to protect the dividend and at the same time be able to seriously continue to pay down debt. I do not expect them to raise the dividend any time in the near future. A dividend over 9% is nothing to laugh at.
I have assumed that the large short interest is because of the large debt and as that gets paid down the short interest should slowly come down.
Am always open to conflicting opinions on both of the above statements.
75% of shares owned by institutions. That should tell you something. 10% of stock is short. That should tell you even more.
News: $CTL 3 Dividend-Paying Tech Stocks to Buy Right Now
Though viewed broadly, the stock market is booming, there are really only a few types of stocks that are working right now. Among them are technology stocks, which are benefiting from long-term digital trends and the stay-at-home-economy. Another in-favor variety are dividend-payers -- or, at le...
Read the whole news CTL - 3 Dividend-Paying Tech Stocks to Buy Right Now
It's all in the SEC filings. Do your homework, as every professional investor must.
Could you clarify more about the November poison pill and your thoughts about that.
thanks
Yes, we are invested heavily in this company like Charles T. Munger teaches. We can't get enough of it at these SILLY PRICES. We believe in focused, CONCENTRATED INVESTING!
They remain THE FIBER BARONS to the world, just like their predecessor company, Level 3 Communications(LVLT), was built to be.
Wait for the poison pill to end in November. Then, all the shenanigans by these firms and analysts on THE SELL SIDE will end with it, and the stock will TRIPLE minimally.
In the meantime, the CEO STOREY is WEAK like his heart since he continues to enable a SELL SIDE NARRATIVE to weigh against internal prospects.
If we owned a control stake, we would fire him FORTHWITH! Good will hunting on this one, it will pay off big!
Still following this. Initiating some DD & wondering if anyone has any thoughts on it? Thanks in advance...
Stock has serious potential & moves nicely,... May be a bit range-bound & lovable for that reason ALONE. But, we'll have to see for sure in a bit won't we!
Are you still following this company & where do you see it going in the near to mid-term?
I'm NOT exactly sure how I feel about this sector. It SHOULD BE experiencing growth & strengthening with deeper roots, a broader reach & a bright future.
Only just started looking in however & I can't really figure out if the sector is so segmented, ultra competitive &/or saturated at this point & if so when it might consolidate a bit.
Seems like the value isn't being reflected in the stock but... I'm just starting my DD here...
Any advice or input is greatly appreciated... TIA
Have they given an update on the divi & can anyone tell me where it currently stands?
Thanking you all kindly in advance. Initiating my coverage here... TY
Chick Filet win very interesting since many if not most of their venues are "free standing" much like McDonald's......Notrom form the Investor Village board once mislead me that McDonald's would follow LVLT, now CTL's Starbucks/Google win earlier. Where is poor Notrom? He must really be dead.
It looks like CTL has very focused abilities to single standing venues with their fiber runs now, and this is a big change especially since they are not doing it without making high returns on their capital.
Jeff sounds tired. He's working hard, but he's a doing a damn good job. Keep it up, so you can finally cede T and VZ and not be treated like they have treated you and your shareholders for way too long now considering the SUPERIOR NETWORK you own and control. EOM
News: $CTL CenturyLink Sets Second Quarter 2019 Earnings Call Date
MONROE, La. , June 28, 2019 /PRNewswire/ -- CenturyLink, Inc. (NYSE: CTL) will release its second quarter 2019 results on Aug. 7, 2019 . The company will broadcast a live conference call on its Investor Relations website at http://ir.centurylink.com/ir-home at 5 p.m. ET . ...
In case you are interested https://marketwirenews.com/news-releases/centurylink-sets-second-quarter-2019-earnings-call-date-8429736.html
News: $CTL CenturyLink to present at the Cowen and Company 47th Annual Technology, Media & Telecom Conference
MONROE, La. , May 24, 2019 /PRNewswire/ -- Ed Morche, president enterprise and government markets, CenturyLink, Inc. (NYSE: CTL) will present at the Cowen and Company 47th Annual Technology, Media & Telecom Conference in New York, NY on May 29 . The presentation is scheduled...
Read the whole news https://marketwirenews.com/news-releases/centurylink-to-present-at-the-cowen-and-company-47th-annual-technology-media-telecom-conference-8241762.html
CTL if this was a horse it would be cut up and sold as dog meat
Bought some Oct 12 contracts. Hoping for a suprise earnings report which is due. The stock is under book value now and dividend was cut last conference. What bad news can come out now?
Im ready for a quick jump in price and triple my money.
News: $CTL KESSLER TOPAZ MELTZER & CHECK, LLP: Final Deadline Reminder for CENTURYLINK, INC. Investors - CTL
RADNOR, Pa., May 04, 2019 (GLOBE NEWSWIRE) -- Kessler Topaz Meltzer & Check, LLP reminds CenturyLink, Inc. (NYSE: CTL) (“CenturyLink”) investors that a securities fraud class action lawsuit has been filed in the United States District Court for the Central District o...
Read the whole news https://marketwirenews.com/news-releases/kessler-topaz-meltzer-check-llp-final-deadline-reminder-for-centurylink-inc-investors-ctl-8115564.html
Jumped in today. Looks to be good for at least 20% short term pps increase.
This is looking attractive again. Dividend 03/11
Down45%
Agreed. I hopped in with some nice options near today’s lows. GLTU
Sold! Perfect bounce
Couldn’t resist these prices!
Easy $
With news that CTL is competing against Google for Zayo Fiber, ist es jetz KLAR that that dubious CYST at GUGGENHEIM, Mike, The Mick, McCormick's downgrade yesterday to ELEVEN PPS was established for that purpose.
CTL should sue GUGGENHEIM!
News: $CTL CenturyLink Adds Singapore to Global Security Operations Center Footprint
SINGAPORE , Jan. 16, 2019 /PRNewswire/ -- As the global threat landscape continues to increase in size and complexity, so does the number of add-on security solutions designed to address these challenges. In response, enterprises around the world are turning to network solutions with...
Read the whole news https://marketwirenews.com/news-releases/centurylink-adds-singapore-to-global-security-operations-center-footprint-6960924.html
From my friend Anführer to YAHOOLIGAN on Yahoo Finance where speech censorship is alive and well:
Dummkopf! Heil Chinese Premier LI then! May the German Ethnic Leader Trump von Kallstadt, Deutschland in Duhmerika kick that short Asian man's butt in Buenos Aires this weekend!
It's about time somebody put the breaks on those short criminal Asian Task Masters stealing intellectual property rights while acting as patent terrorists around the globe!
And, we look forward to taking your money since we are superior to you and your ilk in every shape, manner and form.
Du bist ein Arschloch!
I personally don't feel the divy has much to do with it. Unless some feel it could be lowered.
Good articles recently on this company by an independent source. Company is in good shape, dividend remains.
sorry don't have the link handy.
Why is CTL stock price dropping after they just announced their normal dividend
Not with the CABAL at GSucks led by CRAMMER in ATTACK MODE will this be bottom. They have identified SIXTEEN price target on Yahoo Message Board already. We moved back to defensive mode with deep ITM covered calls on Wednesday understanding this.
When they are in ATTACK MODE it's all about PHANTOM ILLEGAL shares to have their way, and that's what continues to happen in order to create the back draft on the stock price.
"Yahooligan" appearing on the Yahoo Finance Message Board is part of that EVIL cabal who works their BOILER ROOM. We have encountered him locally, even in the FLESH with him seeking us out personally, and have positioned accordingly.
You don't fight the Wrong Street Cabal until block chain takes their criminal enterprise away.
Overstock.com is succeeding at that, and just needs a couple more years before GSUCKS sees the billions in their trade turn into the VAPORWARE that they have performed against companies they don't like with PHANTOM SHARES and ILLEGAL naked short selling. BTW, FU DAVE. IMO
This morning, the best performing index is the XLC where CTL had been placed into it with final touches in September. That's where all CRAMMER the CRIMINAL front runner for GoldMEN SUCK has been pushing the FAANG stocks that have been pummeled as part of his touting.
Even though CTL represents only 1 percent of the content of that index, it has been decimated percentage wise since FAANG began its Wall Street dump part, yet even today, CTL is down exponentially while XLC goes up.
The only solace for DuhMerikans will be when they finally INCARCERATE insider traders like Crammer and the Goldmen Criminals. IMO
I see a good uptick coming in this stock. Many good things happening and look forward to a mid twenty pps
2morrow is October 29th, and Stock Market Crash Day. It will begin in Asia where Asian Task Masters are going to take the dirty bath they deserve at their close b4 we open.
Let us be "KLAR." For no reasons at all, this garbage company with a CEO who has a BAD HEART has corrected more than 20 percent as in "BEAR MARKET" even while it represented an insignificant ONE PERCENT weighting in the NEW communications index it became part of in September.
You shouldn't be asking Y as part of this SIGNIFICANT selling compared to its PEERS, you should be SELLING at the OPEN really hard.
Now that I have rid this board of charlatans like Fran, deCEitful and Mdege from India whose wife supports his bad habits, I can protect the rest of you fools who latched onto this DEBT LADEN monster. A mammoth debt burden in concert with being a company who is "NOT A GROWTH COMPANY" and can't and won't grow their TOP LINE! IMO
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Hooligans are up to their dirty tricks of censoring free speech again.
Let me reiterate what my friend, Anführer, said earlier:
Duhmerika is really breaking apart at its seam(again). This attack on Meghan Kelly is factual proof of the ignorance which permeates their land. If I want to be black, white, asian, indian from america or india, wtf cares!
Maybe these SHEOPLE need a real crisis to test their faith in who they are and what they stand for.
Oh, that's right, the criminals running the stock market racket are doing that for them whilst designing a new Bear Market to confront them with.
Imagine how much better the world might be, had Deutschland and Japan won the war.
http://time.com/3684409/man-in-the-high-castle-amazon-pilot-nazis/
Or, maybe DuhMerikans are going to be overrun by The Chinese and Russians before their Empire unravels. IMO
Actually you are both wrong and jealous(Fran and CE Yahooligans), and can't shine my shoes in understanding options as a strategic investment. It's also a RIGGED GAME as you should know. Using them keeps earning more than ten percent "monthly" after tax in addition to dividend is working well for this under performing company with its misfit CEO.
I had the lucky #22....in size but much smaller than full position request because greedy Singaporeans hogged up the tranche b4 me. And, when they refused to fill the larger stake, I KNEW they/YOU CRIMINALS were stopping the full press xpiration RUN there!
I did sell some $20 traders at $22 yesterday 2 because I wanted to feed the criminals what wasn't going to hold by day's end, and of course, I was RIGHT! Booking more high percentage net of tax profits is good for me.
I wouldn't be so short sighted to write $20-$21.50 because those are my short term trading "buy entry" points before Storey screws up this coming "LOSS REPORT." $20-$22 is a nice ten percent trading area...and I dare you criminals to take it higher weil ich mehr Geld verdiene!
Notice how using a cash account for "covered calls" keeps those shares in my vault and not theirs/yours.
Refer to Munger's advice on envy and start making money versus hoping this STOREY pans out GELD for you, since history proves it only DESTROYS WEALTH.
Geld or Destroy Wealth, it's your choice, Dummkopfs! IMO
EXPIRED as of 10/19/2018 -CALL (CTL) CENTURYLINK INC OCT 19 18 $22 (100 SHS) (Cash)Close Popup
Symbol -CTL 181019 C 22
Description CALL (CTL) CENTURYLINK INC OCT 19 18 $22 (100 SHS)
Contracts + XXXX
Make that $1.60 projected forward annual earnings by yaHooligan who doesn't know algorithms....mmuoio...SIXTEEN PPS REMAINS. IMO
$1.60 forward projected pps by certain Hooligans makes high side Annual Earnings for their quarterly estimate(37-40 cents quarter).
Giving it a 10 Multiple for what is NOT a Growth company still 2 High--ten years first dollar payb back--but makes a $16.00 stock price for Asians from Singapore to bask in. Next question, please. The stock will go down more. Karl Crowe
AnführerMitWut in 8 seconds...WHY Do Yahooligans keep removing educational, and historical posts from mein guter Freund, AnführerMitWut? What are they trying to HIDE from investors and speculators alike?
FYI
How wrong Crowe Blow was about this. Nobody even talks about the advantages of "multi conduits" and the fact that the same fiber is being sliced up via DWDM so that no NEW FIBER has been needed to fill any additional DUCTS. Rather, they continue to use "newer" optical equipment by increasing spaces between regeneration huts that are further distances away from each other.
How wrong Crowe was, and by DEFAULT so are CTL shareholders who own and maintain all the empty pipes in the U.S. including Qwest's continue to be SOL. This is what Bill Gates, Warren Buffett and Walter Scott screwed up with Crowe leading their bandwagon back on April Fools Day, 1998! What a sad STOREY is being INHERITED 2day.
IMO
http://news.centurylink.com/news?item=124918
Today, we believe that there are only twelve empty nationwide conduits and Level 3 has eleven of them. Neither of the companies you cite as potential beneficiaries of the technology has continuous empty conduits along the length of their networks and thus would, at best, have a "patch quilt" implementation.
You state that "Level 3 understood that pricey optical fiber is cheaper than inexpensive copper. But so far, it has failed to grasp the new paradigm. That light is cheaper than fiber." This is incorrect. We have said over and over that optical technology, i.e. light, is key to our future success. However, we also believe that fiber is a key part of optical technology, not a separate technology, as you seem to imply. In fact, we believe that the best economics are achieved by the proper combination of wavelengths of light, bit rate and spacings between expensive equipment sites.
In order to achieve unit cost reductions for transmission capacity, we have designed our network with multiple conduits to deploy successive generations of fiber to exploit improvements in transmission electronics. Optimizing transmission electronics to exploit specific generations of fiber optic technology provides transmission capacity on the new fiber more cost effectively than deploying new electronics on previous generations of fiber.
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BROOMFIELD, Colo., November 16, 2000 – Level 3 Communications Inc. (Nasdaq:LVLT) today released the following letter from Chief Executive Officer James Q. Crowe to George Gilder, publisher of...
BROOMFIELD, Colo., November 16, 2000 – Level 3 Communications Inc. (Nasdaq:LVLT) today released the following letter from Chief Executive Officer James Q. Crowe to George Gilder, publisher of...
BROOMFIELD, Colo., November 16, 2000 – Level 3 Communications Inc. (Nasdaq:LVLT) today released the following letter from Chief Executive Officer James Q. Crowe to George Gilder, publisher of...
news.centurylink.com
TMUS' CFO is calling the removal of Sunit Patel from CTL a "COUP." It's interesting considering that Carter's boss, Legere, was the whooping boy at Global Crossing for CTL's largest shareholders today, "The Singaporeans."
Call it what he likes for the time being, but Legere himself is a bit of a charlatan so that his CFO is seemingly learning from his master.
One thing I do know is that Legere couldn't light a candle to CRoWe of LVLT before Storey, but he definitely "fiber light" years ahead of the boring Storey who can't "GRoW" according to Crowe's dreams.
As for Sunit, if they're going to talk "COUP" SMACK, I am going to wish that his new German/Japanese Task Masters work him to death in his new PINK MAGENTA shirt and finds himself as sunILL the same way the Watsa boys predicted he would be if he didn't follow their playbook to the exact NOTE making sure all payments were made when DUE! IMO
Fran the Tool on Yahoo: TMUS is at a TEN YEAR high readying to break above $70 and take out an even earlier 2008 HIGH closer to $80. Time to buy TMUS for the FOURTEEN PERCENT upside PATEL just brought to their company. He's full of the spicy, magical, Mumbai, Mongolian sauce, didn't you know that? Secret's in Sunit Sauce. Or was that VOIP years ago! LOL, IMO
Charles T. Munger said at Cal Tech circa 2008, "If Asians including the Chinese have more wealth than The Mungers in a century, then so be it!"
They may indeed have more wealth than The Mungers through CTL including its ongoing EVOLUTION assuming those two wise men from Omaha continue neglecting to pay their owners "after tax" dividends amounting to as much as fourteen percent on more timely purchased CTL shares! They're both too old and need to put Warren's Elmer Fudd elephant gun aside, by paying a handsome dividend to themselves and other less noteworthy Berkshire shareholders. IMO
What a crock of crap Storey still! Your LVLT/ CTL has continued along the same sorry path for more than 20 years now, that being their inability to grow top lines via silicon economics with the same old excuses about "legacy" businesses being weaned off. There lies the problem inside the fact that almost every new product that this company creates or follows into, becomes "legacy." Lather, rinse and repeat The Storey until Vegas becomes a desolate desert again as it should and will. IMO
From Yahoo Finance CTL message board:
<Hopefully, we Longs will all be able to visit Vegas soon, without a "buyout" but with continued "buy-in"! jmo>
When Storey can raise prices on those Apple fruit cakes and others, we will buy more stock. Until then, he is struggling to be an EBITDA growth company with a period certain where expenses can no longer be wrung out. IMO
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