Centurylink, Inc. Overview
Company Headquarters: U.S
Founded: 1930
Workforce: ~ 136,000
Company Working: CenturyLink, Inc. is a provider of integrated communications to residential and business customers. It operates through the business and consumer segments. The business segment provides local and long-distance voice services, VPN data network, private line, ethernet services, managed services, network security, information technology, wavelength, broadband, colocation, and data center services, professional and other services provided as after-sales services, and various other ancillary services to small, medium and enterprise businesses, wholesale and government customers, and other communication providers. The consumer segment provides broadband, local and long-distance voice, video, and other ancillary services to residential customers. The company operates primarily in the U.S.
Strategy
CenturyLink follows a mix of organic and inorganic growth strategies. The company focuses on new product development to increase its market share. In March 2018, the company launched connectivity speeds of up to 1 gigabit per second to Chatham Park's residents. The company is also focused on strategic acquisitions to expand market reach. This is evident in the acquisition of Level 3 Communications in January 2017, which is estimated to increase its geographic presence in more than 60 countries and broadband infrastructure for small businesses and consumers.
