Century Link
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Formerly called
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Central Telephone and Electronics, Inc. Century Telephone Enterprises, Inc. CenturyTel, Inc. |
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| Public | |
| Traded as | : CTL S&P 500 Component |
| Industry | Telecommunications |
| Founded | 1930 |
| Headquarters |
Monroe, Louisiana, United States |
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Area served
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Worldwide |
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Key people
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Glen F. Post, III (CEO) William Owens, Chairman |
| Services | Fixed-line telephony, Fiber-optic broadband and fixed-line internet services, digital television, network services, /Prism TV, and Internet hosting service |
| Revenue |  US$ 17.900 billion (2015) |
 US$ 2.605 billion (2015) |
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| US$ 878 million (2015) |
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| Total assets | US$ 47.604 billion (2015) |
| Total equity | US$ 14.060 billion (2015 |
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Number of employees
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43,000 (2015) |
| Subsidiaries |
CenturyTel companies Embarq Qwest Savvis |
| Website | centurylink.com |
CenturyLink, Inc. is an American telecommunications company, headquartered in Monroe, Louisiana, that provides communications and data services to residential, business, governmental, and wholesale customers in 37 states. A member of the S&P 500 index, the company operates as a local exchange carrier and Internet access provider in U.S. markets and is the third-largest telecommunications company in the United States in terms of lines served, behind AT&T and Verizon. It also provides long distance service.
The earliest predecessor of CenturyLink was the Oak Ridge Telephone Company in Oak Ridge, Louisiana, which was owned by F. E. Hogan, Sr. In 1930, Hogan sold the company, with 75 paid subscribers, to William Clarke and Marie Williams, for $500. They moved the switchboard to the Williams family front parlor. In 1946, the Williams' son, Clarke McRae Williams, received ownership of the family's telephone company as a wedding gift. In 1947, Clarke Williams learned the telephone company in Marion, Louisiana was for sale. With a loan from business associate Joe Sydney Carter, Clarke purchased the Marion Telephone Company and eventually made it his base of operation as he grew his company through more acquisitions. CenturyLink still maintains offices in the former headquarters building. The company remained as a family-operated business until it became incorporated in 1968.
By 1967, Oak Ridge Telephone Company served three states with 10,000 access lines. That year the company was incorporated as Central Telephone and Electronics. Clarke M. Williams served as president and chairman of the board. Between 1972 and 1975, Clarke gradually moved his headquarters from Marion to Monroe, Louisiana, to access the larger employee base and to be near the airport.
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