Embarq merger boosts CenturyTel in quarter
Economies of scale from the Embarq merger sparked CenturyTel's profit to more than triple in the third quarter, outpacing analysts' forecasts as revenue grew almost 200%, the rural telecom carrier reported. The telecom, which will soon change its name to CenturyLink, earned $280.8 million on revenue of $1.87 billion.
Wall Street Journal, The
| 11/5
This story published in USTelecom dailyLead® on 11/05/2009
Get stories like these delivered daily for FREE:
|
USTelecom dailyLead®
Designed specifically for telecommunications executives like you, USTelecom dailyLead® is a FREE daily e-mail newsletter. It provides the latest need-to-know news and industry information that maximizes your time, giving you an edge over your competition. Learn more |
|