ALBUQUERQUE, N.M., July 18, 2011 /PRNewswire/ -- CenturyLink, Inc. (NYSE: CTL) plans to invest at least $20 million to improve and expand broadband communications services in New Mexico now that it has merged with Qwest Communications.
"This investment by CenturyLink to expand broadband services in New Mexico is an effective way for the company to introduce itself to the state," New Mexico Public Regulation Commission chairman Pat Lyons said. "CenturyLink is New Mexico's leading communications provider now that its merger with Qwest is complete. We look forward to the additional resources and opportunities that this increased Internet connectivity made possible by CenturyLink will provide the people of New Mexico."
With the Qwest merger completed, CenturyLink is focusing on improving and expanding broadband availability and increasing connectivity speeds to consumers.
"As a result of CenturyLink's merger with Qwest, the combined company now has the financial strength, national breadth, and local depth to provide a compelling array of broadband products and high bandwidth services in New Mexico," said Valerie Dodd, vice president and general manager for CenturyLink in New Mexico.
Dodd and her Albuquerque-based local operations team currently are studying the communities CenturyLink serves in the state to determine where to deploy the expanded broadband infrastructure that the new initiative will fund. The company wants to ensure the expansion effort delivers the best possible high-speed Internet experience to New Mexico customers.
CenturyLink will implement the expanded broadband program over the next several years. The investment is in addition to the millions the company spends in the state annually to improve and expand its existing communications network.
CenturyLink is the third largest telecommunications company in the United States. The company provides broadband, voice and wireless services to consumers and businesses across the country and advanced entertainment services under the CenturyLink™ Prism™ TV and DIRECTV brands. In addition, the company provides data, voice and managed services to business, government and wholesale customers in local, national and select international markets through its high-quality advanced fiber optic network and multiple data centers. CenturyLink also is recognized as a leader in the network services market by key technology industry analyst firms, and is a global leader in cloud infrastructure and hosted IT solutions for enterprises through Savvis, a CenturyLink company. CenturyLink's customers range from Fortune 500 companies in some of the country's largest cities to families living in rural America. Headquartered in Monroe, La., CenturyLink is an S&P 500 company and is included among the Fortune 500 list of America's largest corporations. For more information, visit www.centurylink.com.
SOURCE CenturyLink, Inc.