Cable Technology Feature Article
CenturyLink Trumpets Positive Financial Growth
By Oliver VanDervoort, Contributing Writer
One of the top tech companies in the world, CenturyLink, has announced its first quarter results for 2014 and the firm has apparently been doing quite well. The firm has announced it has operating revenues of more than $4.54 billion. In total, the firm has seen strong growth in a number of different fields. The numbers seem to point to better days ahead for a company that has put itself on strong footing.
Among the reasons for the strong growth is the addition of more than 66,000 high speed Internet customers. The company has also added 24,000 CenturyLink Prism TV customers. Industry analysts believe this is the beginning of an upward climb. The higher ups in the company are also looking to see some increased growth in the coming months. Company CEO Glen F. Post III issued a statement that accompanied the release of the figures.
“We continue to see increasing demand from business customers for our reliable, secure solutions that meet their network and hosting needs. We are pleased with the early success of our Managed Office product suite launch, as well as the continued strength in multi-site MPLS(3) sales.”
Post added that the company’s Tier 3 integration continues to progress well. CenturyLink (News - Alert) data centers are getting new cloud nodes in its data centers in the first quarter. Data centers are a major priority for the firm in 2014 and the company is looking to put up four new CenturyLink data centers by the end of the year.The CenturyLink Prism television service is becoming quite the feather in the company’s cap. With an additional 24,000 customers in the first quarter of 2014, it means the firm now has more than 200,000 total subscribers. While the growth is still somewhat smaller compared to other companies, there are some pretty good indicators of continued upward movement.
Edited by Rory J. Thompson