sales--as it re-evaluates its capital spending plans in conjunction with its acquisition of BellSouth BLS. In addition, Embarq EQ--which represents about 10% of sales--has slowed its capital spending after being spun off from Sprint S. Looking
We're raising our Embarq fair value estimate.
around $20 billion. CEO Dan Hesse was formerly the CEO of Embarq , the local phone business Sprint spun off in 2006. He has ..... Wireless in the late 1990s and equipment vendor Terabeam before Embarq . Hesse will continue to lead Sprint. However, Sprint is now
We think Embarq 's strong cash flow and financial position are key strengths as it competes for telecom customers.
has pummeled the more urban markets that Embarq and Qwest served. CenturyLink is investing ..... sales over time.While the Qwest and Embarq deals brought exposure to more competitive ..... 3.0 times EBITDA in the future. The Embarq merger brought several positive changes
The firm has continued to improve the performance of the large Embarq markets acquired in 2009, but Internet access customer additions ..... percentage points lower year over year. The firm completed Embarq integration in July and is on track to meet its cost savings
fourth quarter was the slowest since the Embarq acquisition in 2009, and Internet access ..... The firm again cited progress in larger Embarq markets as the primary driver of this ..... firm continues to make progress with the Embarq acquisition and claims that cost savings
customer responsiveness in the largest Embarq markets continue to boost results, though ..... ago, the first quarter following the Embarq deal, revenue declined 6.8%. Management ..... much improved versus a year ago. With Embarq integration costs dropping and cost savings
the urban markets that were part of the Embarq acquisition continue to bear fruit . Management ..... growth versus a year ago in the largest Embarq markets . Looking at the firm as a whole ..... figures aren't meaningful because of the Embarq acquisition and other accounting issues
swatch of rural communities , where it typically faces less competition than operators in urban centers . The 2009 acquisition of Embarq added exposure to a handful of large markets , but CenturyLink still has a solid rural bent that has enabled it to hold cash