Tag Archives: ctl

CenturyLink, Verizon, AT&T Web Hosting Sales Eyed

Whether to sell its cloud-based Web-hosting business looms as a key issue facing CenturyLink (CTL), says Cowen & Co., which initiated coverage on the phone company with a neutral rating. CenturyLink is the nation’s No. 3 local phone company, behind AT&T and Verizon Communications (VZ). “(CenturyLink’s) dividend yield is currently the highest in the S&P 500 at around 8.4%,” said Cowen analyst Gregory Williams in a research report. “Underpinning the

Level 3 Communications, Cogent Rated Outperform

Telecom network operator Level 3 Communications ‘ (LVLT) profit margin outlook has improved while demand for Cogent Communications’ network services could re-accelerate, says RBC Capital, which initiated coverage on both companies with outperform ratings. RBC Capital started coverage of phone companies CenturyLink (CTL) and Frontier Communications (FTR) with hold ratings. RBC Capital separately downgraded DuPont Fabros Technology (DFT), which

Neustar Growth In Question After NPAC Contract Loss

The Federal Communications Commission, following the preference of phone companies, on Thursday unanimously awarded a major telecom database contract to Ericsson’s Telcordia Technologies, which the agency said easily outbid incumbent Neustar. Industry trade group USTelecom — whose members include AT&T (T), Verizon Communications (VZ), CenturyLink (CTL) and Frontier (FTR) — hailed the FCC’s vote. Neustar (NSR) had fought fiercely for contract