CenturyLink joins the Fortune 500 club

CenturyLink, a creation of the former CenturyTel and EMBARQ, has gained new prominence by securing a spot on Fortune 500's largest U.S. companies list.

What drove CenturyLink to the No. 423 spot on the Fortune 500 list was its acquisition of EMBARQ, which tripled the ILEC's size. Prior to the acquisition, CenturyLink was No. 753.

Although CenturyLink's CEO Glen Post was not available for comment late last week, Louisiana Gov. Bobby Jindal praised the ILEC's move to hire more local workers and maintain the company headquarters in the state until at least 2019.

"As excited as we are about CenturyLink's new status as a Fortune 500 company, we're even more excited that CenturyLink recently committed to add 350 new professional jobs in our state," Jindal said in a News-Star article.

For more:
- News-Star has this article

Related articles:
CenturyLink shines in Q4, but faces a challenging Q1
CenturyLink rings the Tier 2 merger bell - Top Telecom M&As for 2009
CenturyLink gets aggressive with fiber - Wireless Backhaul

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