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Qwest Corporation, doing business as CenturyLink QC, is a Regional Bell Operating Company owned by Lumen Technologies. It was originally named Mountain States Telephone and Telegraph Company , later becoming known as Mountain Bell , then US West Communications, Inc. from 1991 to 2000.
On September 14, 2020, CenturyLink, Inc announced that it had changed its name to Lumen Technologies, Inc. [49] Effective with the opening of the trading day on September 18, 2020, the company stock ticker changed from CTL to LUMN. The CenturyLink brand will continue to be the customer-facing brand for traditional copper-based services.
CenturyLink shareholders would hold a 50.5% share of ownership in the combined company, while Qwest shareholders would own the remaining 49.5%. The valuation of CenturyLink's purchase as of April 21, 2010, was $22.4 billion, including the assumption of $11.8 billion of outstanding debt held by Qwest as of December 31, 2009.
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Level 3 Communications, Inc. was an American multinational telecommunications and Internet service provider company headquartered in Broomfield, Colorado. [4] It ultimately became a part of CenturyLink (now Lumen Technologies), where Level 3 President and CEO Jeff Storey was installed as Chief Operating Officer, becoming CEO of CenturyLink one year later in a prearranged succession plan.