We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
CenturyLink (CTL) Secures 2-Year ISP Contract From Quilt
Read MoreHide Full Article
CenturyLink, Inc. recently secured a two-year contract as an authorized commercial Internet service provider (ISP) from The Quilt, a national coalition of non-profit regional networks for research and education across the United States.
Quilt represents 40 networks across the country and provides advanced network services and applications to more than 900 universities and thousands of other educational institutions. It combines regional research and education networks to develop, deploy and operate advanced secure cyberinfrastructure, which in turn, enables innovation in research and education.
The Quilt Community collectively purchases 765 Gbps of committed commodity bandwidth from Quilt-approved providers.
CenturyLink participated in the competitive RFP (request for proposal) process, which focused on IP transit providers that are at the forefront of technology and offer the best value to Quilt members.
CenturyLink has been an authorized Quilt provider since 2002. The company has a history of providing research and education networks with advanced technology solutions that meet the Quilt members' increasing bandwidth needs, including providing 100 gigabit service.
It provides research and education institutions with the required security and reliability by supplying cybersecurity, cloud, managed hosting and IT services over its carrier-class network.
With such coveted contracts, CenturyLink continues to maintain its leading position as a provider of secure, best-in-class network solutions to large educational institutions and public consortiums.
Over the past six months, the stock has significantly outperformed the industry with an average return of 19.9% against a decline of 7.4% for the latter. Management believes that the company has ample business growth opportunities, which will help to drive long-term shareholder value.
Moreover, CenturyLink’s strong network capabilities, integrated hosting and network solutions are likely to promote growth in the cloud business. The company sees its managed and cloud services as a key differentiator from other players in the market, which should boost its top line, going forward.
CenturyLink currently has a Zacks Rank #3 (Hold). Better-ranked stocks in the industry include BlackBerry Limited (BB - Free Report) , Motorola Solutions, Inc. (MSI - Free Report) and Ubiquiti Networks, Inc. . While BlackBerry sports a Zacks Rank #1 (Strong Buy), Motorola Solutions and Ubiquiti Networks carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
BlackBerry has an expected long-term earnings growth rate of 18.6%. It exceeded earnings estimates twice in the trailing four quarters with an average positive surprise of 500%.
Motorola Solutions has an expected long-term earnings growth rate of 8%. It beat earnings estimates in each of the trailing four quarters, the average being 12.1%.
Ubiquiti Networks has an expected long-term earnings growth rate of 18.6%. It exceeded earnings estimates thrice in the trailing four quarters with an average positive surprise of 8.9%.
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
Image: Bigstock
CenturyLink (CTL) Secures 2-Year ISP Contract From Quilt
CenturyLink, Inc. recently secured a two-year contract as an authorized commercial Internet service provider (ISP) from The Quilt, a national coalition of non-profit regional networks for research and education across the United States.
Quilt represents 40 networks across the country and provides advanced network services and applications to more than 900 universities and thousands of other educational institutions. It combines regional research and education networks to develop, deploy and operate advanced secure cyberinfrastructure, which in turn, enables innovation in research and education.
The Quilt Community collectively purchases 765 Gbps of committed commodity bandwidth from Quilt-approved providers.
CenturyLink participated in the competitive RFP (request for proposal) process, which focused on IP transit providers that are at the forefront of technology and offer the best value to Quilt members.
CenturyLink has been an authorized Quilt provider since 2002. The company has a history of providing research and education networks with advanced technology solutions that meet the Quilt members' increasing bandwidth needs, including providing 100 gigabit service.
It provides research and education institutions with the required security and reliability by supplying cybersecurity, cloud, managed hosting and IT services over its carrier-class network.
With such coveted contracts, CenturyLink continues to maintain its leading position as a provider of secure, best-in-class network solutions to large educational institutions and public consortiums.
Over the past six months, the stock has significantly outperformed the industry with an average return of 19.9% against a decline of 7.4% for the latter. Management believes that the company has ample business growth opportunities, which will help to drive long-term shareholder value.
Moreover, CenturyLink’s strong network capabilities, integrated hosting and network solutions are likely to promote growth in the cloud business. The company sees its managed and cloud services as a key differentiator from other players in the market, which should boost its top line, going forward.
CenturyLink currently has a Zacks Rank #3 (Hold). Better-ranked stocks in the industry include BlackBerry Limited (BB - Free Report) , Motorola Solutions, Inc. (MSI - Free Report) and Ubiquiti Networks, Inc. . While BlackBerry sports a Zacks Rank #1 (Strong Buy), Motorola Solutions and Ubiquiti Networks carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
BlackBerry has an expected long-term earnings growth rate of 18.6%. It exceeded earnings estimates twice in the trailing four quarters with an average positive surprise of 500%.
Motorola Solutions has an expected long-term earnings growth rate of 8%. It beat earnings estimates in each of the trailing four quarters, the average being 12.1%.
Ubiquiti Networks has an expected long-term earnings growth rate of 18.6%. It exceeded earnings estimates thrice in the trailing four quarters with an average positive surprise of 8.9%.
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
It's not the one you think.
See This Ticker Free >>