CenturyLink Ready To Move $3 Higher
CenturyLink (CTL), according to the online buzz, will soon offer bonded VDSL2 with speeds of up to 100 Mbps (an official announcement regarding this development has yet to be made, but there are bundle prices with the new high speeds listed up on the company website.) This top speed is up from a previous high of 40 Mbps. It seems the new technology is still in the testing stages, with pair bonding tests currently being carried out in the Denver area, but rumors suggest we can expect the services to be offered more widely later this year.
News that CenturyLink is making improvements to its current communications service will come as a fresh of breath air to investors. The company, along with other similar rural-based organizations, has struggled to keep up with the new hi-speed generation of telecommunications. It did seem for a while it would be at risk of being taken over by a larger company such as AT&T (T), a weakness that saw its share price steadily decline, but after a number of acquisitions, the local firm has managed to stay afloat. This speed boost will see CenturyLink compete alongside larger telecommunications suppliers – although the company does still have a long way to go.
Many CenturyLink customers have reported that they are receiving regular speeds of only around 3 Mbps. That said, this issue is one affecting customers of the majority of telecommunications providers; top speeds are often not indicative of average speeds.To continue reading, click here.
Incoming search terms:
- centuryLink
- centurylink acquisition rumors 2012
- Centurylink merger rumors
I do believe all of the concepts you've presented to your post. They ar ...