Centurylink Holds Annual Shareholder's Meeting Announces Growth

The Monroe-based technology company has enjoyed steady growth over the past 5-years and shared that information with shareholders.

MONROE – ‘Optimism’ was the word of the day at the CenturyLink annual shareholder's meeting, Wednesday.

The Monroe-based company announced substantial growth over the past 5-years in both revenue and footprint.

"Our company has been greatly blessed," said CEO Glen Post.

In a presentation to shareholders, Post said that since 2008, the company has seen revenue increase from $2.4 billion to more than $18 billion.

CenturyLink footprint covers thirty-seven states, employing more than 47,000 people. Post believes it all starts with them.

“Our employees have worked really hard, they've done an outstanding job of serving our customers,” adds Post.

In 2014, the company has more than six million broadband subscribers and is starting to make ground with a digital television product, Prism.

Post says they'll continue to invest in fiber services this year

“It enables us to bring the services that customers want and need – high-speed internet, video services, the services that allow business to grow,” said Post. “That's what's important to our customers and therefore it's important to us."

One question that seems to pop up each year is whether or not CenturyLink has outgrown their corporate headquarters here in Monroe. The CEO says this 300,000 sq. ft. technology center should be proof enough that CenturyLink is here to stay.

“I don't see us outgrowing Monroe. This is a great place to live and work and we like being here. We'll always have other work locations across the country but Monroe is a great place to be and have a corporate headquarters.”

That technology center is expected to bring eight-hundred new jobs to north Louisiana, as well as a state of the art laboratory for testing the latest technology.

“For Monroe, it helps by bringing employees, additional services and other vendors to the area. It helps economic growth and creates jobs across northeast Louisiana, we believe.”

Construction on the project is expected to wrap up by the end of 2014, capping off another big year for the technology giant.

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