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MarketScreener Homepage  >  Equities  >  Nyse  >  CenturyLink Inc.    CTL

CENTURYLINK INC.

(CTL)
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CenturyLink : Attorney General Ferguson wants to hear from people impacted by 911 outage

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01/11/2019 | 08:18am EDT

Attorney General Bob Ferguson wants to hear from Washingtonians impacted by last month's statewide 911 outage.

The more than 12-hour 911 outage, which occurred between Dec. 27 and 28, was the second lengthy statewide outage of the emergency call system managed by CenturyLink since 2014.

"For the second time, CenturyLink has fallen short of its obligation to provide reliable 911 services for Washingtonians," Ferguson said. "If you called for help during this outage, only to be met with a busy signal, please share your story with my office. We want to know exactly how CenturyLink's failure impacted the people of our state."

In the wake of a six-hour 911 outage in 2014, Ferguson urged the state Utilities & Transportation Commission (UTC) to impose the maximum regulatory penalty of $11.5 million against CenturyLink. Among other testimony filed with the commission, Ferguson presented the story of Alicia Cappola, an Everett mother, who was home with her 5-year-old twins and was forced to arm herself with a kitchen knife to ward off an intruder after 37 unsuccessful attempts to get through to 911.

The UTC fined CenturyLink just short of $2.9 million for the outage.

Ferguson was "deeply disappointed" in the fine, which was a quarter of the maximum penalty he pushed for.

"Bottom line – CenturyLink is getting off with a slap on the wrist," Ferguson said when the UTC announced its decision in 2016.

© 2019 Islands Sounder. All rights reserved., source Newspapers

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Financials (USD)
Sales 2019 22 357 M
EBIT 2019 3 806 M
Net income 2019 -5 127 M
Debt 2019 33 114 M
Yield 2019 8,80%
P/E ratio 2019 -2,37x
P/E ratio 2020 9,69x
EV / Sales2019 2,04x
EV / Sales2020 2,01x
Capitalization 12 397 M
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Mean consensus HOLD
Number of Analysts 14
Average target price 13,54  $
Last Close Price 11,37  $
Spread / Highest target 58,3%
Spread / Average Target 19,1%
Spread / Lowest Target -12,0%
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NameTitle
Jeffrey K. Storey President, Chief Executive Officer & Director
Harvey P. Perry Non-Executive Chairman
Glen F. Post Director
Virginia Boulet Independent Director
Peter C. Brown Independent Director
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