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Embarq Minnesota
CenturyLink of Minnesota, Inc. is a telephone operating company providing local telephone services in Minnesota. In 2005, Sprint Corporation acquired Nextel and changed its name to Sprint Nextel Corporation. In 2006, the company spun-off its local telephone operation into a separate company, Embarq Corporation. The company was renamed Embarq Minnesota, Inc. Embarq was acquired by CenturyTel in 2009, which in 2010 changed its name to CenturyLink. Embarq Minnesota, at that point, began doing business under the CenturyLink name. The company's legal name was changed in 2022 to reflect its ownership by CenturyLink after most of Embarq was spun off to Brightspeed Connect Holdings LLC, doing business as Brightspeed is a telecommunications and Internet service provider in the United States. It is owned by Apollo Global Management. The company was formed in 2022 to acquire operations in 20 states which were pre .... {{CenturyLink Lumen Technologies Sprint Corporation Telecommunicatio ...
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Private Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ...
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Nextel
Nextel Communications, Inc. was an American wireless service operator that merged with and ceased to exist as a subsidiary of Sprint Corporation, which would later be bought by T-Mobile US and folded into that company. Nextel in Brazil, and formerly in Argentina, Chile, Peru, the Philippines, and Mexico, is part of NII Holdings, a stand-alone, publicly traded company not owned by Sprint Corporation. Nextel Communications traces its roots to the 1987 foundation of FleetCall by Morgan E. O'Brien, Morgan O'Brien, Brian McAuley, Chris Rogers, and Peter Reinheimer. FleetCall changed its name to Nextel Communications, Inc. in 1993. Nextel provided digital, wireless communications services, originally focusing on the fleet and dispatch customers, but later marketed to all potential wireless customers. Nextel's network operated in the 800-MHz Specialized Mobile Radio band and used iDEN technology developed by Motorola. Nextel's iDEN network offered a then unique push-to-talk "walkie-talk ...
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Companies Disestablished In 2009
A company, abbreviated as co., is a Legal personality, legal entity representing an association of legal people, whether Natural person, natural, Juridical person, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the State (polity), state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * List of legal entity types by country, business entities, whose aim is to generate sales, revenue, and For-profit, profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limi ...
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Telecommunications Companies Established In 1968
Telecommunication, often used in its plural form or abbreviated as telecom, is the transmission of information over a distance using electronic means, typically through cables, radio waves, or other communication technologies. These means of transmission may be divided into communication channels for multiplexing, allowing for a single medium to transmit several concurrent communication sessions. Long-distance technologies invented during the 20th and 21st centuries generally use electric power, and include the telegraph, telephone, television, and radio. Early telecommunication networks used metal wires as the medium for transmitting signals. These networks were used for telegraphy and telephony for many decades. In the first decade of the 20th century, a revolution in wireless communication began with breakthroughs including those made in radio communications by Guglielmo Marconi, who won the 1909 Nobel Prize in Physics. Other early pioneers in electrical and electronic tel ...
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Lumen Technologies
Lumen Technologies, Inc. (formerly CenturyLink, Inc.) is an American telecommunications company headquartered in Monroe, Louisiana, which offers communications, network services, security, cloud solutions, voice and managed services through its fiber optic and copper networks, as well as its data centers and cloud computing services. The company has been included in the S&P 600 index since being removed from the S&P 500 in March 2023. Its communications services have included local and long-distance voice, broadband internet, Multiprotocol Label Switching, private line (including special access), Ethernet, hosting (including cloud hosting and managed hosting), data integration, video, network, public access, Voice over Internet Protocol (VoIP), information technology, and other ancillary services. Lumen has gone through many acquisitions, divestments, and structural changes. In the 20th century, this primarily consisted of buying and selling local telecom providers. Larger ...
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Brightspeed
Connect Holdings LLC, doing business as Brightspeed is a telecommunications and Internet service provider in the United States. It is owned by Apollo Global Management. The company was formed in 2022 to acquire operations in 20 states which were previously owned by Lumen Technologies. History Lumen Technologies announced a plan to divest itself of local phone operations in twenty states in the Midwest, Southeast, and Mid-Atlantic regions of the U.S. in order to concentrate on their large enterprise data business inherited from their acquisition of Level 3 Communications, and to build out optical fiber in 16 western states where they continue to operate local phone operations under the CenturyLink brand, including exchanges inherited from Qwest, a Baby Bell, along with their operations in Nevada and Florida. Apollo Global Management, an asset management firm, acquired the divested operations for $7.5 billion plus the assumption of $1.4 billion in debt through the newly formed subsidia ...
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CenturyTel
Lumen Technologies, Inc. (formerly CenturyLink, Inc.) is an American telecommunications company headquartered in Monroe, Louisiana, which offers communications, network services, security, cloud solutions, voice and managed services through its fiber optic and copper networks, as well as its data centers and cloud computing services. The company has been included in the S&P 600 index since being removed from the S&P 500 in March 2023. Its communications services have included local and long-distance voice, broadband internet, Multiprotocol Label Switching, private line (including special access), Ethernet, hosting (including cloud hosting and managed hosting), data integration, video, network, public access, Voice over Internet Protocol (VoIP), information technology, and other ancillary services. Lumen has gone through many acquisitions, divestments, and structural changes. In the 20th century, this primarily consisted of buying and selling local telecom providers. Larger me ...
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Sprint Corporation
Sprint Corporation was an American telecommunications company. Before being acquired by T-Mobile US on April 1, 2020, it was the fourth-largest mobile network operator in the United States, serving 54.3 million customers as of June 30, 2019. The company also offered wireless voice, messaging, and broadband services through its various subsidiaries under the Boost Mobile and Open Mobile brands and wholesale access to its wireless networks to mobile virtual network operators. In July 2013, majority ownership of the company was purchased by the Japanese telecommunications company SoftBank Group. Sprint used CDMA, EvDO and 4G LTE networks, and formerly operated iDEN, WiMAX, and 5G NR networks. Sprint was incorporated in Kansas. Sprint traced its origins to the Brown Telephone Company, which was founded in 1899 to bring telephone service to the rural area around Abilene, Kansas. In 2006, Sprint left the local landline telephone business and spun those assets off into a n ...
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Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ...
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Minnesota
Minnesota ( ) is a U.S. state, state in the Upper Midwestern region of the United States. It is bordered by the Canadian provinces of Manitoba and Ontario to the north and east and by the U.S. states of Wisconsin to the east, Iowa to the south, and North Dakota and South Dakota to the west. It is the List of U.S. states and territories by area, 12th-largest U.S. state in area and the List of U.S. states and territories by population, 22nd-most populous, with about 5.8 million residents. Minnesota is known as the "Land of 10,000 Lakes"; it has 14,420 bodies of fresh water covering at least ten acres each. Roughly a third of the state is Forest cover by state and territory in the United States, forested. Much of the remainder is prairie and farmland. More than 60% of Minnesotans (about 3.71 million) live in the Minneapolis–Saint Paul metropolitan area, known as the "Twin Cities", which is Minnesota's main Politics of Minnesota, political, Economy of Minnesota, economic, and C ...
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Plain Old Telephone Service
Plain old telephone service (POTS), or publicly offered telephone service, is basic Voice band, voice-grade telephone service. Historically, POTS has been delivered by Analog signal, analog signal transmission over copper loops, but the term also describes Backward compatibility, backward-compatible analog connections offered by digital telephone systems. Copper loop POTS was the standard service offering from telephone companies in the United States from 1876 until 1988, when the Integrated Services Digital Network (ISDN) Basic Rate Interface (BRI) was introduced, followed by the development of mobile phone, cellular telephone systems and voice over internet protocol (VoIP). Despite the advent of these technologies, copper loop POTS remains a basic form of residential and small business connection to the telephone network in many parts of the world. The term encapsulates a technology that has been available since the introduction of the public telephone system in the late 19th c ...
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