CenturyLink stands tall

CenturyLink Chief Executive Glen Post told shareholders the company's two most recent monster acquisitions and a third one pending give the Monroe company the breadth and depth to compete with anyone in the telecommunications industry.

CenturyLink, the largest company headquartered in Louisiana, became the second largest telecommunications company in the U.S. behind only AT&T following it acquisitions of Embarq and Qwest Communications, and last month CenturyLink announced it will buy Savvis Inc. in a $3.2 billion deal. After the Savvis deal closes sometime during the second half of this year, CenturyLink will generate about $20 billion in annual revenues. Will CenturyLink buy Sprint as some have speculated? "Our focus now is on the integration of Qwest and the acquisition of Savvis," Post said following the shareholders meeting. "We're not looking to go after anything big right now."