Tag Archives: qwest communications

CenturyLink to Invest $20 Million for Broadband in New Mexico

CenturyLink, Inc. (NYSE: CTL) plans to invest at least $20 million to improve and expand broadband communications services in New Mexico now that it has merged with Qwest Communications.

“This investment by CenturyLink to expand broadband services in New Mexico is an effective way for the company to introduce itself to the state,” New Mexico Public Regulation Commission chairman Pat Lyons said. “CenturyLink is New Mexico’s leading communications provider now that its merger with Qwest is complete. We look forward to the additional resources and opportunities that this increased Internet connectivity made possible by CenturyLink will provide the people of New Mexico.”

With the

Former Speakeasy Chris Gellos MegaPath’s New Senior VP of Sales

MegaPath, Inc.has appointed of Chris Gellos as Senior Vice President of Sales. In this role, he will oversee the strategic direction and management of the Company’s direct and channel sales operations. A telecommunications veteran with over 20 years experience, Gellos brings to MegaPath a proven track record of building high performing sales organizations in both direct and channel sales.

Prior to his new role, Gellos served as Vice President of Sales at Speakeasy where he was responsible for the growth and performance of the direct and channel sales teams. On September 1, 2010, MegaPath completed its merger with Speakeasy and Covad, creating one of the largest end-to-end facilities-based IP communications networks in the country. Gellos has held a variety of management positions with telecommunications companies including Qwest Communications, Electric Lightwave, Citizens Communications and Line One.

“Chris has played a pivotal role in integrating all three companies’ direct and channel programs in a seamless fashion,” said Bruce Chatterley, President of Business Markets, MegaPath. “As we prepare to launch our new channel partner program, Chris’ vision on the direction of the sales organization will prove to be valuable as we mark another company milestone.”

MegaPath’s Channel Partner Program includes over 4,500 referral partners and Master Agents in the country. The new MegaPath, as a result of the merger with Speakeasy and Covad Communications in 2010, provides complete voice, data, private networking and managed security solutions to small, medium and enterprise businesses throughout the United States.

Qwest First Quarter 2010 Results

Qwest Communications (NYSE: Q) today reported financial results for the first quarter 2010. In the quarter, the company reported solid growth in business and consumer data services, improved margins and continued to make solid progress on key initiatives.

In the first quarter, net income was $38 million. Earnings per share were 2 cents compared to 12 cents in the first quarter 2009. The current quarter