[1st-mile-nm] CenturyLink - NM PRC Update
Richard Lowenberg
rl at 1st-mile.com
Mon Jul 11 14:37:00 PDT 2011
CenturyLink Completes $258 Million New Mexico Broadband and Network
Investment
Exceeds New Mexico Public Regulatory Commission Commitment by $3
Million - Completed Early
http://news.centurylink.com/index.php?s=43&item=2469
Jul 6, 2011
ALBUQUERQUE, N.M., July 6, 2011 /PRNewswire/ -- CenturyLink, Inc.
(NYSE: CTL), which acquired Qwest Communications on April 1, today
announced that it completed ahead of schedule a $258 million capital
investment within specific categories ordered by the New Mexico Public
Regulatory Commission (PRC) under the 2007 Second Amended Settlement
Agreement (SASA), and added $3 million above the $255 million required
investment per the SASA.
"We are proud that these particular investments are complete, were done
early and that we invested an additional $3 million. As a result, our
network is more reliable, we have more connected cities with greater
redundancy and improved access to higher broadband speeds," said Valerie
Dodd vice president and general manager for CenturyLink in New Mexico.
"We look forward to continued investment in bringing innovative products
and services to this marketplace."
In February 2007, CenturyLink (at that time Qwest) committed to the PRC
to invest $255 million throughout New Mexico in five specific
categories, including broadband expansion. That effort focused on
increasing availability by interconnecting each of its central offices
in New Mexico. The goal was to expand broadband to 83 percent of New
Mexico's residents, and the company has reached 85 percent. In addition,
CenturyLink's broadband service now reaches an average of 75 percent of
customers in rural areas.
The second category, central office redundancy and diversity, involved
building fiber routes and creating a secondary backbone to enhance
network reliability. The third category, cable rehabilitation, focused
on replacing more than 150 miles of aging cable throughout New Mexico.
The fourth and fifth categories were for network and advanced
telecommunications technology, in which investments for network
improvement and capacity augmentation were made.
(snip)
----------------------------
Richard Lowenberg
1st-Mile Institute
Box 8001, Santa Fe, NM 87504
505-989-9110 / 505-603-5200
www.1st-mile.com
rl at 1st-mile.com
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