Embarq
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Embarq Communications, Inc. | |
Type of Company | Public (NYSE: EQ) |
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Founded | May 17, 2006 |
Headquarters | Overland Park, Kansas, USA |
Key people | Daniel R. Hesse, Chairman & CEO |
Industry | Telecommunications |
Products | Landline Telephone Service |
Revenue | $6.254 billion USD (2006) |
Net income | $878.0 million USD (2006) |
Employees | 14,500 (2005) |
Website | Embarq |
Embarq Communications, Inc., or EMBARQ, was formerly the local telephone division (LTD) of Sprint Nextel. It is traded on the New York Stock Exchange under the symbol EQ.
The company is the fifth largest local exchange carrier in the United States (under the Baby Bells) and the largest independent local provider, serving customers in 18 states and providing local, long distance and high-speed data services to residential and business customers. The Las Vegas, Nevada metropolitan area is their largest market. [1] The company consists of approximately 20,000 employees.
Telephone directories for EMBARQ customers are published by R.H. Donnelley.
Approximately $3 billion in debt incurred from the Sprint Nextel merger was transferred to the new company. The company is estimated to have approximately $6 billion in revenues.
EMBARQ trademarks are the property of a subsidiary named Embarq Holdings Company LLC, commonly mistaken as the actual name of the publicly traded holding company, Embarq Corporation.
It began trading on the NYSE on May 18, 2006.
[edit] Coverage
EMBARQ's coverage territory covers that of the former ILEC companies of Carolina Telephone & Telegraph, United Telephone Company, and Centel (Central Telephone Company) which combined were part of Sprint Local prior to the spinoff of ILEC assets into EMBARQ. While the EMBARQ corporation was recently established, the companies heritage goes back to 1899. At that time, the genesis company was named Browns Local Telephone company.
Embarq provides its local service through operating companies. The states that it provides service to include:
- Florida
- Indiana
- Kansas
- Minnesota
- Missouri
- Nebraska
- Nevada
- New Jersey
- North Carolina
- Ohio
- Oregon
- Pennsylvania
- South Carolina
- Tennessee
- Texas
- Virginia
- Washington
- Wyoming
[edit] Official Sites
- Embarq Corporation
- Embarq Logistics (Formerly Sprint North Supply)
- Embarq Wholesale Services
[edit] Competitors
- AT&T
- Verizon Communications
- Cox Communications
- BellSouth
- Qwest
- Time Warner Cable
- Vonage
- Windstream Communications --Formally Alltel, who spun off their landline division with Valor Telecom.
United States telephone companies | |||
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Alaska Power and Telephone Company | AT&T | BellSouth (pending acquisition) | CenturyTel | Cincinnati Bell | Frontier | Embarq | Hawaiian Telcom | Qwest | TDS | Verizon | XO Communications | Windstream | |||
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Embarq Corporation |
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Corporate Directors: Peter C. Brown - Chairman and CEO | Steven A. Davis | Daniel R. Hesse | John P. Mullen | William A. Owens | Dinesh C. Paliwal | Stephanie M. Shern | Laurie A. Siegel |
Assets |
Annual Revenue: $6.7 billion USD ( FY 2005) | Employees: 20,000 | Stock Symbol: NYSE: EQ | Website: www.embarq.com |
Categories: Telecommunications companies of the United States | Sprint Nextel | Embarq | Companies established in 2006 | 2006 establishments | Companies based in Kansas | Companies listed on the New York Stock Exchange | Kansas City metropolitan area | S&P 500 | Internet service providers of the United States