CenturyLink, Inc., can be an American multinational communications company headquartered in Monroe, Louisiana. It provides communications and data services to residential, business, governmental and wholesale customers.
A member from the S&P 500 index, the organization operates being a local exchange carrier and Internet service provider in U.S. markets which is the third-largest telecommunications company in the United States with regards to lines served, behind AT&T and Verizon. It also provides telephone long distance service.
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The earliest predecessor of CenturyLink was the Oak Ridge Telephone Company in Oak Ridge, Louisiana, that was belonging to F. E. Hogan, Sr. In 1930, Hogan sold the organization, with 75 paid subscribers, to William Clarke and Marie Williams, for $500. They moved the switchboard towards the Williams family front parlor. In 1946, the Williams’ son, Clarke McRae Williams, received ownership in the family’s telephone company as being a wedding gift.
In 1947, Clarke Williams learned the device company in Marion, Louisiana was available for sale. With a loan from business associate Joe Sydney Carter, Clarke purchased the Marion Telephone Company and ultimately managed to make it his base of operation because he grew his company through more acquisitions. CenturyLink still maintains offices within the former headquarters building. The company remained being a family-operated business until it became incorporated in 1968.