Leading landline operator
) will offer the cyber-security solutions of Blue Ridge Networks
to its government customers, as per a recently signed agreement.
However, none of the parties disclosed the financial aspect of
CENTURYLINK INC (CTL): Free Stock Analysis
LEAP WIRELESS (LEAP): Free Stock Analysis
SAP AG ADR (SAP): Free Stock Analysis Report
VERIZON COMM (VZ): Free Stock Analysis Report
To read this article on Zacks.com click here.
Through several contract vehicles, CenturyLink will sell a
diversified range of cyber protection products that include Blue
Ridge's tailor-made, fully managed network security systems to
various federal, state and local government clients. The company
will also extend these services through its subsidiary Savvis -
that renders cloud computing and managed hosting solutions for
Chantilly, Va. based Blue Ridge Networks has been engaged in
carting high-quality Internet safety offerings to government and
industry customers for over 15 years. These security software
enable users to stay protected from virus, spyware and malware,
while being connected.
We believe that this alliance will establish a strong business
relationship between CenturyLink and Blue Ridge Networks.
Specialized cloud infrastructure and hosted IT solutions of
CenturyLink combined with Blue Ridge's excellent and affordable
online crime protection solutions will aid the former in securing
a strong market position. It will also help Blue Ridge gain
market recognition. The regulatory clients of CenturyLink will
get the advantage of best-in-class Internet security without
buying any additional product.
We appreciate CenturyLink's commitment to meet the growing
customers' demand for high-speed Internet and high-bandwidth
services. In this regard, the company has chalked a detailed
investment plan directed toward broadband expansion and
enhancement, fiber-to-the-tower (FTTT) deployment, growth of
managed hosting and cloud services, and faster IPTV offering.
However, the pressures of debt maturities, deteriorating legacy
voice and access revenues and competition from other low-cost
telecom operators like
LEAP Wireless International Inc.
) plus the constant need for technology upgrades will continue to
remain significant headwinds for the company.
CenturyLink, which has business tie-ups with
Verzion Communications Inc.
), has a Zacks Rank #3, implying a Hold rating.