Markets

CenturyLink Extends Visibility Into Cyber Threat Landscape

With a view to assist enterprises predict, protect and respond to evolving cyber threats, CenturyLink, Inc.CTL has announced an expanded visibility into the global threat landscape.

Actionable threat intelligence has gained more importance in effective cybersecurity nowadays, as cybercrime continues to grow as a profitable shadow industry.

At present, CenturyLink monitors more than 114 billion NetFlow sessions and 1.3 billion security events per day, post integration of networks from its acquisition of Level 3 Communications. Additionally, the company is responding to and mitigating roughly 120 DDoS attacks per day and removing approximately 35 command and control (C2) networks per month. The enhancement allows customers to better anticipate and protect against threats.

Moreover, the acquisition of Level 3 Communications increased CenturyLink's network by 200,000 route miles of fiber including 64,000 route miles in 350 metropolitan areas and 33,000 subsea route miles connecting multiple continents.

The merged entity will be a force in the fiber-based metro-Ethernet and Internet market. It aims to offer customers a broader and more complementary range of services and solutions while enabling an advanced technology and growing bandwidth needs.

Management views that there is an explosion in global cybercrime whereby bad actors are motivated, organized and adaptable. Organizations need adequate threat intelligence with the scope and depth to take necessary steps. CenturyLink is focused on bringing improved operating efficiencies through a number of methods including network simplification and rationalization. This should help the company improve its end to end provisioning time and drive standardization.

CenturyLink is also investing in fiber-to-the-tower expansion and has expanded its fiber-based backhaul services. Moreover, the company expects its Managed Office and Managed Enterprise Solutions to continue gaining traction and drive revenue growth on the back of increasing demand from small and large businesses. The company's broadband expansion goal will help it gain from the growing demand. It has managed to enhance broadband speed with continuous investment in network development.

Over the last three months, the stock has outperformed the industry with an average loss of 2.9% compared with a decline of 8.2% for the latter.

CenturyLink carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the industry are United States Cellular Corporation USM , SITO Mobile, Ltd. SITO and Orange S.A. ORAN . While United States Cellular sports a Zacks Rank #1 (Strong Buy), SITO Mobile and Orange carry a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here .

United States Cellular has an expected long-term earnings growth rate of 1%. It exceeded earnings estimates thrice in the trailing four quarters, with an average of 306.5%.

SITO Mobile has an expected long-term earnings growth rate of 25%.

Orange has an expected long-term earnings growth rate of 25.9%.

Wall Street's Next Amazon

Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It's a once-in-a-generation opportunity to invest in pure genius.

Click for details >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

CenturyLink, Inc. (CTL): Free Stock Analysis Report

SITO Mobile, Ltd. (SITO): Free Stock Analysis Report

United States Cellular Corporation (USM): Free Stock Analysis Report

Orange (ORAN): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

USM ORAN

Other Topics

Stocks

Latest Markets Videos

Zacks

Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. Today, that discovery is still the heart of the Zacks Rank. A wealth of resources for individual investors is available at www.zacks.com.

Learn More