CenturyLink

Paul Sableman | Flickr.com / https://creativecommons.org/licenses/by/2.0/

North Louisiana Economic Partnership (NLEP), won the Louisiana Association of Business & Industry (LABI) 2017 Economic Development Partner of the Year Award.

This statewide award recognizes leadership by an economic development organization.  This Award will be formally presented at the LABI Free Enterprise Awards Ceremony in Baton Rouge on November 16, 2017.

Tony Webster / flickr.com / https://creativecommons.org/licenses/by-sa/2.0/

The 24-billion-dollar acquisition of Level 3 Communications by Monroe based CenturyLink is now complete, expanding the largest public trading company in Louisiana to more than 350 metropolitan areas. CenturyLink Spokesperson Ann Marie Sartor says the merger allows them to continue leading the telecommunications industry.

Sartor says besides expansion in the U.S., CenturyLink will be able to focus on overseas operations as a result of the merger with the added assets and manpower the former Level 3 Communications is able to provide.

Jay Curtis / KEDM

Accounting, CIS, healthcare, and manufacturing are the in-demand career sectors in north Louisiana according to workforce development experts.  KEDM's Policy and a Pint dug into the subject at an open public forum on workforce issues.

Panelists and audience members agreet that the future of our workforce is children. Panelists fielded many questions about STEM education and the educational foundation being laid by our area educators. 

Workforce Development is something The University of Louisiana Monroe is always working to accomplish.  Roslynn Pogue, Director of the ULM Office of Career Connections, says our area is growing and there are shortages of employees in many areas.  

"Accounting, nursing and other medical fields are in high demand," says Pogue.  She says many employers are looking to ULM to ask about potential graduates. ULM Career Connections helps student with skills to land these lucrative jobs. 

North Louisiana Economic Partnership

A $1.5 million dollar grant will help connect CenturyLink and IBM in Monroe. 

The federal Economic Development Administration (EDA) has awarded the City of Monroe with a grant that’s anticipated to stimulate $20 million in economic development.

ULM Photo Services / University of Louisiana Monroe

The University of Louisiana Monroe announced its selection as an Annie Lowe Stiles grant recipient from the Community Foundation of North Louisiana at a press conference Tuesday.

 Through the grant funds, along with matching funds, the College of Business and Social Sciences has been able to create twenty $2,000 scholarships for students enrolled in the bachelor’s degree programs in Computer Information Systems and Computer Science, as well as the students enrolled in the Post-Baccalaureate Certificate program in Computer Information Systems. 

Century Link / http://centurylink.net/

Today the board of directors from Century Link announced a merger with Level 3 communications with a trade value worth 34 billion dollars. 

Chief executive officer of Century Link, Glen Post, believes that the merger will make Century Link one of the best services for corporate companies to be provided with. 

"The digital economy relies on broadband connectivity, and together with Level 3 we will have one of the most robust fiber network and high speed data services companies in the world," said Post.

CenturyLink to acquire Level 3 Communications

Oct 31, 2016
courtesy image / CenturyLink.com

  • New Company will be the Second Largest Domestic Communications Provider Serving Global Enterprise Customers
  • Combined Company Will Deliver Comprehensive Services and Solutions Over an Owned Network that Connects More Than 350 Metropolitan Areas with Approximately 75,000 On-Net Buildings
  • Transaction Valued at Approximately $34 Billion
  • Expect to Achieve $975 Million in Annual Run-Rate Cash Synergies that will Enhance Ability to Invest in Advanced Networks
  • Transaction Expected to be Accretive to Free Cash Flow in First Year Following Close and Significan

Ouachita Business Alliance Unveils Master Plan

Sep 3, 2015
B. Lenox / KEDM

The Ouachita Business Alliance on Thursday unveiled a master plan to form a coalition of progress for Ouachita Parish. 

 

 

The plan is designed to help the community to grow and improve, and  provide a rallying point for citizens and businesses to participate. 

Louisiana Jobs Cut In CenturyLink Layoff Plan

Aug 29, 2015
courtesy image / CenturyLink.com

CenturyLink is cutting around 55 jobs from its Louisiana workforce as part of a companywide layoff plan.

Spokesperson Annemarie Sartor did not indicate what positions were part of the reduction.  The telecommunications company employs about 2,500 people at its headquarters in Ouachita Parish.

Earlier this month, CenturyLink announced a reduction of 1,000 jobs companywide.  They employ approximately 44,000 workers around the world.

The layoffs come following disappointing second quarter earnings that were reported in late July.

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