The company provided telephone service in parts of 14 states by that time. Ĭentury Telephone performed well during the long bear market of the 1970s, as its stock rose over fourfold. On October 24, 1978, Century Telephone moved to the New York Stock Exchange for the first time and began to trade under the ticker symbol CTL. In 1972, Century Telephone acquired the La Crosse Telephone Corporation, of Wisconsin. In 1971, the company was renamed Century Telephone Enterprises, Inc. Between 19, Clarke gradually moved his headquarters from Marion to Monroe, Louisiana, to access the larger employee base and to be near the airport. Williams served as president and chairman of the board. That year, the company was incorporated as Central Telephone and Electronics. 1967–1999 īy 1967, Oak Ridge Telephone Company served three states with 10,000 access lines. The company remained as a family-operated business until it became incorporated in 1968. Lumen still maintains offices in the former headquarters building. With a loan from business associate Joe Sydney Carter, Clarke purchased the Marion Telephone Company and eventually made it his base of operation as he grew his company through more acquisitions. In 1947, Clarke Williams learned the telephone company in Marion, Louisiana was for sale. In 1946, the Williams' son, Clarke McRae Williams, received ownership of the family's telephone company as a wedding gift. They moved the switchboard to the Williams family front parlor. In 1930, Hogan sold the company, with 75 paid subscribers, to William Clarke and Marie Williams, for $500. The earliest predecessor of Lumen was the Oak Ridge Telephone Company in Oak Ridge, Louisiana, which was owned by F. 1.3 2008 merger with Embarq and name change to CenturyLink.
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