Embarq Corporation, through its subsidiaries, provides local and long distance voice, data, high-speed Internet, satellite video, wireless, and other communications-related products and services to consumer and business customers in the United States. It operates in two segments, Telecommunications and Logistics. The Telecommunications segment offers voice, data, high-speed Internet, and wireless services. Its voice services include local calling services; calling features and other services, such as call forwarding, caller identification, voicemail, call waiting, and inside wire installation and maintenance services; long distance voice and data services; switched access services; and wholesale communication services. It offers a range of data services to businesses, long distance carriers, wireless carriers, and CLECs. As of December 31, 2007, the company provided high-speed Internet access services to approximately 1.3 million subscribers. It also offers video services, engineering and customer support services, remote management and monitoring of CPE, remote security services to protect customer information and networks, and maintenance of equipment under contract; and other services, including caller identification database services, and billing and collection services. The Logistics segment engages in procuring, configuring, and distributing equipment, materials, and supplies to the communications industry. This segment offers outside plant, telephones and accessories, and network access equipment from manufacturers. The company markets and sells its products and services through consumer markets, business markets, wholesale markets, and logistics. Embarq Corporation offered regulated local communications services as an incumbent local exchange carrier to approximately 6.5 million access lines. The company was incorporated in 2005 and is headquartered in Overland Park, Kansas. Embarq Corp. (NYSE:EQ) operates independently of Sprint Nextel Corp. as of May 17, 2006.
Analysts'
Recommendation: | Buy |
| 30 Days Ago: | Buy |
|
| Analysts' Target: | $54 |
| Analysts' Targets |
| UBS Securities | $53 |
| Buy |
Wednesday, July 30, 2008
|
| Stanford Group Company | $63 |
| Hold |
Monday, May 05, 2008
|
| Oppenheimer & Co. Inc. | $52 |
| Outperform |
Wednesday, April 30, 2008
|
| RBC Capital Markets | $49 |
| Sector Perform |
Wednesday, April 30, 2008
|
$47.21 (08/31/08)
