Despite its monopolistic legacy, Embarq appears to be competing very well. They are one of the few traditional telecom carriers companies that are actually slowing the rate of landline loss. Several factors for this success have been identified, including wireline – wireless service integration and slower than expected cable telephony availability in Embarq territories. Whatever the factors, Embarq appears to be executing well, and Wall Street has taken notice. Its stock is up 52% since its birth as a result of Sprint divesting its local telecom business, and focusing on wireless and VoIP.
Read this AP story for more info.
