CenturyLink and CWA reach agreement in contract negotiations
MONROE, La., July 30, 2013
MONROE, La., July 30, 2013 /PRNewswire/ --CenturyLink, Inc. (NYSE: CTL) and
the Communications Workers of America (CWA) District 7 today announced that
they have reached a tentative agreement in contract negotiations. CenturyLink
is currently in the final stages of working out an agreement with the
International Brotherhood of Electrical Workers (IBEW) Local 206, and expects
to conclude those negotiations in the coming weeks.
"CenturyLink and the CWA are pleased that we have come to an agreement that
provides our employees fair and equitable benefits and will better enable us
to deliver on our mutual commitment to serve our customers," said Glen F. Post
III, chief executive officer and president.
The new four-year agreement now will be sent to CWA bargaining unit members
for ratification votes. The contract covers approximately 12,000 CenturyLink
employees in the states of Arizona, Colorado, Idaho, Iowa, Minnesota,
Nebraska, New Mexico, North Dakota, Oregon, South Dakota, Utah, Washington and
The agreement covers a variety of areas, including wages, pension and health
care benefits. However, throughout the course of the negotiations, the company
has focused on three primary goals:
oCompete and grow: Provide employees with pay and benefits more closely
aligned with similar jobs in their markets. This enables CenturyLink to
continue to provide good jobs while allowing the company to compete in a
highly dynamic and competitive environment.
oOperational flexibility: More closely align work rules and policies with
the need to provide greater flexibility to serve customers better. This
allows for quick and effective responses to customers and helps meet
oFairness: Mitigate pay and benefits disparities among similarly-situated
employees across the company.
The previous contracts were scheduled to expire Oct. 6, 2012, but have been
extended on a day-to-day basis while negotiations continued.
CenturyLink is the third largest telecommunications company in the United
States and is recognized as a leader in the network services market by
technology industry analyst firms. The company is a global leader in cloud
infrastructure and hosted IT solutions for enterprise customers. CenturyLink
provides data, voice and managed services in local, national and select
international markets through its high-quality advanced fiber optic network
and multiple data centers for businesses and consumers. The company also
offers advanced entertainment services under the CenturyLinkTM PrismTM TV and
DIRECTV brands. Headquartered in Monroe, La., CenturyLink is an S&P 500
company and is included among the Fortune 500 list of America's largest
corporations. For more information, visit www.centurylink.com.
SOURCE CenturyLink, Inc.
Contact: Mark Molzen, 602-716-3389, firstname.lastname@example.org; Debra
Peterson, 913-323-4881, email@example.com
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