Historical valuation data is not available at this time.
Qwest Corp. NT (CTBB) is a legacy telecommunications company that was historically a significant player in the U.S. telecom sector, providing voice, data, and internet services. The company was acquired by CenturyLink (now Lumen Technologies) in 2011, and its operations were integrated into the larger entity. CTBB represents a series of trust-preferred securities (TruPS) issued by Qwest before its acquisition. These securities are now part of a trust structure, with payouts tied to the performance of the underlying debt instruments. As such, CTBB no longer operates as an independent business but exists as a financial instrument tied to the legacy obligations of Qwest.
N/A (No R&D or technological leadership, as CTBB is not an operating entity.)
CTBB is a legacy trust-preferred security tied to Qwest's historical debt obligations, not an operating company. Investment potential depends on the creditworthiness of the underlying debt and the stability of interest payments. Given its passive nature, it is primarily of interest to fixed-income investors seeking yield, but it carries risks related to the financial health of the obligor. Due diligence on the trust structure and underlying credit quality is essential before considering an investment.
SEC filings (CIK: 0000068622), Lumen Technologies investor relations, historical Qwest Corp. financial reports.