Edit ModuleShow Tags

Colorado’s Top 100 Public Companies 2009


Published:

Qwest Communications International is once again the state's top-ranked public company based on 2009 revenues, but it could be for the last time. The Denver-based telecommunications carrier that was founded in 1996 by billionaire Phillip Anschutz announced in April it would be acquired by Louisiana-based CenturyTel in a $10.6 billion stock swap.

The merger is subject to approval by shareholders, the Federal Communications Commission and the Department of Justice and is expected to be completed by early 2011. Assuming the combined company is headquartered in Monroe, La., where CenturyTel is based, that would leave Broomfield-based Level 3 Communications, a fiber-optic network provider that ranks No. 8 among the state's public companies, as the largest Colorado-based telecom.

Another of note is Littleton-based TW Telecom, which provides last-mile connections into cities and buildings. TW Telecom (TWTC) had revenues of $1.2 billion last year to rank No. 16 among Colorado-based public companies.

Among other notables in this year's Top 100, Englewood-based Echostar Corp., founded in 1996 by Charlie Ergen, spun off Dish Network in 2008, and the companies now operate independently and are listed separately in the Top 100 Public Companies ranking. Dish Network (DISH), a provider of satellite TV services, ranks No. 2 in this year's Top 100 with revenues of $11.7 billion last year. Echostar (SATS), a provider of satellite television equipment, ranks No. 11 with revenues of $1.9 billion last year.

Edit Module
Mike Taylor

Mike Taylor is the editor of ColoradoBiz magazine. Email him at mtaylor@cobizmag.com.

Get more of our current issue | Subscribe to the magazine | Get our Free e-newsletter

Edit ModuleShow Tags

Archive »Related Articles

Meet our Entrepreneur of 2016: Koel Thomae

Eighteen flavors and $100 million in sales later, it’s fair to say that Noosa Finest Yoghurt is still the love of Koel Thomae’s life, and more people are falling for it every day.

Negative interest rates: A risky new economic tool?

Imagine depositing funds into a bank account and having the bank charge you to hold the money. Fortunately, this hasn't happened yet, but it could.

Former SEC official joins Brownstein

Brownstein Hyatt Farber Schreck has added Thomas J. Krysa to it Denver securities litigation department. Krysa brings more than 17 years of securities enforcement and white-collar experience.
Edit ModuleShow Tags

Thanks for contributing to our community-- please keep your comments in good taste and appropriate for our business professional readers.

Add your comment: