Pros
The large and stunningly complex inner workings leave plenty of work to be done, or you could view it another way and understand that there are plenty of ways to hide. Company's core products are protected by a veritable monopoly on the services. Pockets of great and smart people still cling on in quiet corners.
Cons
Despite years of evidence to the contrary, CenturyLink continues to lie to itself about being anything other than a stodgy old phone company. A revolving door of upper management, and their accompanying "fresh new ideas," will never come to fruition, as concepts already hobbled by poor judgment and a stunning lack of funds will be turned completely on their ear when the mission changes yet again every 8 - 12 months. A corporate culture stuck in the 20th century becomes further and further hobbled by legacy systems piled upon each other from a string of never-quite-finished mergers and acquisitions. Pure mass forgives an inability and unwillingness to innovate, and fosters a culture of apathy, where schemers prevail. Cronyism springs eternal, as you'd rightly imagine.
