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CenturyTel: Only Two States to Go
5/19/09 at 8:50 PM by Telecompetitor
CenturyTel announced that California, Oregon, and Virginia have approved CenturyTel’s acquisition of Embarq. That leaves only two states left of the thirty-three total needed to approve the transaction and establish the rural super carrier. The combined company will have approximately 7.5 million access lines, more than two million broadband customers and more than 400,000 video subscribers, based on data as of March 31, 2009. CenturyTel says the closing of the deal is still on track for some point in the second quarter 2009.
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Categories: CenturyTel | Embarq | M&A | Rural
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