CenturyLink Completes Acquisition of Level 3

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MONROE, La., Nov. 1, 2017 /PRNewswire/ — CenturyLink, Inc. (NYSE: CTL) has completed its acquisition of Level 3 Communications, Inc. The combination of CenturyLink and Level 3 creates a leading global network services company capable of providing customers a wide range of high-quality technology solutions over a secure and reliable fiber-rich...Learn More

With FCC Approval of the CenturyLink Level 3 Merger in Hand, Deal is Set to Close Wednesday

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With FCC approval of the CenturyLink Level 3 merger announced today, the stage is set for the deal to close Wednesday, CenturyLink said today. The deal already has received all other necessary approvals, a press release states.  Earlier this month, the Department of Justice approved...Learn More

DOJ Approval of CenturyLink, Level 3 Deal Includes Relatively Few Conditions

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CenturyLink’s plan to acquire Level 3 moved closer to finalization late yesterday with the news that the Department of Justice has approved the deal. The DOJ approval of the CenturyLink, Level 3 deal comes with relatively few conditions. CenturyLink will have to divest Level 3...Learn More

CenturyLink Announces Revised Timeframe for Closing of Level 3 Acquisition

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MONROE, La., Sept. 12, 2017 /PRNewswire/ — CenturyLink, Inc. (NYSE: CTL) today announced it is updating the closing timeframe for its acquisition of Level 3 Communications, Inc. (NYSE: LVLT). Based on the proposed decision filed by the California Administrative Law Judge last Friday recognizing that...Learn More

Level 3 Cloud Connect Solutions Offer Self-Service Path to AWS

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BROOMFIELD, Colo., Aug. 23, 2017 /PRNewswire/ — As enterprises find new ways to take advantage of the scale and agility afforded by the cloud, many find they need a network experience that can match the flexibility of the virtual environments to which they are connecting. To meet...Learn More

Downplaying Data Centers, CenturyLink Cloud Strategy Views Connectivity as a Better Play

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Like some other telecom service providers, CenturyLink has shifted away from the data center business. The company also has shifted their public cloud approach, adding additional capabilities for a multi-cloud approach, noted CenturyLink executives at financial conferences this week. The CenturyLink cloud strategy is now...Learn More

J.D. Power: Business Telecom Satisfaction Highest for Largest Companies, Highlighting SMB Opportunity

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Business telecom satisfaction is highest among large companies with 500 or more employees, according to new J.D. Power research. While those companies had overall internet and telephone satisfaction levels of 815 on a 1,000-point scale, the average score for very small businesses with 19 employees...Learn More

Four additional states approve CenturyLink – Level 3 acquisition

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Monroe, Louisiana — July 10, 2017 — The states of Alaska, Colorado, New York and Pennsylvania recently approved CenturyLink, Inc.’s (NYSE: CTL) acquisition of Level 3 Communications, Inc. (NYSE: LVLT). These four states join Delaware, Georgia, Hawaii, Maryland, Minnesota, Ohio, Utah, Virginia, West Virginia and the District...Learn More

CenturyLink Fraud Accusation Sends Shares Down Sharply, Lawsuit Pending

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An accusation of wide spread CenturyLink fraud practices has both CenturyLink and merger partner Level 3 shares down sharply. A former CenturyLink employee claims she was fired for blowing the whistle on the alleged CenturyLink fraud scheme and is suing the company. According to a...Learn More

CenturyLink Announces CEO Succession Plan

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MONROE, La., June 1, 2017 /PRNewswire/ — CenturyLink, Inc. (NYSE: CTL) today announced that upon closing of the CenturyLink – Level 3 acquisition, Jeff Storey, currently president and CEO of Level 3 Communications, Inc. (NYSE: LVLT), will join CenturyLink as its president and chief operating officer....Learn More

Minnesota and Virginia Approve CenturyLink – Level 3 Merger

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MONROE, La., May 30, 2017 – These two states joined Delaware, the District of Columbia, Georgia, Hawaii, Maryland, Ohio, Utah and West Virginia in approving the merger. The merger also recently received regulatory clearance from Puerto Rico and Montana, joining Connecticut, Indiana, Louisiana, Nevada and Texas in...Learn More

CEO Announces Combined CenturyLink-Level 3 Leadership Team

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With the acquisition of Level 3 Communications progressing, CenturyLink president and CEO Glen F. Post III announced the combined CenturyLink-Level 3 leadership team that will lead the merged information and communications network services company. Clay Bailey will lead the Level 3-CenturyLink integration team and initiative...Learn More

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