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

Accipter is Pinpoint Holdings’ Latest Distressed Telecom Assets Purchase

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The news that Nebraska-based Pinpoint Holdings had purchased Arizona-based Accipter Communications, which operates as Zona Communications, is the latest example of telecom provider consolidation, but with a twist. Pinpoint bought Zona out of bankruptcy – a strategy Pinpoint has been using successfully. You could think...Learn More

$700 Million Southern Light Purchase Raises Uniti Non-Windstream Revenues to 30%

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Uniti Group, the telecom real estate investment trust (REIT) that was spun out of Windstream Communications, said today that it plans to acquire Southern Light, operator of a fiber network serving tier two and three markets in the southeastern U.S. The Uniti Southern Light purchase...Learn More

Consolidated FairPoint Merger Gets Shareholder Approval

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The proposed Consolidated FairPoint merger moved a step closer to completion today when shareholders of both companies approved the plan. The merger achieved close to 100% approval, with 96% and 98% of FairPoint and Consolidated voting shareholders, respectively, supporting the merger. The merger still requires...Learn More

AT&T Hello Lab Moves Highlight Continued Telco Push into Content Business

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Although there are skeptics, major telecom service providers appear undaunted in their pursuit of opportunities to create content for non-traditional outlets, including over-the-top video offerings, mobile and social media. The latest move involving telcos in the content business comes from AT&T, which announced plans today...Learn More

Telecom REIT Strategy No Longer Viable?

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Any service providers that were considering an asset spinoff in the form of a telecom REIT strategy may find that avenue is now closed to them, noted Mark Wallace, chief financial officer for Uniti, the company formerly known as Communications Sales & Leasing. CS&L, now...Learn More

Welcome Uniti Group Whose First Move is to Acquire Regional Carrier Hunt Telecom

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Hunt Telecom of Louisiana will become a part of Uniti Group, the new name of the former Communications Sales & Leasing (CS&L). Uniti will pay $170 million for the regional fiber provider who specializes in the E-rate program, providing access to the K-12 vertical. Hunt...Learn More

Verizon Exec Outlines Digital Transformation Revenue Opportunities for Carriers

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Major enterprises today are embracing the concept of digital transformation in much the same way that they embraced the concept of virtualization a few years ago. The goal is to use the cloud, mobility and other advanced technologies to transform business processes to gain a...Learn More

Verizon AOL Strategy Aims to Exploit $90 Billion Advertising Market Opportunity

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A key initiative in 2017 for an evolving Verizon AOL strategy is to more tightly integrate Verizon/ AOL marketing initiatives, said Marni Walden, Verizon president of product innovation and new businesses, at a financial conference today. Moves that the carrier already has made in that...Learn More

Level 3 Acquisition Will Completely Transform CenturyLink, Enterprise Market

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If CenturyLink’s plan to merge with Level 3 Communications is approved, the combined carrier will get 76% of its revenue from the enterprise and wholesale market, said a Level 3 executive today. After the CenturyLink, Level 3 merger, the combined company would be the most...Learn More

Execs: CenturyLink Level 3 Strategy Will Continue Level 3 Low-Cost Provider Approach

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CenturyLink plans to continue with a strategy that has been a hallmark for Level 3 after the planned CenturyLink Level 3 merger is completed, said CenturyLink CFO Stewart Ewing at a financial conference yesterday. The envisioned CenturyLink Level 3 strategy will be to “compete long-term...Learn More

CS&L CFO: Dark Fiber is Great Fit for Telecom REIT Strategy

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Dark fiber is a great fit for a telecom REIT strategy, said Communications Sales & Leasing Executive Vice President, Chief Financial Officer and Treasurer Mark Wallace at a financial conference yesterday. The reason is that unlike the electronics underlying lit fiber, dark fiber assets are...Learn More

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