CenturyLink announced that it will resell Verizon Wireless as an authorized Verizon Wireless agent. Financial terms of the agreement were not disclosed, but CenturyLink did say that it “will offer Verizon Wireless equipment and service plans to its residential and small business customers.” The move is not surprising given Qwest’s existing Verizon resale arrangement and CenturyLink’s pending acquisiton of Qwest.

In addition to traditional Verizon Wireless services, CenturyLink will be offering its customers access to Verizon Wireless’s 4G LTE network, which is now available in 38 metro areas and more than 60 airports. Verizon plans to add another 140 markets by the end of 2011. CenturyLink will also be marketing Verizon Wireless’s full line-up of devices: smartphones, feature phones and network devices, which includes tablets netbooks, mobile hotspots and USB modems.

“We believe this wireless agreement will benefit our customers by expanding the portfolio of communications products and services we offer,” said Glen Post, CenturyLink chief executive officer and president. “With this addition, customers will soon have the convenience and advantages of one-stop shopping for their broadband, entertainment, voice and wireless services.”

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