The Nebraska Public Service Commission unanimously yesterday approved the proposed CenturyLink-Qwest transaction, leaving the telecompetitors five states and the approval of the FCC to clear all regulatory hurdles. The New Jersey Board of Public Utilities approved the merger on Dec. 16.
The companies agreed to invest a minimum of $10 million in broadband infrastructure in Nebraska over five years as part of the approval process. The combined company will have more than 200,000 access lines in the state, and 6.6 million overall, if the merger closes.
“We are pleased the PSC has voted in favor of our merger with CenturyLink,” said Rex Fisher, Qwest Nebraska president. “By combining operations, CenturyLink and Qwest are creating a larger and stronger company to provide customers in Nebraska with a more diverse mix of product offerings for a broader range of communications solutions.”
One thought on “Nebraska Approves CenturyLink-Qwest, Five More States to Go”
Did the PSC require the new company to provide broadband to their rural subscribers? Increasing the reach of broadband service should be a prerequisite for all mergers! Until they feel the heat, they will continue to ignore rural areas.