CenturyLink said today that it has acquired Streamroot, a provider of peer-to-peer, also known as mesh, content delivery technology. The carrier, which already uses Streamroot technology, said the acquisition should help “improve video and static content delivery within bandwidth constrained…
CenturyLink wouldn’t gain much by spinning off its consumer business, argued telecom financial analysts MoffettNathanson in a research note issued today. The cost of a CenturyLink consumer spinoff would leave the company with little in the way of financial benefits,…
A third Level 3 assets divestiture deal was revealed today, as CenturyLink announced the Department of Justice (DOJ) approved a sale of assets in Tucson, Ariz. to First Digital Telecom. As a condition of approval for the Level 3 acquisition,…
A second deal this week concerning CenturyLink divestiture of Level 3 assets was announced by the company, with news that the Department of Justice has approved the sale of certain Level 3 assets to Unite Private Networks (UPN) of Kansas…
The Department of Justice has approved the purchase of Level 3 network assets in Idaho by Boise, Idaho based Syringa Networks. The deal fulfills certain divestiture requirements imposed by the DOJ for approval of CenturyLink’s acquisition of Level 3. The…
The top priority for CenturyLink for 2018 will be integrating the operations of Level 3, said CenturyLink CFO Sunit Patel yesterday. Other CenturyLink priorities for 2018 will include making the customer experience digital and positioning the company to offer its…
Frontier and Windstream bankruptcies could be coming in the “not-too-distant” future, said MoffettNathanson financial analysts in a research note today. “The market anticipates that both these companies will go bankrupt in the not-too-distant future, judging by their sagging bond prices…
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…
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,…
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…
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…
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…
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