Tuesday, November 01, 2016

CenturyLink acquiring Level 3 Communications

CenturyLink formally announced yesterday its plans to acquire Level 3 Communications. The new CenturyLink will be the #3 company in wireline revenue after AT&T and Verizon and ahead of Windstream which will then be #4. (source: Telarus linkedIn post). CenturyLink shows that the new CenturyLink will be #2 in Enterprise / SME / Wholesale Revenue after AT&T with Charter following as #3. The companies expect the merger to complete by the end of third quarter 2017. Additional details are given in the CenturyLink Press Release.