U.S. regulators have approved the merger between Level 3 Communications and Global Crossing, the companies announced Thursday.
Level 3 and Global Crossing said the U.S. Department of Justice and Federal Communications Commission have approved the deal.
Broomfield, Colo.-based Level 3 expects to close on the acquisition as early as next week.
The $3 billion merger will create a global communications company with ownership over networks in more than 50 countries and connections to more than 70 nations, and Level 3 has said the acquisition would allow it to better serve enterprises, content providers, carriers and governments throughout North America, Latin America and Europe.
.@bcntelecom1 expands reach in Canada with @telus partnership goo.gl/fb/vyLZ6i
January 15 2019 @ 19:53:17 UTC