CenturyTel Shareholders Change Name to CenturyLink

CenturyTel Inc., the company that bought Embarq Corp. last year and soon will own Qwest Communications International Inc. (Q), is legally changing its name to CenturyLink Inc. (CTL) The Louisiana-based ILEC has been operating under the CenturyLink brand since taking over Embarq but the change wasn’t official until Thursday. That’s when shareholders approved the new name. CenturyLink […]

Qwest Shareholders Ticked About CenturyTel Deal

Two Qwest Communications International Inc. (Q) investors are suing the company as CenturyTel Inc. prepares its $10 billion stock-swap takeover. Lorrieann Martin and Mark Respler say the deal is worth too little to Qwest stockholders; they’ve asked a judge to stop the acquisition and pay damages. Qwest is not commenting on the lawsuit. Martin and Respler […]

CenturyTel To Buy Qwest for $22.4 Billion

CenturyTel Inc., which has been on a spending spree, has landed its biggest fish to date. The company has struck a deal with Qwest Communications to buy the Denver-based telco for $10.6 billion — $22.4 billion once Qwest debt is accounted for – in an all-stock deal. Qwest is the nation’s third-largest phone company. CenturyTel is […]

Embarq Discusses Post-Merger Channel

Last fall, CenturyTel (CTL) announced it would buy Embarq (EQ) in a $5.8 billion stock swap. The merger is expected to close at the end of the second quarter, but the companies have not yet detailed their intentions for indirect channel operations. “We haven’t finalized the strategy for alternate channels for the new, combined company simply because […]

Embarq, CenturyTel Deal Is Compelling

As mergers go, the $5.8 billion, all-stock deal between CenturyTel Inc. (CTL) and Embarq Corp. (EQ) isn’t earth-shattering. It’s not likely to spark a frenzy of RLEC consolidation, analysts said, and competition won’t suffer because few, if any CLECs, target rural markets. Nonetheless, the timing of the transaction, and the details, are compelling. It comes […]

COMPTEL: CenturyTel Expands Network Reach

LightCore (Booth 608), a wholly owned subsidiary of CenturyTel Inc., has enhanced its network reach in the southeastern United States as part of the company’s integration of Madison River Telephone to the LightCore Next Generation DWDM expansion project. The company completed the acquisition of Madison River Communications Corp. in April 2007. “We have added new […]

ATLANTIC-ACM Delivers Metro Carrier Excellence Awards

Research firm ATLANTIC-ACM announced its 2007 U.S. Metro Carrier Excellence Awards at the COMPTEL PLUS Convention + Expo. The awards are based on the results of ATLANTIC-ACMs 2007 Metro Carrier Report Card, which evaluates the performance of metro carriers by their wholesale and business customers and is based on more than 3,000 individual carrier evaluations. […]

CenturyTel Upgrades LightCore Fiber Network, Adds High-Bandwidth Services

LightCore, a wholly owned subsidiary of COMPTEL sponsor CenturyTel Inc., the seventh largest local exchange carrier in the United States, announced it has upgraded its fiber backbone, which runs more than 14,700 route miles across 17 states. The new backbone, lit with ROADM technology from Fujitsus FLASHWAVE 7500, was completed at the end of August. […]

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