CenturyLink Eats Expenses on Acquisitions
In its second quarter earnings Wednesday, CenturyLink revealed incurring costs of $288 million related to its acquisitions of Embarq, Qwest Communications and Savvis.
In its second quarter earnings Wednesday, CenturyLink revealed incurring costs of $288 million related to its acquisitions of Embarq, Qwest Communications and Savvis.
Sure, agents want the best PRM platforms their vendors and master agents can offer, but members of the indirect channel agree that you mustnt forget the human side of PRM.
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 Corp. has agreed to sell its supply chain, distribution and deployment subsidiary known as EMBARQ Logistics, to KGP Telecommunications. The Minnesota-based KGP is a provider of supply chain services, telecommunication products and integrated solutions. The deal won’t be official until closing conditions and finances are finalized.
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 […]
ATLANTIC-ACM has unveiled its Business Telecom Services Excellence Award winners for 2008. The awards were presented by CEO Dr. Judy Reed Smith during a ceremony at the Yale Club of New York. The winners are: AT&T: Retail Incumbent Brand, Network, SMB Voice Value, Large Business and Enterprise Voice Value Embarq: Retail Incumbent Provisioning, Customer Service, […]
MegaPath Inc. has signed or augmented its partner agreements with Embarq Corp. (EQ), PAETEC (PAET), One Communications Corp. and XO Communications (XOHO) to supplement its existing nationwide broadband footprint and increase the connectivity options for its MPLS VPN and Internet access customers. MegaPath has enhanced its T1 footprint by augmenting its agreements with: — One Communications, […]
IPcelerate Inc. announced Tuesday it extended its IPsmartSuite VoIP-based applications to small and midsize businesses using the Cisco Systems Inc. Unified Communications Manager Express (CME). The company also announced a licensing agreement for the software application with Embarq. IPsmartSuite was rolled out in spring 2007 as an application suite for Cisco’s UC500, a system designed for small […]
The past year has been a roller coaster ride on the forbearance front. The FCC has approved some petitions that will impact competitors’ operations, while denying others that really would have ripped the roof off the CLEC space. This morning’s panel will review the prior forbearance decisions and consider the current and potential effects of […]
The FCC In early December dealt Verizon Communications Inc. a bruising forbearance blow when it denied, unanimously, the companys request for UNE deregulation in six northeastern markets. The move didnt bode well for Qwest Communications International Inc., which has a similar petition pending. The decision came a day earlier than expected, on dec. 4, after […]
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