Justice Department: CenturyLink Violated Terms of Level 3 Acquisition
CenturyLink didn’t deny the allegations.
CenturyLink didn’t deny the allegations.
Sprint and T-Mobile have said the merger is necessary to compete with their bigger rivals.
CenturyLink was required to divest the assets by the U.S. Justice Department.
Tom Wheeler also noted that two additional merger conditions would bolster Internet regulations that took effect earlier this year.
Regulators don’t appear to have serious concerns with the deal, according to a report.
FCC Chairman Tom Wheeler said Comcast’s decision to drop its bid for Time Warner Cable was in consumers’ best interests.
Sprint Corp. executives faced resistance from Justice Department antitrust officials to a potential acquisition of T-Mobile, according to Bloomberg. A merger with T-Mobile would allow more aggressive competition with larger rivals Verizon Wireless and AT&T Inc.
Verizon’s sale of the licenses is contingent on regulatory approval of its acquisition of spectrum from U.S. cable companies.
The Justice Department filed a settlement agreement in federal district court, paving the way for Verizon Wireless to purchase $3.9 billion in spectrum and enter into a number of other agreements with U.S. cable companies.
Verizon Wireless has said it’s purchasing spectrum from Bright House Networks, Comcast, Cox and Time Warner Cable to meet the skyrocketing demand for mobile broadband services thanks to Americans’ insatiable appetite to be connected at all times.
The shift to #RemoteWork is part of the #DigitalTransformation and #innovation companies need to succeed, says… twitter.com/i/web/status/1…
February 25 2021 @ 21:47:33 UTC
.@AllianceofCW unveils new #diversity, equity and inclusion committee. dlvr.it/RtVR12
February 25 2021 @ 21:47:32 UTC
We sat down with new Channel Chief of @Vonage Jim Regan, who shares new partner program initiatives and goals for g… twitter.com/i/web/status/1…
February 25 2021 @ 18:55:58 UTC
#CPVirtual is going live in just 5 days! Get your pass before rates go up, and join us next week for the premier vi… twitter.com/i/web/status/1…
February 25 2021 @ 14:05:01 UTC
.@VerticalSys' latest #Ethernet leaderboard shows how #SDWAN has disrupted the industry. dlvr.it/RtQf3y
February 24 2021 @ 23:41:02 UTC
⏱️ Time is ticking to save on your pass to #CPVirtual next week...View all pass options and secure your virtual sea… twitter.com/i/web/status/1…
February 24 2021 @ 16:00:10 UTC
#Cybersecurity provider @ThreatProtector hires @Nextiva channel vet Carl Katz to lead global channel sales. dlvr.it/RtLm9T
February 24 2021 @ 01:09:32 UTC
What are customers saying about #WANEdge providers? Gartner_inc has some insights. dlvr.it/RtLh6r
February 24 2021 @ 00:31:02 UTC