CenturyLink Sells Level 3 Assets Per Justice Department Agreement
CenturyLink was required to divest the assets by the U.S. Justice Department.
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.
Several critics of the merger are expected to weigh in with the FCC in the coming months.
Reports are surfacing that Apple Inc. (AAPL) is in line for an antitrust probe by the Justice Department and Federal Trade Commission. The Steve Jobs-led company is coming under scrutiny for prohibiting Adobe Flash applications on its products, namely the iPhone and iPad. The New York Post on Monday broke the news that Apple now could […]
.@CatoNetworks and @symantec made the news this week. So did @ATTBusiness. goo.gl/fb/yPWRMa
February 15 2019 @ 20:08:03 UTC
How does #mobility advance your business objectives? @PanasonicUSA goo.gl/fb/x3oxTu
February 15 2019 @ 18:25:56 UTC
.@broadvoice hires new #channelmanagers for Midwest, Northeast. #UC goo.gl/fb/jXU2cY
February 15 2019 @ 17:16:24 UTC
.@MicroCorp is targeting the "exploding" Southwest partner scene. goo.gl/fb/VFWJ6k
February 15 2019 @ 14:45:26 UTC
.@CenturyLink maintains top spot on latest year-end U.S. carrier #Ethernet leaderboard. goo.gl/fb/zauo3w
February 15 2019 @ 14:45:26 UTC
.@TPxComm channel chief provides details on company going public. #UCaaS goo.gl/fb/813iYt
February 14 2019 @ 22:49:19 UTC
.@prestotech and three other partners earned "platinum elite" status with AT&T Alliance Channel. goo.gl/fb/Sm4fma
February 14 2019 @ 21:57:49 UTC
.@DataBank_Ltd hires @Rackspace exec to lead its channel. #datacenter goo.gl/fb/FVK45U
February 14 2019 @ 21:57:48 UTC
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