rural LECs


CenturyTel, Embarq Officially Close $11.6B Merger

The CenturyTel Inc.-Embarq Corp. merger closed Wednesday morning, creating the nation’s largest rural LEC. CenturyTel said late last year it would buy its larger rival for approximately $11 billion. The official total came to $11.6 billion. For now, the two carriers will operate separate brands. They’ve already announced they’ll go by CenturyLink , but that […]

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