{"id":540360,"date":"2010-04-22T08:07:05","date_gmt":"2010-04-22T12:07:05","guid":{"rendered":"tag:contentnext.com,2010-04-22:article\/419-centurylink-to-acquire-qwest-for-10.6-billion"},"modified":"2010-04-22T08:07:05","modified_gmt":"2010-04-22T12:07:05","slug":"centurylink-to-acquire-qwest-for-10-6-billion","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/540360","title":{"rendered":"CenturyLink To Acquire Qwest For $10.6 Billion"},"content":{"rendered":"

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In a bid to create a telecommunications provider serving more than 17 million customers nationwide, CenturyLink<\/a> and Qwest Communications<\/a> announced Thursday that their boards have approved a definitive agreement under which CenturyLink would acquire Qwest in a proposed $10.6 billion stock-swap.<\/p>\n

If approved, the merger will create a much stronger No. 3 telco in the U.S., behind AT&T (NYSE: T<\/a>) and Verizon Communications.<\/p>\n

The combined CenturyLink-Qwest would have operations in 37 states, and would have had revenue of $19.8 billion last year. As of December 31, 2009, CenturyLink and Qwest together served approximately 5 million broadband customers, 17 million access lines, 1.4 million video subscribers and 850,000 wireless consumers. More on Multichannel<\/a>.\n<\/p>\n

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In a bid to create a telecommunications provider serving more than 17 million customers nationwide, CenturyLink and Qwest Communications announced Thursday that their boards have approved a definitive agreement under which CenturyLink would acquire Qwest in a proposed $10.6 billion stock-swap. If approved, the merger will create a much stronger No. 3 telco in the […]<\/p>\n","protected":false},"author":6689,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-540360","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/540360","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/6689"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=540360"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/540360\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=540360"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=540360"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=540360"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}