Stockholders of telecommunications provider CenturyLink have approved changing the company's legal name from CenturyTel Inc. to CenturyLink ... Thursday's CenturyLink annual meeting in Monroe. The company's stock will continue …
In one of the ironies of the financial crisis, telecommunications companies CenturyTel and Embarq had to do an all-stock deal in order to insulate themselves from the volatile stock market. Associated Press It is just one curious aspect of a …
Shares of CenturyTel closed up $4.09, or about 13.4%, to $34.71 on the New York Stock Exchange. "At this juncture, for all the obvious reasons, we don't have any comment on what is possible or what is likely in terms of our future actions …
The stock price, which gives Qwest a market value of about $6.8 billion, may make it an attractive target to other companies, Larsen said. The company formed by the combination of CenturyTel and Embarq, which has branded itself …
After a few weeks of seeking a suitor, Embarq (s EQ), the landline unit spun off from Sprint in 2006, has enticed CenturyTel into paying $5.8 billion in stock and assuming $5.8 billion in debt for the nation’s fourth largest local exchange carrier.
Taking advantage of current bargain-basement stock prices, rural phone company CenturyTel today purchased another company in the same category , Sprint spin-off Embarq, for $5.8 billion. With more consumers now using wireless and …
6:34 a.m. | Updated CenturyTel said Thursday that it would acquire Qwest Communications in a $10.6 billion stock-swap that would combine the two landline and Internet service providers and count as one of biggest telecommunications …
CenturyTel will buy its US telecommunications competitor Embarq for $5.8 billion (US dollars) in a stock-by-stock transaction resulting in Embarq shareholders owning around 66 percent of the merged company once the deal is …
Alltel also is acquiring cellular licenses in Wisconsin and Iowa that cover 1.3 million potential customers. Alltel shares fell $1.84 to $54.85 while CenturyTel lost 48 cents to $33.55, both on the New York Stock Exchange.
See, it is still possible to get a deal done. CenturyTel agreed to buy Embarq in an all-stock deal valued at more than $5 billion, uniting the seventh- and fourth-largest landline telephone operators in the U.S. The deal is one of the few …