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CenturyLink Could Produce the Next Multibillion Dollar Tech Merger

October 28, 2016 /

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CenturyLink http://www.centurylink.com/ and Level 3 Communications are in advanced talks to merge, according to people familiar with the matter, in a deal that would create an enterprise telecommunications player worth more than $50 billion, including debt.

Make way for another multibillion dollar tech merger.

CenturyLink and Level 3 Communications are in advanced talks to merge, according to people familiar with the matter, in a deal that would create an enterprise telecommunications player worth more than $50 billion, including debt.

The deal comes as both companies’ corporate clients seek more bandwidth and faster capabilities to move data to run their businesses.

Full Story: http://fortune.com/2016/10/27/centurylink-level-3/

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