CenturyLink's Level 3 acquisition kills jobs at Infinera [telecom]

Have a question or want to start a discussion? Post it! No Registration Necessary.  Now with pictures!

CenturyLink's completion of its Level 3 acquisition is affecting
Infinera, which is going to reduce its workforce by 10% as capex
spending remains in limbo.

Tom Fallon, CEO of Infinera, told investors during its third-quarter
earnings call that the overall consolidation of the service provider
market, including CenturyLink acquiring Level 3, is posing near-term
challenges for the optical networking company.


Bill Horne
(Remove QRM from my email address to write to me directly)

Site Timeline