Level 3 Acquisition Will Completely Transform CenturyLink, Enterprise Market [telecom]

by Joan Engebretson

If CenturyLink's plan to merge with Level 3 Communications is approved, the combined carrier will get 76% of its revenue from the enterprise and wholesale market, said a Level 3 executive today.

After the CenturyLink, Level 3 merger, the combined company would be the most heavily business-focused of the nation's five largest service providers by a long shot, according to data presented by Level 3 Chief Financial Officer Sunit Patel at the Bank of America Merrill Lynch Leveraged Finance Conference, which was also webcast.

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