6 years ago
largest communications providers for businesses.
By Leslie Picker
To those familiar with the telecommunications industry, the deal
announced between CenturyLink and Level 3 Communications on Monday was
not really a surprise. Both companies provide communications and
services like data, voice and video transmission for large enterprises
and each is trying to scrape away market share from rivals AT&T and
The $25 billion deal would make the combined company the
second-largest provider of communications to business in the United
States, after AT&T. It brings CenturyLink an additional 200,000 route
miles of fiber and potentially big commercial customers. In 2010,
Level 3 struck a multiyear agreement with Netflix to help it stream
its video content to consumers. Level 3 would not comment on whether
Netflix was still a customer.