How CenturyLink Could Benefit from its Level 3 Acquisition [telecom]

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By Andrew Smith

CenturyLink (CTL), an American telecommunications company, completed its acquisition of Level 3 in November 2017. The acquisition could provide CenturyLink with meaningful scale in its Enterprise segment and boost its top line. Two other well-known players in this area are Verizon (VZ) and AT&T (T). CenturyLink's total operating revenue fell ~1.8% YoY (year-over-year) to revenue of $6.0 billion in 4Q17 on a pro-forma basis.