Hints and tips:
...- Qwest, CenturyTel in talks over $20bn merger – report. - Anglo American Q1 copper output rises 7 per cent – statement....
...CenturyLink, in the process of changing its name from CenturyTel after the $5.8bn acquisition of rural carrier Embarq, will also assume $11.8bn in Qwest net debt as part of the deal....
...Arriva, the bus and train company, recommended a £1.58bn cash offer from DeutscheBahn on Thursday, while Qwest Comunications and CenturyTel are reportedly discussing a $20bn merger....
...It will be the third largest rural carrier after Qwest and Embarq/CenturyTel and will see ebitda to net debt shrink to a manageable 2.6 times from 3.8 times....
...Frontier approached Verizon about a potential transaction after last October’s acquisition of Embarq by CenturyTel, another rural phone service provider, according to a person familiar with the negotiations...
...However, both Embarq and CenturyTel are suffering from continual declines in their core phone line businesses....
...CenturyTel itself could be ready to make further acquisitions within a year or so....
...Merger partners CenturyTel and Embarq also tightened. American Express rallied despite a 79% drop in fourth-quarter net profit after the close yesterday....
...“The recent spin-offs (Embarq and Windstream), combined with an existing list of bidders, including CenturyTel, Citizens and private equity interest, makes this an opportune time for some of the smaller...
...CenturyTel was one of the biggest gainers on the S&P 500 after it announced on Tuesday a $1bn share buyback programme to run over two years. The shares added 4.5 per cent to $36.39....
...According to people familiar with the matter, Citizens Communications of Connecticut, CenturyTel of Louisiana, and Valor Communications of Texas, are competing to acquire the business, which Alltel is hoping...
...For example, Sprint's fixed-line margins appear to be slightly lower than those of Alltel, which are comparable to those of CenturyTel....
...As an independent local carrier, Sprint's local line operations will be more than double the size of Alltel, its nearest rival, and more than three times the size of CenturyTel and Citizens....
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