Hints and tips:
...CenturyLink paid $34bn to buy rival Level 3 in 2016, while Sweden’s Telia sold its international carrier network to local pension funds for €1bn last year....
...CenturyLink, traditionally a long-distance phone company, paid $34bn for Level 3, a dotcom boom darling....
...The new communication services sector will include AT&T, Verizon and CenturyLink; consumer discretionary names like Comcast, 21st Century Fox, Netflix and Walt Disney and tech giants, like Alphabet and Facebook...
...Mr Buffett and vice-chairman Charlie Munger will take questions for five hours in the CenturyLink Center....
...In recent weeks, sentiment has soured on the heavily-indebted telco sector, particularly at Sprint, CenturyLink, and Frontier Communications....
...GTCR, Charlesbank Capital Partners, Berkshire Partners and Stonepeak Infrastructure Partners teamed up to bid on a data business unit of CenturyLink, which was eventually sold to a group led by Medica Capital...
...The move comes after the S&P 500 telcoms sector — which shrank to just three companies, including AT&T, Verizon and CenturyLink, following a wave of consolidation — had been criticised as being held hostage...
...Mr Meister’s remarks at the annual Sohn Conference in New York sent shares in CenturyLink, a telecom, up by about 3 per cent in mid-day trading....
...The losses on Thursday were paced by companies in the communication sector, with debt from CenturyLink and Frontier Communications among the 10 biggest decliners....
...S&P Dow Jones Indices and MSCI said late on Wednesday that it planned to ditch the telecommunications sector — which has been whittled down to just AT&T, Verizon Communications and CenturyLink after a wave...
...CenturyLink said on Monday it plans to close the deal by the third quarter of 2017....
...As such, Level 3 shareholders are also feeling the slide in CenturyLink shares....
...Given this record, analysts are already asking if CenturyLink’s ambitions are over....
...The telecoms sector of the index is small, including just four companies: Verizon, Level 3 Communications, AT&T and CenturyLink....
...Oct 31 CenturyLink to buy Level 3 in $34bn tie-up ———————— Elsewhere, US telecoms group CenturyLink said it would buy the larger Level 3, which provides infrastructure that allows business to connect to...
...On the same day CenturyLink said it would buy internet infrastructure rival Level 3 for $34bn including debt, and private equity group Blackstone said it would acquire TeamHealth, a US provider of physician...
...Since Google Fiber launched, Comcast, AT&T and Centurylink have all begun to offer superfast broadband speeds in certain markets, including AT&T offering its U-Verse Gigapower service in Kansas City and...
...The truly devout queue from 4am outside the CenturyLink Arena to secure seats near the front....
...Comcast is the latest provider to offer superfast speeds, alongside AT&T and Centurylink — and their efforts can be seen as a victory for Google....
...All of the major ISPs except for Verizon DSL, CenturyLink, Frontier DSL and Windstream delivered at least 90 per cent of advertised performance on average during peak periods....
...Berkshire can still find investment opportunities big enough to significantly improve earnings will be on the agenda at Saturday’s annual meeting, where some 38,000 shareholders are expected to converge on the Centurylink...
...On Saturday Warren Buffett will answer questions about his company in public, in front of an audience of 20,000(ish) people at the Omaha CenturyLink Center....
...Telecoms group CenturyLink was the worst performer on the S&P 500 despite reporting a sharp increase in profits....
...CenturyLink shares rose 2.7 per cent to $36.02 after it was upgraded to “overweight” by analysts at JPMorgan....
...Shares in telecoms group CenturyLink lost almost a quarter of their value in February when it cut its yearly payout by 26 per cent and lowered the shares’ yield to 5.8 per cent....
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