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, the US telecoms company, has delayed the regulatory filing of its annual report, citing “material weaknesses in its internal controls” related to its acquisition of Level 3 Communications in...
...The telecoms sector will cease to exist, and a communication services sector will comprise the three existing S&P 500 telecom companies — AT&T, Verizon and CenturyLink — along with consumer discretionary...
...The new communication services sector will include AT&T, Verizon and CenturyLink; consumer discretionary names such as Comcast, 21st Century Fox, Netflix and Walt Disney and tech groups, such as Alphabet...
...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...
...In recent weeks, sentiment has soured on the heavily-indebted telco sector, particularly at Sprint, CenturyLink, and Frontier Communications....
...The communications sector will encompass companies “that facilitate communications and offer related content and information through various mediums”, the announcement said....
...The losses on Thursday were paced by companies in the communication sector, with debt from CenturyLink and Frontier Communications among the 10 biggest decliners....
...Keith Meister, chief investment officer at Corvex, said on Monday that the hedge fund has taken a 5.5 per cent stake in CenturyLink amid optimism over its “truly transformative” deal to buy Level 3 Communications...
...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...
...Debts sold by Frontier Communications, CenturyLink, Community Health Systems and Sprint have dropped more than 7 cents on the dollar this month....
...and Frontier Communications weighing on the index....
...The telecoms sector of the index is small, including just four companies: Verizon, Level 3 Communications, AT&T and CenturyLink....
...CenturyLink announced a takeover of Level 3 Communications, paying $34bn including debt. Normally, a reversion to a boring industry deal should be reassuring to telco investors....
...Level 3 Communications and CenturyLink, which alongside AT&T and Verizon make up the narrow S&P 500 telecoms services index, will report earnings on Wednesday. ”The stocks were very much washed out based...
...CenturyLink on Monday unveiled plans to buy Level 3 Communications, which runs infrastructure that allows businesses connect to the internet, in a $34bn deal....
...Given this record, analysts are already asking if CenturyLink’s ambitions are over....
...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...
...General Electric is expected to tap bond investors for its merger with Baker Hughes, while CenturyLink said it would take on $7bn of new debt to fund its purchase of Level 3 Communications....
...An investigation by Slate Magazine yesterday alleged that a Trump email server was in private communication with a server belonging to Russia's Alfa-Bank....
...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....
...The Federal Communications Commission will use the findings in the report on fixed broadband service to call for improvements from chief executives of underperforming companies....
...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....
...CenturyLink shares rose 2.7 per cent to $36.02 after it was upgraded to “overweight” by analysts at JPMorgan....
...The technology behind the Virgin launch will be provided by Savvis, a US web hosting and service provider that was has been acquired by CenturyLink, the US telecoms group....
International Edition