Tag: CenturyLink

CenturyLink, data centres and a rather intriguing deal

CenturyLink, data centres and a rather intriguing deal

Written by on November 10, 2016 in Guest Blog with 0 Comments

As part of its $34bn acquisition by Level 3 Communications, US telco CenturyLink is offloading 57 data centers to a consortium of private equity firms for around $2.15bn. This consortium, led by BC Partners and Medina Capital, have also announced their acquisition of Brainspace, a machine-learning and analytics outfit from Texas, and plan to combine […]

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CenturyLink to buy Level 3, deal valued at $34 billion

CenturyLink to buy Level 3, deal valued at $34 billion

Written by on October 31, 2016 in News with 0 Comments

(Reuters) – Telecommunications company CenturyLink Inc said it would buy Level 3 Communications Inc in a cash-and-stock deal with an equity value of about $24 billion to expand its fiber optic network and high-speed data services for business clients. The combination will put CenturyLink in a better position to compete bigger rivals such as AT&T […]

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