CenturyLink’s move to name Jeff Storey as CEO is a positive development, but it faces near-term revenue challenges in its business and consumer units.
Uniti has revamped its management structure following the completion of its acquisitions of Hunt Telecom and Southern Light.
Adva Optical Networking has reached a deal to acquire MRV Communications for $69 million.
The U.S. will require $130 billion to $150 billion in new fiber infrastructure over the next 5-7 years to support wireline and 5G wireless broadband services.
Moody’s says the class-action suits CenturyLink is facing won’t have any effect on its pending Level 3 deal or
overall credit ratings.
GTT has signed deal to acquire Global Capacity, enhancing its network reach.
CenturyLink employees represented by the CWA approve an agreement toextend their current contract by three years.
CenturyLink has become the subject of a class-action suit from a group of customers seeking up to $12 billion in damages.
AT&T and the Communications Workers of America (CWA) approved a four-year wireline labor contract in the East region.
A former CenturyLink employee sued the telco over claims that she was fired for alerting the company about fraudulent billing practices.