CenturyLink-Qwest marriage gets Arizona Corporation Commission's blessing

CenturyLink (NYSE: CTL) and Qwest (NYSE: Q) came one step closer to achieving their goal of closing their merger on April 1 as the Arizona Corporation Commission gave its approval of the deal.

Prior to approving the merger, the ACC said it conducted a "substantive review of the transaction, including agreements on wholesale matters the companies reached with several competitive carriers in Arizona and other states."

Similar to other states that have approved the merger, CenturyLink and Qwest agreed to invest $70 million to improve Arizona's broadband network infrastructure over the next five years.

With Arizona's approval, 18 states and the District of Columbia have approved the deal. Both service providers still need approvals from three other states and the FCC.  

For more:
- see the release

Related articles:
CenturyLink, Qwest merger consolidates more of the landline market
CenturyLink, Qwest: A new service provider era?
Telecom's fiber network feeding frenzy: Top mergers and acquisitions
CenturyLink's Qwest acquisition gives it even more optical power

Suggested Articles

Rogers Communications really, really wants to get its hands on Cogeco, despite being told there's no interest to sell from Cogeco.

With a one-time infusion of $80 billion from Congress, and roughly $10 billion every year, every American citizen can be connected to broadband.

DriveNets put its Network Cloud software router through its paces during performance testing with a Tier 1 European service provider.