Building on its previously announced deal to resell Verizon Wireless' (NYSE: VZ) services to its consumer and business customers, CenturyLink (NYSE: CTL) will soon allow customers to bundle wireless service into their wireline bills.
CenturyLink customers that sign up for the Verizon Wireless service right now still have to pay for it separately.
Those customers that do sign up for the wireless service will be able to get access not only to Verizon's existing CDMA-based 3G EV-DO Rev. A network, but also its growing LTE network. As part of the agreement, CenturyLink will offer customers all of Verizon's smartphones, including the Apple iPhone, Blackberry and Android-based phones.
While CenturyLink transformed itself into a major Tier 1 telco and global player by acquiring both Qwest Communications and now Savvis, one of the missing links in its portfolio is wireless. Speculation continues to mount that if AT&T's (NYSE: T) proposed acquisition of T-Mobile goes through CenturyLink will make a run at acquiring Sprint (NYSE: S).
- see the release
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