Centurylink Buy Qwest | Did

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The deal, which was first announced in April 2010, was valued at approximately , including the assumption of about $11.8 billion in Qwest debt. Merger Details did centurylink buy qwest

The merger combined networks to serve customers in 37 states via a 190,000 route-mile fiber network. . The deal

The combination made CenturyLink the third-largest landline telecommunications provider in the United States, trailing only AT&T and Verizon. was valued at approximately

It was a tax-free, stock-for-stock exchange. Qwest shareholders received 0.1664 shares of CenturyLink stock for every share of Qwest they owned.