Tag Archives: CenturyLink
AT&T Approached MetroPCS, Leap, Sprint, and Dish Network To Sell Spectrum In Order To Protect T-Mobile Deal
AT&T Inc. (NYSE:T) has talked to several smaller rivals including MetroPCS Communications, Inc. (NYSE:PCS) and Leap Wireless International, Inc. (NASDAQ:LEAP) to sell spectrum and subscribers. This is in order to save AT&T’s acquisition of T-Mobile USA for $39 billion.
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CenturyLink Buys Cloud Computing Company Savvis For $2.5 Billion
High speed Internet company CenturyLink, Inc. (NYSE:CTL) has acquired cloud computing company SAVVIS, Inc. (NASDAQ:SVVS) for $2.5 billion. This acquisition deal values Savvis at $40 per share, which is an 11% premium on the company’s stock price as of yesterday. CenturyLink is the third largest telecommunications provider company in the U.S.
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Categories CenturyLink, James Ousley, Savvis Inc.
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