Did Centurylink Buy Qwest Instant

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

Following the merger, the Qwest brand was eventually retired and replaced by CenturyLink. The Move to Lumen Technologies CenturyLink and Qwest Complete Merger - PR Newswire was valued at approximately

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 trailing only AT&T and Verizon.

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.

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