An Interest In:
Web News this Week
- April 21, 2024
- April 20, 2024
- April 19, 2024
- April 18, 2024
- April 17, 2024
- April 16, 2024
- April 15, 2024
Some of Our Sources
- Simplebits
- Web Designer Wall
- Pearsonified
- Abduzeedo
- FanExtra - PSD
- Noupe
- CSS Globe
- CSS Tricks
- Web Resource Source
- Dev To
Help Webnuz
Referal links:
October 31, 2016 06:00 pm
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/OmF9rdKqY08/centurylink-to-buy-level-3-for-34-billion-create-a-more-formidable-competitor-to-att
CenturyLink To Buy Level 3 For $34 Billion, Create a More Formidable Competitor To AT&T
In what is seen as a move to build a more formidable competitor to AT&T, rival CenturyLink today announced it is buying Level 3 Communications for about $34 billion in cash and stock. From a report on Bloomberg: Both companies have amassed giant networks to haul internet traffic through deals over the years. Level 3 is one of the largest providers used by internet services including Netflix and Google to route traffic across the web, operations that would bolster CenturyLink's core offerings to businesses. Level 3 was the second-biggest U.S. provider of ethernet services -- running high-bandwidth internet connections for companies -- in the first half of this year, trailing only AT&T, according to Vertical Systems Group. CenturyLink was fifth on the list.Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/OmF9rdKqY08/centurylink-to-buy-level-3-for-34-billion-create-a-more-formidable-competitor-to-att
Share this article:
Tweet
View Full Article
Slashdot
Slashdot was originally created in September of 1997 by Rob "CmdrTaco" Malda. Today it is owned by Geeknet, Inc..More About this Source Visit Slashdot