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CenturyLink Receives DOJ Approval to Sell Level 3 Network Assets

TYSONS CORNER, VA, May 16, 2018 — CenturyLink (NYSE: CTL) has received approval from the Justice Department to sell Level 3 Communications assets in the Tucson, Ariz., area to Utah-based FirstDigital Telecom, ExecutiveBiz reported Tuesday.

The telecommunications company said Monday it will divest fiber network platforms as part of an agreement with DOJ related to its estimated $34 billion acquisition of Level 3 in November 2017.

About Executive Mosaic: Founded in 2002, Executive Mosaic is a leadership organization and media company. Executive Mosaic offers highly coveted executive events, breaking business news on the Government Contracting industry, and robust and reliable content through seven influential websites and four consequential E-newswires. Headquarters are located in Tysons Corner, VA. www.executivemosaic.com

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