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Search Results for: Level 3

CenturyLink Moves Closing Date for $34B Level 3 Acquisition to October

CenturyLink (NYSE: CTL) has pushed back the projected closing date for its pending $34 billion acquisition of Level 3 Communications (NYSE: LVLT) through a cash-and-stock transaction from Sept. 30 to mid-to-late October. The revised timeframe for the transaction’s intended closure was based on the California administrative law judge’s recommendation for the California Public Utilities …

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Level 3 Vet Edward Morche to Serve as CenturyLink President of Strategic Enterprise, Federal and State Gov

Edward Morche, a 16-year Level 3 Communications (NYSE: LVLT) veteran, will serve as president of strategic enterprise, federal government and state government business unit at CenturyLink (NYSE: CTL) once the Monroe, Louisiana-based telecommunications firm completes its pending $34 billion acquisition of Level 3. Erich Sanchack continues to lead the federal government group. Morche will …

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Level 3’s Jeff Storey to Succeed Glen Post as CenturyLink CEO in 2019

Jeff Storey, president and CEO of Broomfield, Colorado-based Level 3 Communications (NYSE: LVLT), will serve as president, chief operating officer and board member at CenturyLink (NYSE: CTL) once the Monroe, Louisiana-based telecommunications firm completes its planned $34 billion acquisition of Level 3. Storey will succeed CenturyLink CEO Glen Post, who will …

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CNSI Government Services Org Earns CMMI Maturity Level 3 Appraisal; Adnan Ahmed Comments

TYSONS CORNER, VA, May 8, 2017 — CNSI‘s government services unit has achieved a CMMI Institute Capability Maturity Model Integration appraisal at Maturity Level 3 for its “defined” business processes, ExecutiveBiz reported Friday. The company said Thursday CUNIX Infotech performed an independent evaluation of CNSI’s standard processes and performance against the CMMI capability improvement …

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Glen Post to Lead Senior Leadership Team of Future CenturyLink-Level 3 Combined Firm

CenturyLink (NYSE: CTL) has named the executives that will form the senior leadership team of the future combined company that will result from its planned $34 billion purchase of Level 3 Communications (NYSE: LVLT). Glen Post III, CEO and president of CenturyLink, will lead the team as part of the …

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CenturyLink, Level 3 Get 4 Additional State Clearances for Planned $34B Merger

CenturyLink (NYSE: CTL) and Level 3 Communications (NYSE: LVLT) have received regulatory clearances in Maryland, Delaware, Hawaii and Washington, D.C., for the companies’ planned merger that was announced in October 2016. The approvals are in addition to the clearances the firms earlier received from the states of Connecticut, Georgia, Indiana, Louisiana, Nevada, Ohio, Texas, Utah and …

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CenturyLink, Level 3 Shareholders OK $34B Merger Deal

Shareholders at CenturyLink (NYSE: CTL) and Level 3 Communications (NYSE: LVLT) have separately approved the deal originally announced in October 2016 for CenturyLink to buy Level 3 for approximately $34 billion in a cash-and-stock transaction. Holders of approximately 81.2 percent of all outstanding shares in Level 3 voted in favor of the merger …

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Phacil Gets CMMI Maturity Level 3 Appraisal

TYSONS CORNER, VA, Sept. 1, 2016 — Phacil has received appraisal from the CMMI Institute with a level 3 Capability Maturity Model Integration rating for the company’s services and service system development, ExecutiveBiz reported Wednesday. The company said Tuesday Abridge Technology performed the CMMI Maturity Level 3 appraisal on Phacil’s work for the U.S. Forest Service‘s Resource Ordering …

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Level 3 Communications’ David Young: Govt Procurement to Evolve as Tech Changes

TYSONS CORNER, VA, January 14, 2016 — David Young, vice president of federal government sales at Level 3 Communications (NYSE: LVLT), told ExecutiveBiz in an interview published Tuesday he believes government agencies will transition to more service-level agreements and company-owned/company-operated network environments. “It is interesting to see how the government will …

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Level 3 Adds Hughes Managed Network Services on Networx Enterprise Offerings

TYSONS CORNER, VA, November 6,  2015 — Level 3 Communications (NYSE: LVLT) will include Hughes Network Systems‘ managed network services in its Networx Enterprise contract with the General Services Administration, ExecutiveBiz reported Thursday. Hughes said Wednesday the HughesON portfolio will now be available to federal agencies via the Networx Enterprise vehicle. About Executive Mosaic: Founded …

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