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Tag Archives: centurylink

GSA Taps 61 Firms for Potential $50B Alliant 2 IT GWAC

The General Services Administration has awarded 61 companies positions on a potential 10-year, $50 billion governmentwide acquisition contract for information technology products and services. GSA said in a FedBizOpps notice posted Friday the award is for the unrestricted portion of the Alliant 2 GWAC that has a base term of five …

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Executive Mosaic’s Weekly GovCon Round-up: Recent GovCon Mergers, Acquisitions and Restructuring

Weekly Roundup November 13 – November 17 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson In recent weeks the GovCon community has experienced significant M&A and restructuring activity. Notable transactions include: H.I.G.’s purchase of WBB for an undisclosed sum General Atomics’ purchase of a majority …

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Teradata Names Mark Culhane as CFO, Eric Tom as Chief Revenue Officer

Mark Culhane, a member of the board of directors at CallidusCloud and UserZoom, has been named chief financial officer and principal accounting officer at Teradata (NYSE: TDC) in a move that takes effect Nov. 10. He will also serve as an executive vice president and succeed Stephen Scheppmann, who will …

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CenturyLink Closes $34B Level 3 Purchase

CenturyLink (NYSE: CTL) has wrapped up its $34 billion acquisition of Level 3 Communications. The merger’s completion creates a combined entity with $24 billion in estimated pro forma annual revenue and a global network that links at least 350 metropolitan areas with over 100,000 on-net, fiber-equipped buildings, CenturyLink said Wednesday. The new …

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FCC OKs CenturyLink’s $34B Buy of Level 3

The Federal Communications Commission has cleared CenturyLink‘s (NYSE: CTL) proposed $34 billion acquisition of Level 3 Communications (NYSE: LVLT). CenturyLink said Monday the FCC approval came two weeks after the California Public Utilities Commission cleared the acquisition at its Oct. 12 meeting. John Jones, senior vice president for public policy and government …

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CenturyLink’s Erich Sanchack to Lead ‘Heart Walk’ as Chair on Nov. 4

TYSONS CORNER, VA, Oct. 23, 2017 — CenturyLink (NYSE: CTL) Senior Vice President Erich Sanchack, this year’s chairperson for the American Heart Association’s Greater Washington Region Heart Walk, has said the activity aims to engage all community members to promote a healthy lifestyle through education and awareness about health issues. ExecutiveBiz …

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CenturyLink Opens Customer Experience Center in Arlington, VA; Erich Sanchack Comments

TYSONS CORNER, VA, Oct. 18, 2017 — CenturyLink (NYSE: CTL) has established a facility in Arlington, Virginia, that would facilitate the development and demonstration of new platforms and capabilities designed to support federal digital transformation efforts, ExecutiveBiz reported Oct. 5. The Customer Experience Center serves to provide the company as well as …

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Telecom Industry Vet Diana Gowen Named MetTel Federal Program GM, SVP

Diana Gowen, a 30-year telecommunications and networking industry veteran, has joined New York-based communications firm MetTel as general manager and senior vice president of federal program. Gowen will work through the company’s Washington, D.C.-based office as she helps MetTel expand the delivery of communications platforms and services to federal agencies, MetTel …

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Justice Dept OKs CenturyLink-Level 3 Merger Deal

The Justice Department has agreed to approve the pending $34 billion acquisition of Level 3 Communications (NYSE: LVLT) by CenturyLink (NYSE: CTL), subject to court approval of certain conditions in a consent decree. CenturyLink said Monday the combined firm needs to divest 24 dark fiber strands that link 30 city-pairs across the U.S. via an …

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Executive Mosaic’s Weekly GovCon Round-up: The Landscape of M&A in GovCon

Weekly Roundup September 11 – September 15 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This week, let’s take a look at the current landscape of mergers and acquisitions in the GovCon sector. Notable M&A activity includes: CenturyLink adjusting the closing date of its …

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