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Tag Archives: Level 3 Communications

CenturyLink Unveils Strategic Govt Exec Leadership Team; David Young Comments

CenturyLink (NYSE: CTL) has named eight executives to the strategic government leadership team that will work to support federal agencies, educational institutions, national and regional public consortiums and defense companies. The company said Thursday the executives will directly report to David Young, regional vice president of strategic government, and help …

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CenturyLink to Provide Collab9 Cloud-Based Comms Services to Defense Nuclear Facilities Safety Board

TYSONS CORNER, VA, Feb. 2, 2018 — CenturyLink (NYSE: CTL) will offer collab9‘s cloud-based unified communications-as-a-service technology to the Defense Nuclear Facilities Safety Board to fulfill work under a General Services Administration contract, ExecutiveBiz reported Thursday. The GSA contract is held by CenturyLink subsidiary Level 3 Communications and has a one-year base …

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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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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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Hughes Lands Subcontract for Telecom, Managed Network Services for Fed Agencies

TYSONS CORNER, VA, Oct. 19, 2017 — Hughes Network Systems will provide managed network services to federal agencies in support of Level 3 Communications‘ (NYSE: LVLT) work contracted under the General Services Administration‘s Enterprise Infrastructure Solutions vehicle, ExecutiveBiz reported Wednesday. The subcontract to Hughes covers the delivery of HughesON telecommunications products and services …

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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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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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GSA Awards $50B EIS Telecom Contract to 10 Companies

Ten companies have been awarded positions on the General Services Administration’s $50 billion Enterprise Infrastructure Services contract, replacing Networx as the government go-to for telecommunication services, according to a GSA release issued on FedBizOpps today. These companies will vie for agency attention as providers of telecom services ranging from cloud …

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