CenturyLink says that once its acquisition of Qwest Communications International is completed, the companies’ combined coverage area will be divided into six regions with a president leading each. Monroe-based CenturyLink, the country’s fifth-largest local phone company, is in the process of gaining regulatory approvals to buy Qwest, the third-largest, for $10 billion. The deal, which was announced in April, is expected to be completed in the first half of 2011 and will give the combined company about 18 million phone lines in 37 states. CenturyLink and Qwest say that, with approval granted by two state regulatory bodies in Arizona, they have obtained more than half of the approvals they need to complete the acquisition.
CenturyLink, Qwest after merger to include six regions
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