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Wednesday, November 02, 2016 1:11:46 PM
This article makes mention of the regulatory landscape...
Another potentially disruptive regulation is headed CenturyLink’s way later this year. The Federal Communications Commission in May floated new “business data services” rules that could cut the fees incumbent telephone companies can charge rivals by as much as 19%.
CenturyLink opposes the proposed rate changes and on Monday sent the agency a letter criticizing its transparency. “This drastic rate cut would cripple many providers’ ability to continue providing quality service, much less have money left to invest in broadband innovation for the future,” the letter said.
http://www.wsj.com/articles/centurylink-to-buy-level-3-communications-for-25-billion-1477911639
The deal should close according to plan but there is some perceived risk that is keeping this from approaching the deal price not to mention that the deal is only 26.50 cash and the rest CLT stock which could be pressured by FCC rules.
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