Voices

Why Frontier Will Escape the Curse of the Verizon Deal

Should Verizon Communications deals come with a warning label? In the past few years, the telecommunications company has been shedding slow-growth businesses as it focuses on its wireless and FiOS businesses. While the deals have served Verizon well, they haven’t worked out as well for those acquiring the assets–at least in three cases.

Voices

CenturyTel to Buy Embarq for $40.42 Per Share in Stock

CenturyTel (CTL) will acquire Embarq (EQ) for $11.6 billion in stock and assumption of debt. Combined, the two companies have two million broadband customers and eight million access lines. The deal should generate savings of $400 million in the first three years–notably in elimination of duplicate function, increased operational efficiency and reduced overhead. The combined entity does not yet have a name.