Netflix Hands Out Its ISP Report Cards. Clearwire, Please Get This One Signed by Your Parents.

Time Warner Cable and Comcast appear to do just fine in Reed Hastings’s rankings.

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.

Dial *611 to Activate Your New CEO

Sprint Nextel ended its two-month search for a new chief executive today, offering Dan Hesse ousted CEO Gary Forsee’s old office. Hesse was formerly the CEO of Embarq, a local telco that Sprint spun off last year, and once ran AT&T’s mobile-phone business, so he’s certainly got the chops for the job. “His history in [...]