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Telco news - Qwest bought by CenturyTel


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#1 resistor X

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Posted 27 April 2010 - 07:48 PM

Article here

#2 nyphonejacks

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Posted 27 April 2010 - 09:25 PM

Article here

thanks for linking the article, i did not read that one yet... but it is about a week since this happened, where have you been... lol j/k

what confuses me is how can / does #5 afford to buy #3... isn't it supposed to be the other way around?

#3 chronomex

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Posted 29 April 2010 - 07:25 PM

what confuses me is how can / does #5 afford to buy #3... isn't it supposed to be the other way around?

Qwest has something like seventeen billion dollars of debt. They've been looking for a buyer for a while now, if I remember things correctly.

#4 tekio

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Posted 29 April 2010 - 09:21 PM

Qwest shares rose 24 cents, or 4.6 percent,

lolz




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