CenturyLink May Buy TW Telecom
Talks Ongoing For Weeks, Potential Deal Close
CenturyLink is looking to expand their business presence and is pondering an acquisition of Time Warner Telecom. According to a report on the deal in Deal Reporter
, the two companies have been in talks for several weeks and a possible acquisition deal could be looming. CenturyLink closed their massive acquisition of Qwest just last year
, after acquiring Embarq several years earlier. Insiders say that Level 3 Communications also considered buying TW Telecom, but balked at the high price tag.