CenturyLink Asset Sale Goes Through

Created May 24, 2018
Photo of money to show CenturyLink announced has completed the sale of certain former CenturyLink Level 3 metro network assetsNews and Business

US-based wholesale provider CenturyLink announced has completed the sale of certain former CenturyLink Level 3 metro network assets in the Boise, Idaho, area to Syringa Networks, a fiber-optic network provider headquartered in Boise. As previously announced, they entered into an agreement with the Department of Justice to divest, among other assets, former Level 3 metro fiber network assets in the metro areas of Albuquerque, Boise, and Tucson, following their acquisition of Level 3. The closing of the sale of the Level 3 Boise area network assets to Syringa Networks fulfills that part of the commitment.


About the CenturyLink deal

CenturyLink will continue to serve all former Level 3 customers in Boise unless they choose to switch to Syringa Networks. In order to provide uninterrupted service to its customers in Boise, the company will purchase network connectivity and services from Syringa Networks.

The sale to Syringa does not include or affect the Boise area networks and business assets they operated prior to the Level 3 acquisition. The organization retains those assets and will continue to provide a full suite of telecommunications services to residential and business customers in Boise. The financial terms of the transaction were not disclosed. CenturyLink is the second largest U.S. communications provider to global enterprise customers, with operations in more than 60 countries.

For more information, visit www.centurylink.com

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This article was written
by Peter Dykes

Peter Dykes is a independent telecoms and technology journalist who has over that last 30 years written for a wide range of B2B publications and companies. A former BT engineer, he specialises in networks and associated support systems. He is currently Editor of Optical Connections.