Qwest
NEW YORK - CenturyTel Inc., the country's fifth-largest local-phone company, plans to buy the third-largest, Qwest Communications International Inc., in a stock deal worth more than $10 billion so the companies can try to better deal with the dark future of the landline phone business.
Here is a summary of subscriber trends for selected telecommunications companies in the first quarter:
April 21: AT&T Inc.
MAKING A CONNECTION: CenturyTel Inc., the country's fifth-largest local-phone company, plans to buy No.
NEW YORK - CenturyTel Inc., the country's fifth-largest local-phone company, said Thursday that it will buy Qwest Communications International Inc., the third-largest, in a stock swap worth $10.6 billion to gain the benefits of scale in a shrinking business.
WASHINGTON - Analysts say CenturyTel Inc.'s proposed purchase of Qwest Communications International Inc.
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