CenturyLink has agreed a US$34bn deal to buy Level 3 Communications to combine the target’s global connectivity backbone with its larger enterprise customer base. Explaining the rationale for the tie-up, CenturyLink CEO Glen Post singled out Level 3’s high-speed fibre network as the key attraction, as its looks to distinguish its offering from rivals’. CenturyLink (NYSE:CTL) has agreed a US$34bn deal to buy Level […]