As CenturyLink continues to get approvals nationwide to buy Broomfield-based Level 3 Communications, one more detail was shared Thursday: Level 3’s CEO will become the combined company’s CEO in January 2019.
Glen F. Post III will remain in his job as CenturyLink’s CEO when the acquisition is completed later this year. But come Jan. 1, 2019, Level 3 CEO Jeff Storey will take over and Post will become executive chairman of the board of directors. Until that day, Storey will serve as CenturyLink’s president and chief operating officer.
ԳٳܰⳢ. CenturyLink would gain 200,000 miles of fiber-optic networks in the deal, while Level 3 reduces operating losses by $10 billion. While CenturyLink officials said the company would maintain a large presence in Colorado, CenturyLink will remain headquartered in Monroe, La.
Since the deal was announced, several Those include Minnesota, Virginia, Delaware, the District of Columbia, Georgia, Hawaii, Maryland, Ohio, Utah and West Virginia, according to CenturyLink. Puerto Rico, Montana, Connecticut, Indiana, Louisiana, Nevada and Texas have also granted regulatory clearance to let the merger proceed.
