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Washington State Clears CenturyLink/Level 3

CenturyLink won Washington state approval to acquire Level 3 for $34 billion, the Washington Utilities and Transportation Commission said in Thursday news release. Commissioners unanimously signed off on an all-party settlement including conditions on network maintenance, outages, USF, interconnection agreements…

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and next-generation 911 (see 1705010039). With the conditions, the deal is “net-positive” for the state and will make CenturyLink more competitive and able to serve more people, the UTC said. “A handful of states still need to approve or clear the merger and some states require only pre-closing or post-closing notice," a CenturyLink spokeswoman emailed. "We are working diligently to finalize the remaining state, federal and international approvals in order to complete the merger by September 30.”