Applications Filed for the Transfer of Control of Level 3 Communications to CenturyLink

CenturyLink and Level 3 Communications filed a series of applications seeking approval to transfer control to CenturyLink of various licenses and authorizations held by operating subsidiaries of Level 3. Applicants filed a supplement to their application on December 19, 2016. Pursuant to this Transaction, if approved, CenturyLink will acquire control of Level 3 and indirect control of Level 3’s operating subsidiaries. Petitions to Deny the applications are due at the FCC by January 23, 2017. Opposition to those petitions are due February 7, 2017.