CenturyLink’s Level 3 acquisition faces challenges from California consumer advocacy groups
CenturyLink’s proposed acquisition of Level 3 is now facing protests from two California-based consumer advocacy groups who say the combined company will place too much control of a large portion of the state’s wholesale and retail fiber into one company. This is a small blow to CenturyLink, which has remained confident that it would not have as difficult a time getting state approvals because the telecommunication company is purchasing a company that does not serve consumers.
Level 3 is mainly focused on selling a mix of wholesale services like fiber to other carriers and selling IP-based and TDM services to business customers. These groups include a coalition of consumer advocacy groups—TURN, The Greenlining Institute and the California Public Utilities Commission’s (CPUC) office of ratepayer advocates—and the California Emerging Technology Fund (CETF).
CenturyLink’s Level 3 acquisition faces challenges from California consumer advocacy groups