Overall, CenturyTel's earnings more than tripled, bolstered by CenturyTel last summer's acquisition of Embarq, while Qwest's earnings slumped 82%, weighed down by a one-time health care charge.
The CenturyTel-Qwest merger is just the latest in a string of deals as regional players try to defend themselves against wireless and cable operators, many of which offer bundled services. The two companies both reported increased demand for their broadband services, though that growth hasn't ...
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