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Union rejects tentative CenturyLink deal

The Denver Post Posted:  September 30, 2013 12:01:00 AM MDT

Members of CenturyLink's largest union have rejected the tentative multiyear contract the respective bargaining teams reached in July.



Former Qwest CEO Joseph Nacchio: Tales From a White-Collar Prison Sentence
The Wall Street Journal, September 27, 2013, 4:30 p.m. ET

LIVINGSTON, N.J.—Former telecommunications company chief executive Joseph Nacchio entered prison in 2009 out of shape, depressed and anxious.



The One Telco Exec Who Resisted The NSA Has Been Released From 4+ Years In Jail

Tech Dirt.Com, September 27, 2013

If you were around during the reign of Joe Nacchio at Qwest, you already should be aware that he was not particularly well-liked. He was brash and obnoxious and often rubbed people the wrong way. There's a famous story, for example, of him calling up an executive at US West, a company that Qwest bought, which had a building directly across the street from Qwest's headquarters. Moments after the buyout closed, Nacchio got the exec on the phone and supposedly told him he had 15 minutes to change the sign on the building from US West to Qwest.



Nacchio: It's Life on Mars

Wall Street Journal Law Blog, September 27, 2013

Joseph Nacchio, the onetime high-flying telecom chief executive convicted of insider trading is out of prison. He’s shed some pounds and some hair; his post-incarceration look includes a shaved head and goatee.



Former Qwest CEO Joe Nacchio completes his prison sentence.

The Denver Post, September 21, 2013

 Former Qwest CEO Joe Nacchio was officialy relased from U.S. Bureau of Prisions oversight on Friday, roughly four years and five months after he entered a federal prison camp to serve a 70-month term for illegal insider trading



What's Next for former Qwest CEO Joe Nacchio as his prison term ends?

The Denver Post, September 9, 2013

 Joe Nacchio is scheduled to be a free man Sept. 21, four years and five months after he began serving a 70-month prison sentence for illegal insider trading.

With millions of dollars likely still in the bank and the business connections that come with it, the former Qwest CEO's road back to society should be far smoother than the path most former inmates encounter, experts say.



IBM to Move Retirees Off Health Plan

The Wall Street Journal, September 9, 2013

International Business Machines Corp. plans to move about 110,000 retirees off its company-sponsored health plan and instead give them a payment to buy coverage on a health-insurance exchange, in a sign that even big, well-capitalized employers aren’t likely to keep providing the once-common benefits as medical costs continue to rise.



State Regulators Recommend More Pricing Flexibility For CenturyLink Phone Rates

Seattle pi, August 23, 2013

Staff from the Washington Utilities and Transportation Commission is recommending CenturyLink be allowed seven more years of pricing flexibility in setting residential and business landline telephone rates...



CenturyLink to accept $54 million in Connect America Funds

Wall Street Journal, Press Release, August 20, 2013

WASHINGTON, Aug. 20, 2013 /PRNewswire/ -- CenturyLink, Inc. (NYSE: CTL) announced today that it will accept $54 million from the Federal Communications Commission's Connect America Fund (CAF) this year to bring broadband to more than 92,000 rural homes and businesses in unserved high-cost areas.

When combined with its copayment, CenturyLink will invest more than $108 million over the next three years to bring broadband speeds of 4 Mbps downstream and 1 Mbps upstream to rural households and businesses in 33 of the 37 states where it offers residential broadband service. The company's investment of its own capital will exceed the amount of CAF phase I, round 2 funding it accepts...



Ex-Qwest Head Nacchio Seeks Tax Refund as His Prison Term Ends

Bloomberg News, August 20, 2013

International Inc. chief Joseph Nacchio, finishing his insider-trading sentence in home confienment, argues that he deserves a refund of almost $18 millin for taxes on illegal stock sales.

Judge Mary Ellen Coster Williams of the U.S. Court of Federal Claims in Washington is scheduled today to hear Nacchio's lawyers argue that $44.6 million he forfeited to the government from tainted stock transactions is deductible because it was used to compensate victims of his fraud...



CenturyLink, union reach deal after almost a year of bargaining

The Denver Post, July 30, 2013

CenturyLink and its largest union announced a deal had been reached late Tuesday night, avoiding a possible strike of 11,000 workers.

Earlier in the month, it seemed possible the groups would not reach an agreement and employees in 13 mostly Western states would cease work. This could potentially disrupt phone and Internet service for millions of consumers...



Judge Dismisses Suite Over Verizon Buyout

Pension & Investments Website, June 24, 2013

A federal judge on Monday dismissed a suit by Verizon Communications Inc. management retirees contesting the company’s decision to purchase a group annuity contract from Prudential Insurance Co. of America.



Nacchio to return to million-dollar homes after September release

The Denver Post, May 19, 2013

Joe Nacchio earned more then $200 million in stock sales, salary and bonuses while serving as Qwest CEO from 1997 to 2002.    The Justice Department said in a May 2007 court filing that Nacchio transferred at least $133 million to his wife, Anne Esker, in early 2002 as his legal problems mounted.



Former top-level Qwest executives look back, look ahead

The Denver Post, May 19, 2013

Joe Nacchio's scheduled release from a halfway house in September will effectively mark the end of the legal tsunami that resulted from federal investigations of Denver-based Qwest more than a decade ago.



Washington rules phone books not necessary

The Spokesman-Review, April 19, 2013

Someday soon, small children could have trouble reaching the dining room table. Doors will blow shut with the breeze. Well-muscled men will search in vain for something to tear in half to prove their strength. Navin Johnson will not jump for joy with the delivery of a new phone book.



Association of US West Retirees to dissolve at end of 2013

Denver Post, April 17, 2013

The Association of US West Retirees, the longtime voice for thousands of former Bell system workers as they fought to maintain promised benefits amid mergers and acquisitions, is dissolving at the end of this year.



CenturyLink to sponsor Lemonade Day Louisiana in Monroe/West Monroe area

The Sacramento Bee, April 15, 2013

CenturyLink (NYSE: CTL) will be the local sponsor for the third annual Lemonade Day Louisiana on May 4 and a lemonade tasting contest on April 20. Lemonade Day Louisiana is a free, community-wide educational initiative designed to teach children how to start, own and operate their own business – a lemonade stand. It is a fun, entrepreneurial and experiential learning program for pre-K through high school students.



Former Qwest CEO Joe Nacchio Moved from prision to halfway house.

Denver Post, April 1, 2013

Former Qwest CEO and convicted felon Joe Nacchio is wrapping up more than four years in prison at a halfway house in the New York area.

scheduled for release in September, Nacchio was recently transferred from the minimum security Lewisburg prison camp in central Pennsylvania. He started his term at the Schuylkill minimum security prison camp in Minersville, PA., in April 2009 and was moved to Lewisburg two years later.


CenturyLink, union fail to reach labor deal.

sign onto day-to-day extensions of expired pact

Associated Press, October 8, 2012

CenturyLink and the union representing 13,000 workers in 13 states in the West and Midwest have failed to reach a contract agreement, but agreed to a day-to-day extension of the expired pact.


CenturyLink ready to grow

Technology-driven company plans major expansion

Greg Hilburn, Monroe News Star, July 10, 2012

CenturyLink, one of Louisiana's brightest beacons of commerce, is about to grow even bigger at the company's Monroe headquarters on U.S. 165 North.

 The company announced Tuesday it will break ground on a 225,000-square-foot headquarters expansion in early 2013.



CenturyLink gets go-ahead to begin offering TV service in Springs

The Gazette (Colorado Springs), Andrew Wineke, July 10, 2012

In a 5-2 vote Tuesday, City Council approved a cable franchise agreement for CenturyLink to begin offering television service alongside its phone and internet offerings.

CenturyLink officials said bringing in a major competitor to Comcast would lower rates for subscribers and bring new jobs and investment to the city.  CenturyLink plans to begin offering TV service in early 2013.



Company to provide $233 million in data network services via Networkz contract

CentryLink News Release, June 14, 2012

WASHINGTON, June 14, 2012 /PRNewswire/ -- CenturyLink, Inc. (NYSE: CTL) recently won a $233 million task order to provide primary managed data networking services over the next five years to the Social Security Administration (SSA) under the Networx Universal contract. The General Services Administration's Networx program is the largest telecommunications contract vehicle ever awarded by the federal government... 



As Society makes quick change, phone booths disappear

Janine Zeitlin, The (Fort Myers, Fla.) News-Press, June 10, 2012

Fort Myers, Fla. (USA TODAY) — Pay phones still exist? Operators are used to questions about their endangered nature. "If Superman calls, he asks, 'Where am I supposed to change?' " joked Thomas Keane, CEO of Pacific Telemanagement Services ...



Stephanie Comfort, former Qwest executive, to leave CentruyLink

Andy Vong, The Denver Post  May 12, 2012

Stephanie Comfort, the former top strategy officer at Denver-based Qwest, will leave her post as executive vice president of corporate strategy and development at CenturyLink on July 1, the company announced Friday...



Colorado telcom reform bill dies

Greg Avery, The Denver Post,  May 4, 2012

A state Senate committee shelved sweeping telecom reform legislation Friday, ending and attempt to overhaul Colorado's telecom rules and phase our $54 million in subsidies to phone companies...



Victims of Qwest fraud to share in forfeited $44 million 

Howard Pankratz, The Denver Post  ,May 3, 2012

The U.S. Justice Department announced today that it has returned approximately $44 million to victims of the securities fraud scheme that rocked Qwest Communications International and led to the conviction of its former chief executive Joseph P. Nacchio...



Former Qwest CEO Ed Mueller resigns from CenturyLink board as Denver footprint dwindles.

Former Qwest CEO Ed Mueller is leaving CenturyLink's Board

Denver Post, By Andy Vuong  April 4, 2012

February 25, 2012  This is an article about a man who worked for Mountain Bell in and used his skills whistling/listening at perfect pitch to ferret out problems in the phone system.  Joybubbles, 58, Peter Pan of Phone Hackers, Dies, By Douglas Martin, The New York Times , Published originally August 20, 2007

Ex-Qwest exec will pay $2.6 million to settle SEC fraud case  Ann Schrader, The Denver Post, February 4, 2012

The U.S. Securities and Exchange Commission has reached a settlement with Robert Woodruff, the former chief financial officer for Qwest Communications International. In the agreement filed Thursday, Woodruff does not admit or deny allegations that he and other Qwest employees fraudulently boosted revenues by $3 billion between 1999 and 2002. Qwest later restated much of that revenue...


SEC settles with former Qwest CFO Woodruff, dismisses claims against ex-Qwest accountant Noyes

Catherine Tsai, Associated Press, The Republic, Columbus, Indiana, February 3, 2012

 DENVER — The Securities and Exchange Commission has reached a settlement with former Qwest Communications International Inc. Chief Financial Officer Robert Woodruff over its civil fraud lawsuit.


Nacchio seeks $18 Million Refund for Taxes on Illegal Trades

Tom Schoenberg, Bloomberg January 11, 2012

Joseph Nacchio, the former Qwest Communications International Inc. (Q) chairman convicted of insider trading, sued the U.S. seeking a refund of almost $18 million in taxes he paid on gains from illegal stock sales...


CenturyLink will let union review books after retirees bemoan skyrocketing health premiums

 Andy Vuong, The Denver Post, December 2, 2011

CenturyLink has agreed to open its books to the Communications Workers of America, which sought access to the financial records last month after the company blindsided some retirees with health care premium hikes of up to three times for 2012...


Colorado Program Paying CenturyLink Millions to Serve "Rural" Areas Andy Vuong, The Denver Post, October 09, 2011

A ratepayer-funded program established two decades ago to ensure affordable phone service for Colorado residents still considers about 30 percent of CenturyLink's roughly 1.4 million land-line subscribers in the state to be rural and overly expensive to serve, including those in parts of Aurora, Parker and Fort Collins.


Cox tops CenturyLink in Residential Telephone Survey Patrick O'Grady The Phoenix Business Journal October 7, 2011 Atlanta-based Cox, which is the largest cable provider in the state, scored 669 points out of 1,000 to secure the top honor. Monroe, LA-based CenturyLink (NYSE:CTL) had a score of 639.

CenturyLink commits to HQ expansion in Louisiana By Andy Vuong The Denver Post June 28, 2011 CenturyLink announced today a commitment to remain headquartered in Monroe, La., and plans to add 800 new jobs in the state by 2016

Qwest Field renamed CenturyLink Field. Home of Seahawks, Sounders FC will be known as CenturyLink Field Seattle Times By Bob Condotta June 20, 2011 The era of corporate sponsorships of stadiums means it's no longer just player rosters that fans are trying to keep straight

Former Qwest execs likely set for trial The Denver Post June 8, 2011 A judge says federal regulators' civil complaint against a former chief financial officer and a former accountant for Qwest likely will head to trial in January or February

State PUC member quitting to take telecommunications job Rapid City Journal David Montgomery, Journal staff Monday, June 6, 2011 Public Utilities Commission vice chairman Steve Kolbeck, back center, listens to questions from the crowd during a community discussion concerning the Black Hills Power rate increase at Dunn Bros Coffee on Friday, April 23, 2010

UnitedHealth Group names several top legal executives StarTribune By Jack Crosby May 31, 2011 UnitedHealth Group Inc. is making several high-level moves to shore up its legal team as it continues to expand its fast-growing health services and insurance operations

OPINION: The Mobile Merger Domino Effect By Jeff Kagan E-Commerce Times May 26, 2011 If it happens at all, AT&T's purchase of T-Mobile won't happen in a vacuum

Colorado Supreme Court upholds $18 million judgment against Qwest The Denver Post By Howard Pankratz May 25, 2011 A Denver jury properly awarded $18 million in punitive damages to Xcel transmission lineman Andrew Blood, who sued Qwest after he was paralyzed when a Qwest telephone pole he was on broke from internal rot, the Colorado Supreme Court ruled Monday

UnitedHealth Group names several top legal executives StarTribune By Jack Crosby May 31, 2011 UnitedHealth Group Inc. is making several high-level moves to shore up its legal team as it continues to expand its fast-growing health services and insurance operations 

CenturyLink's Post debunks Sprint acquisition rumors By Sean Buckley May 20, 2011 Glen Post, CenturyLink's (NYSE: CTL) CEO and Chairman, believes that with its recent acquisition of Qwest and now its pending deal to buy Savvis it will have the right tools to be a major competitive national and international force.

CenturyLink stands tall. Monroe-based company in the big leagues The By Greg Hilburn May 18, 2011 CenturyLink Chief Executive Glen Post told shareholders Wednesday the company's two most recent monster acquisitions and a third one pending give the Monroe company the breadth and depth to compete with anyone in the telecommunications industry.

CenturyLink updates on acquisition integration, IPTV thoughts Connected Planet By Dan O'Shea May 6, 2010 In its first quarterly earnings report since closing the Qwest Communications merger last month, CenturyLink noted progress in its efforts to integrate both the Qwest operations and Embarq business it acquired more than two and a half years ago, while setting goals for absorbing its latest acquisition, Savvis.

CenturyLink expands IPTV in Florida  New launch builds on nascent Prism TV offering as telco continues to consider TV plans for Qwest region Connected Planet By Dan O’Shea May 16, 2011 Large independent telco CenturyLink is already following through on a recently stated commitment to expand IPTV in its legacy local service markets, announcing that its Prism TV service is launching in the Tallahassee area and Northern Florida.

Sprint’s Most Likely Buyer May Be CenturyLink Bloomberg By Amy Thomson May 16, 2011 Sprint Nextel Corp. (S)’s Dan Hesse told Congress last week the third-largest U.S. wireless operator may end up being acquired if AT&T Inc. (T) purchases T-Mobile USA Inc

CenturyLink weighs more expansion of Prism TV service By Andy Vuong The Denver Post May 6, 2011 CenturyLink chief executive Glen Post indicated during a first-quarter earnings call Thursday that the next market to receive CenturyLink's IPTV service will probably be in Qwest's local-phone service territory.

No CenturyLink IPTV for Qwest Customers...Yet Prism Service Will Pass 1 Million Homes, Just not Qwest Homes Broadband by Karl Bode May 5, 2010 Despite pioneering in the IPTV field, latter day Qwest wasn't much on the idea of getting into the TV business, repeatedly insisting they supported the idea of an "over the top" solution

CenturyLink Set to Acquire Savvis for $2.5 Billion The New York Times By DEALBOOK Edited by Andrew Ross Sorkin April 27, 2011 CenturyLink, the nation’s third largest telecommunications company, announced on Wednesday that it would buy the information technology firm Savvis for $2.5 billion, in a play on so-called cloud computing

Rewriting telecom laws on Colorado lawmakers' radar By Andy Vuong The Denver Post April 26, 2011 Colorado legislators are attempting to modernize the state's telecommunications laws, introducing a measure Monday that lays the groundwork for the elimination of rate regulation over basic phone service

CenturyLink unveiling plans to rename Qwest By Andy Vuong The Denver PostApril 20, 2011 CenturyLink has tossed the first pitch in the rebranding of the Qwest name

With CenturyLink-Qwest merger done, No. 3 telco targets AT&T and Verizon Jessica Scarpati, News Writer April 13, 2011 Although we've only scratched the surface on 2011, it's already been a busy mergers and acquisitions (M&A) season for telecom

Nacchio rips duo in 'legal briefs' suit New York Post By PAUL THARP March 24, 2011 Jailed broadband boss Joseph Nacchio is suing his defense lawyers for bungling his insider-trading case while running up a $25 million legal tab for pricey meals, hotel-room movies -- and even underwear

The Redemption of Afshin Mohebbi By Attorney Paul Grand FORBES, STREET TALK By Robert Lenzner April 4, 2011 Afshin Mohebbi, formerly  President and Chief Operating Officer of  Qwest Communications in the wake of its $65 billion acquisition of telephone giant USWEST, never sold a single  share of stock in Qwest despite the much ballyhooed promotion of the national broadband network

CenturyLink's unassuming CEO in spotlight after Qwest deal By Andy Vuong The Denver Post April 3, 2011 Glen Post CenturyLink (Handout | NA) Just over a decade ago, then-CenturyTel vice president of operations planning Ken Sprain presented chief executive Glen Post with what he thought would be an "uncomfortable" request.

What's next for Stanoch after court, Qwest? By Neal St. Anthony Star Tribune April 2, 2011 John Stanoch, president of Qwest Communications for Minnesota and North Dakota, expects to stay on for a couple of months after Louisiana-based CenturyLink's $10.6 billion acquisition this month of what was once Northwestern Bell.


Qwest's merger to bring changes by Megan Neighbor The Arizona Republic April 1, 2011 CenturyLink's merger with Denver-based Qwest Communications, scheduled to be completed today, will bring a host of changes to customers in Arizona

Judge dismisses SEC's $3 billion fraud suit against former Qwest president, accountant By Andy Vuong The Denver Post March 31, 2011 A federal judge today dismissed a civil fraud lawsuit against former Qwest president Afshin Mohebbi and former accountant James Kozlowski, but kept intact the case against former chief financial officer Robert Woodruff

Questions and answers on Qwest-CenturyLink deal Minneapolis / St. Paul Business Journal by Greg Avery and Mark Harden March 31, 2011 Here are some key questions and answers about CenturyLink Inc.'s purchase of Denver's Qwest Communications International Inc., which should close on Friday

Qwest to be Defense Dept.'s IPS provider Denver Post Denver Post Staff March 31, 2011 Qwest Communications International will receive more than $100 million over the next six years as the sole Internet Protocol Services provider for the U.S. Department of Defense

CenturyLink's vow: ‘Business as usual' By Ross Boettcher WORLD-HERALD STAFF WRITER Published Sunday March 27, 2011 Headquartered in Monroe, La., a city of about 50,000 in the northeast quadrant of the Bayou State

For 80 years, Qwest buyer CenturyLink has been growing into national giant Denver Business Journal by Mark Harden March 27, 2011 CenturyLink - The company buying Denver's Qwest - Has its roots as a depression-era Louisiana phone company with 75 customers

It's our quest to keep it Qwest The News Tribune John McGrath; Staff Writer March 25, 2011 What a rare mood I'm in: Waxing nostalgic over the gimmicky misspelled name of a corporation that is merging with the gimmicky piggybacked name of another corporation

Qwest CEO Ed Mueller's pay rose 11% in 2010 By Andy Vuong The Denver Post March 26, 2011 Qwest said CEO Ed Mueller earned his nearly $13.5 million in compensation last year by achieving "a $6 billion increase in our market capitalization" and "exceeding or meeting certain budgeted financial targets."

Qwest fading away into the future Forget 'plain old' telephone lines - data is the plan as Louisiana's CenturyLink takes over in Minnesota Pioneer Press By Leslie Brooks Suzukamo March 25, 2011 Minnesota, prepare to say goodbye to Qwest and "the phone company" next week

New name for Qwest Center Omaha World-Herald By Ross Boettcher, World-Herald Staff Writer March 24, 2011 The Qwest Center Omaha has had a nice run. But change is coming

Qwest-CenturyLink merger receives final approval By Andy Vuong The Denver Post March 25, 2011 Oregon regulators on Thursday approved CenturyLink's pending acquisition of Denver-based Qwest, the final approval needed to complete the telecommunications merger, the companies said

CenturyLink Field? Merger could mean name change for Qwest Seahawks' home field, Qwest, could become CenturyLink after just-approved merger The Seattle Times By Danny O'Neil, Seattle Times staff reporter March 24, 2011 A national telecommunications merger might have local implications for the Seahawks' stadium

Former Qwest CEO Joe Nacchio sues his attorneys By Steve Raabe The Denver Post March 24, 2011 Joe Nacchio is claiming his lawyers were negligent and billed him for their underwear

Ex-Qwest Chief Nacchio Says Lawyers Billed Him for Underwear By David Voreacos March 23, 2011 Joseph Nacchio, the former Qwest Communications International Inc. (Q) chief executive officer convicted of insider trading, sued his defense lawyers, claiming they were negligent and “grossly overbilled him” for costs including underwear

Lawsuit by ex-Qwest CEO accuses attorneys of malpractice and billing him for their underwear By Associated Press March 23, 2011 TRENTON, N.J. — The former chief executive officer of Qwest Communications on Wednesday sued the lawyers who represented him in his insider-trading case, claiming they “grossly overbilled” him and sought payment for staff breakfasts, underwear and in-room movies

An interview with Scott Russell, CenturyLink's Denver-area general manager By Andy Vuong The Denver Post March 21, 2011 The combined Qwest and CenturyLink — a merger that's expected to close April 1 — will feature a locally focused operating model

FCC approves CenturyLink buying Qwest, with conditions; final approval means deal set to close By Associated Press March 18, 2011 NEW YORK  Federal regulators on Friday approved CenturyLink Inc.’s acquisition of Qwest Communications International Inc.

CenturyLink expanding airport hangar The News Star By Greg Hilburn March 17, 2011 CenturyLink plans to build a $2 million addition to its Monroe Regional Airport hangar to accommodate the growing company’s fleet of five jets

Washington state clears CenturyLink, Qwest merger The Associated Press March 15, 2011 Washington state regulators have approved CenturyLink Inc.'s proposed purchase of Qwest Communications International Inc. in a stock deal that will combine two of the nation's largest telephone companies

State regulators OK Qwest merger. Washington state utility regulators Monday approved the merger of the state’s largest phone provider, Qwest Communications, into Louisiana-based CenturyLink Inc. John Gillie; Staff Writer The News Tribune March 15, 2011 Washington state utility regulators Monday approved the merger of the state’s largest phone provider, Qwest Communications, into Louisiana-based CenturyLink Inc.

Qwest ordered to set aside $30 million for potential refunds By Andy Vuong The Denver Post March 11, 2011 A district judge Thursday ordered Qwest to set aside $30 million to cover potential refunds for up to 1 million Colorado customers as part of a 2009 rate hike that was overturned this year

CenturyLink sees Qwest merger as path to facilitate business, broadband growth Fierce Telecom By Sean Buckley March 3, 2011 CenturyLink (NYSE: CTL) knows that if it's going to stay competitive, it needs to break out of the old telecom regulated mentality

Acquisition of Qwest gets Minnesota regulator OK Minnesota's Public Utilities Commission endorses Qwest's $10.6 billion acquisition by CenturyLink after months of discussion By Steve Alexander Star Tribune March 3, 2011 Minnesota regulators on Thursday gave final approval to the $10.6 billion acquisition of 14-state telephone company Qwest by Louisiana-based CenturyLink

Minnesota regulators approve Qwest-CenturyLink merger By Andy Vuong
The Denver Post
March 3, 2011 The Minnesota Public Utilities Commission today approved the pending merger between Denver-based Qwest and CenturyLink, the companies said

Arizona OKs Century Link, Qwest merger The Denver Post March 2, 2011 Arizona regulators on Tuesday approved the pending merger between Denver- based Qwest and Century Link, reducing to three the number of states that still need to sign off on the deal

Judge approves settlement over merger lawsuits, Qwest says By Andy Vuong The Denver Post February 26, 2011 A federal judge in Denver has approved a class-action settlement that will dismiss shareholder lawsuits filed against Qwest and proposed merger partner CenturyLink, a Qwest spokeswoman said Friday

Qwest posts quarterly loss, merger to close April 1 By Andy Vuong The Denver Post February 15, 2011 Denver-based Qwest today reported a net loss for the fourth quarter as revenue dropped 3 percent

CenturyLink Inks Verizon Deal Companies announce agreement after former reports earnings Reuters February 15, 2011 CenturyLink and Verizon Wireless said today they have formed an agreement under which CenturyLink will offer Verizon Wireless equipment and service plans to its residential and small business customers

Court approves Nacchio's request to drop appeal By Andy Vuong The Denver Post February 14, 2011 A federal appeals court in Denver today approved a request by Joe Nacchio to withdraw his appeal of his sentence, ending the imprisoned former Qwest chief executive's more than five-year legal battle with the Justice Department

Nacchio withdraws final appeal By Andy Vuong The Denver Post February 11, 2011 Former Qwest chief executive Joe Nacchio, serving five years and 10 months in prison for insider trading, filed today to withdraw his final appeal.

In surprise move, PUC delays decision on Qwest deal Star Tribune By Steve Alexander February 10, 2011 Regulators had been expected to approve CenturyLink's $10.6 billion acquisition of Qwest.

Former Qwest CEO Agrees to $44 Million Settlement Accounting Today By Michael Cohn January 25, 2011 The Securities and Exchange Commission said the U.S. District Court for the District of Colorado has entered a final judgment against former Qwest Communications CEO Joseph P. Nacchio for financial fraud

SEC-Nacchio settlement wins judge's approval By The Associated Press January 22, 2011 A federal judge has approved a settlement of a civil lawsuit filed by the Securities and Exchange Commission against former Qwest chief executive Joseph Nacchio


Qwest executive in line for key post after merger OMAHA WORLD-HERALD By Ross Boettcher, World-Herald Staff Writer Tuesday, January 18, 2011 Danny Pate, an executive in Qwest Communications’ consumer markets group in Denver, is expected to lead the company’s operations in Nebraska when Qwest’s merger with CenturyLink of Monroe, La., is completed this year

PUC note clarifies condition on charity. The written order states that the corporate-giving mandate refers to nonprofit donations The Denver Post By Andy Vuong January 05, 2011 Colorado regulators issued a written order late Monday approving the proposed merger between Denver- based Qwest and CenturyLink, providing some detail on a disputed philanthropy provision

More on state plan for Qwest-CenturyLink merger Seattle Times By Brier Dudley January 3, 2011 State residents are apparently nonplussed about how the Qwest-CenturyLink merger is going down

Qwest deal wins Nebraska's OK. The merger between Denver-based Qwest Communications and CenturyLink of Monroe, La., got the thumbs up from Nebraska regulators Tuesday Omaha World-Herald By Ross Boettcher January 5, 2011 The Nebraska Public Service Commission conducted a “substantive review” of the transaction, Century Link said, including items that would impact smaller competitive carriers that subscribe to Qwest's Nebraska network

Proposal signed on conditions for Qwest, CenturyLink merger Seattle Pi Boomer Consumers Reader Blogs Qwest and CenturyLink have agreed to invest a minimum of $80 million in broadband infrastructure in Washington state over the next five years

Qwest's move gives top execs millions in tax breaks By Andy Vuong The Denver Post December 28, 2010 Four days before Christmas, Qwest gift-wrapped millions of dollars in tax breaks for top executives in a move that included a special waiver from the company's board of directors to avoid a shareholder vote

Will it be lights out for Qwest's blue sign? By Patricia Calhoun December 20, 2010 For years, the blue light of the Qwest sign has dominated the downtown Denver skyline, even as its been joined by other light shows -- the spire on the Four Seasons, the logo atop the Xcel building

Colorado regulators OK Qwest merger By Andy Vuong The Denver Post December 15, 2010 Colorado regulators today approved the proposed merger between telephone and broadband service providers Qwest and CenturyLink

Montana panel OKs Qwest merger The Denver Post December 15, 2010 The Montana Public Service Commission unanimously approved the pending merger between Qwest and CenturyLink Inc. on Tuesday

Building a part of Qwest sale. La.-based CenturyLink to control Downtown site, Qwest exec says By Dennis Darrow The Pueblo Chieftain December 11, 2010  Any change in the future use of the Qwest building in Downtown won't become known until after the company's sale to CenturyLink goes through, according to Qwest's state division president

CenturyLink sends content over dedicated network. New video eyed By Andy Vuong The Denver Post December 10, 2010 The new Qwest will have a video strategy that goes beyond reselling satellite-TV service

Qwest revisits video franchising with lawmakers By Andy Vuong The Denver Post December 9, 2010 Qwest is in discussions with Colorado lawmakers about a proposal that would ease some of the burdens tied to launching a new video service to compete against cable television, an effort that failed three years ago

CenturyLink to shift regional headquarters from La Crosse La Crosse Tribune By STEVE CAHALAN December 1, 2010 5:00 pm La Crosse will no longer be a regional headquarters for CenturyLink Inc. under organizational changes that take effect when its acqusition of Qwest is completed in the first half of 2011

CenturyLink Announces Regional Operating Structure. Regions, executive assignments to become effective upon CenturyLink and Qwest merger completion in 2011 PRNewswire November 30, 2010 MONROE, La., Nov. 30, 2010 /PRNewswire-FirstCall CenturyLink, Inc. CTL announces the regional structure that will become effective when the company's merger with Qwest clears all state and federal regulatory approval processes and upon the legal closing of the transaction

Merged firm plans key headquarters in Phoenix CenturyLink, Qwest deal to add broadband service by Megan Neighbor The Arizona Republic
December 1, 2010
Louisiana-based CenturyLink announced Tuesday that Phoenix will serve as one of its six regional headquarters after the $10 billion merger of CenturyLink and Arizona's largest phone provider, Qwest Communications, is final

Tentative approval for merger by Qwest Two firms would invest $70M in Ariz. broadband infrastructure Arizona Daily Star November 30, 2010 Arizona regulators have reached a tentative agreement on a proposed $10 billion merger of Qwest Communications by Louisiana-based CenturyLink Inc

After Qwest merger, Seattle to become regional headquarters Puget Sound Business Journal November 30, 2010 After CenturyLink Inc. completes its acquisition of Qwest Communications International Inc., Seattle will become a regional headquarters for the combined company

Qwest: Decision by state-level chiefs to exit is voluntary Denver Business Journal by Greg Avery November 12, 2010 The decision by Qwest Communications International Inc.’s top Colorado executive to leave the company after its merger with CenturyLink was a voluntary one, as were those of the other state-level executives planning to leave, Qwest said Friday

Sprint waiting for Euteneuer to finish with Qwest merger By Joann S. Lublin and Shayndi Raice, Dow Jones Newswires The Denver Post November 12, 2010 Sprint Nextel's appointment of a new finance chief is being delayed while the company's top choice for the job, Qwest's Joseph Euteneuer, waits to see through Qwest's merger with CenturyLink

Stanoch to leave Qwest after merger Minneapolis / St. Paul Business Journal by Katharine Grayson November 12, 2010 John Stanoch, who has led Qwest International Communications Inc.’s Minnesota operations for a decade, will leave the company following its merger with CenturyLink

Fisher to leave Qwest helm By Ross Boettcher and Paul Goodsell WORLD-HERALD STAFF WRITERS November 12, 2010 Rex Fisher, the top Nebraska official for Qwest Communications Inc., will leave the company when its merger with CenturyLink is completed next year

Changes in store for CenturyLink, Qwest executive team Denver Business Journal by Greg Avery November 11, 2010 Qwest’s 11 state-level executive positions will be eliminated in the merger with CenturyLink, putting seven of the presidents out of work — including Chuck Ward, Qwest's Colorado president

Qwest's state president to depart after merger By Andy Vuong The Denver Post November 11, 2010 Qwest's Colorado president, Chuck Ward, will leave the Denver company after its merger with CenturyLink closes next year, a spokeswoman said Wednesday

Consumer Counsel agrees to settlement on Qwest-Century Link merger By Mike Dennison, Gazette State Bureau The Billings Gazette Wednesday, November 10, 2010 HELENA — Qwest and CenturyLink, the two largest land-line telephone companies operating in Montana, have agreed to merger conditions endorsed by the Montana Consumer Counsel, likely paving the way for state regulatory approval of the companies' proposed merger

Qwest settles with merger opponent. The settlement removes a major roadblock to a $10.6 billion acquisition Minneapolis St. Paul Star Tribune By Steve Alexander, Star Tribune November 8, 2010 Qwest, Minnesota's largest telephone company, got a step closer to being acquired Monday when it announced a settlement with Integra Telecom, one of the biggest opponents of the $10.6 billion deal

Qwest, CenturyLink Navigate Landline Loss in 3.QMerger partners Qwest and CenturyLink deal with loss of phone lines in 3rd quarter The Associated Press By Peter Svensson AP Technology Writer November 3, 2010 Qwest Communications International Inc. and the company that's buying it, CenturyLink Inc., on Wednesday posted results for the third quarter that showed them successfully navigating the decline of their local-phone businesses

Funeral for a Friend Kevin Van Aelst for The New York Times By Virginia Heffernan The New York Times October 29, 2010 I started to distrust telephones the instant they stopped working. I can’t pinpoint when that was — the first time I “dropped” a call, or someone said, “I’m losing you”

Key unions agree to back Qwest-CenturyLink merger Minneapolis / St. Paul Business Journal By Greg Avery October 25, 2010 Two unions have agreed to support the Qwest-CenturyLink merger in exchange for pledges to preserve union membership levels and address other employment issues raised by the deal

Qwest deal raises specter of change Critics fear companies' guarantees don't go far enough to protect interests By Steve Alexander Star Tribune October 17, 2010 Decades ago, when Northwestern Bell was the telephone company in Minnesota, no one worried too much about how phone service might change. Ma Bell, aka AT&T, would take care of that

State PSC commissioner upset over executive pay By Mike Dennison Independent Record, Wednesday, October 13, 2010 Public Service Commissioner Ken Toole, D-Helena, this week blasted the multimillion-dollar rewards Qwest executives will receive for a company buyout, saying it’s an outrageous use of company funds


Merger might not boost phone rates in Franklin County area By Marcus Rauhut, Staff writer Chambersburg Public Opinion Wednesday, October 6, 2010 Local CenturyLink customers should not see an initial rate increase if a merger with Qwest Communications is approved

Lawmakers tell FCC that CenturyLink-Qwest merger will benefit rural America Hillicon Valley, The HILL’S Technology Blog By Sara Jerome October 06, 2010 A bipartisan group of 21 House members wrote the Federal Communications Commission on Friday hailing the potential benefits of the merger between CenturyLink and Qwest Communications

Qwest, CenturyLink to spend $50M for state broadband Advocates, competitors criticize deal By Leslie Brooks Suzukamo TwinCities.Com Monday, October 4, 2010 To win approval for Century-Link's $10.5 billion takeover of Qwest Communications International, the two companies have agreed with state regulators to spend $50 million over five years to expand broadband infrastructure in Minnesota

Telecoms Fight Dividend Tax Change By Shayndi Raic The Wall Street Journal September 08, 2010 U.S. telecom companies are stepping up efforts to fight the expiration of Bush-era tax breaks on dividends, amid concerns the change will send the value of their stock tumbling and hurt their ability to raise capital

SEC settlement comes at "low cost" to Nacchio By Andy Vuong The Denver Post Posted: 09/08/2010 01:00:00 AM MDT Updated: 09/08/2010 02:12:25 AM MDT In March 2005, regulators filed a sweeping lawsuit against former Qwest chief executive Joe Nacchio and several other former executives, accusing them of engaging in a "massive financial fraud" and seeking as much as $300 million in ill- gotten gains

Nacchio settles with SEC, faces no extra fine Denver Business Journal September 4, 2010 Convicted former Qwest CEO Joe Nacchio, serving a nearly six-year prison term for insider trading at the Denver telecom, has reached a settlement agreement with the U.S. Securities and Exchange Commission over a related civil lawsuit against him, subject to a judge's approval

Qwest, CenturyLink shareholders OK merger Denver Business Journal by Greg Avery August 24, 2010 Qwest and CenturyLink shareholders, voting separately Tuesday, overwhelmingly approved merging the companies and creating the nation’s third-largest land line telecom

Nacchio granted appeal extension The Denver Post August 20, 2010 Imprisoned former Qwest chief executive Joe Nacchio has been granted a 30-day extension to file documents outlining the appeal of his sentence for criminal insider trading

Officials pursue Monroe-to-Denver air service By Stephen Largen Monroe News Star August 17, 2010 Monroe Regional Airport could have direct commercial flights to and from Denver if the Monroe Chamber of Commerce gets its wish

More companies checking out dependents on health insurance plans. Dependent scrutiny By Greg Griffin The Denver Post A new kind of audit is becoming standard procedure in many workplaces


Slowdown in broadband growth challenges Qwest, Comcast By Andy Vuong The Denver Post August 5, 2010 Struggling for years with land-line losses, traditional phone operators now face a new challenge: slower broadband growth


Merger has Qwest's rivals worried. Qwest's local competitors rely on its network, and they want regulators to ensure that acquirer CenturyLink can manage it. Star Tribune By Steve Alexander, August 2, 2010 There's always been an uneasy relationship between Minnesota telephone giant Qwest Communications and its smaller competitors


Qwest buyer CenturyLink switches from Dish Network to DirecTV Denver Business Journal August 2, 2010 CenturyLink, the company buying Qwest, has dropped Dish Network as the satellite TV service it sells in its voice, video and Internet bundles


Qwest's Heavy Duty Internet ties the broadband dots together By Sean Buckley Fierce Telecom July 26, 2010 Qwest (NYSE: Q) may have already launched Fiber to the Node (FTTN)-based service with 40 Mbps top capabilities last summer, but it realized that it needs to augment service speed with a host of additional value-added features

Heavy Duty’ Internet connections Phoenix Business Journal July 22, 2010 Qwest Communications International Inc. launched a new version of its Internet service Thursday dubbed “Heavy Duty” that ties together its online services with new features

Nacchio seeks venue change for civil trial Denver Post Business – Brief July 23, 2010 Former Qwest chief executive Joe Nacchio is asking if a trial on a civil complaint filed by the Securities and Exchange Commission can be held in Kansas instead of Denver

Nacchio seeks oral arguments before appeals court Associated Press July 20, 2010 DENVER Former Qwest CEO Joseph Nacchio is requesting an oral hearing before a federal appeals court, as he continues challenging his sentence on insider trading convictions

Windfall for Qwest top execs By Andy Vuong The Denver Post July 18, 2010 Seven top executives at Qwest stand to reap more than $110 million in cash and stock from the Denver-based company's proposed merger with CenturyLink, according to a new regulatory filing

Qwest-CenturyLink deal gets antitrust OK The Denver Business Journal By Greg Avery July 16, 2010 Federal anti-trust regulators have approved the acquisition of Qwest by CenturyLink

Ex-Qwest Chief Nacchio Appeals Prison Sentence Ruling San Francisco Chronicle By Michael Hytha and Joe Schneider July 7, 2010 (Bloomberg) Joseph Nacchio, the former chief of Qwest Communications International Inc. convicted of insider trading, appealed the 70-month prison sentence that reduced his original term by two months

Ex-Qwest Chief Nacchio Loses Bid for Reduced Sentence Bloomberg-Business Week By Joel Rosenblatt June 24, 2010 June 24 (Bloomberg) Joseph Nacchio, the former chief of Qwest Communications International Inc., lost a bid to reduce his insider trading sentence by almost half after a judge heard arguments on how much he gained from his crime


Nacchio penalties pared. His attorney may appeal the relatively small cuts in prison time and forfeitures The Denver Post By Andy Vuong June, 25 2010 Former Qwest chief executive Joe Nacchio, convicted in 2007 on 19 counts of illegal insider trading, was resentenced Thursday to five years and 10 months in prison



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