Merged firm plans key headquarters in Phoenix
CenturyLink, Qwest deal to add broadband service
by Megan Neighbor
Louisiana-based CenturyLink announced Tuesday that
Terry Beeler, current western region president, has been named post-merger president for CenturyLink's Southwest headquarters, a company news release said.
Support was bolstered by a settlement agreement that all parties approved.
Under the agreement, CenturyLink, which is headquartered in Monroe, La., will invest $70 million in broadband services in Arizona over the next five years, submit financial and organizational materials to the Corporation Commission and RUCO until the merger's third anniversary and maintain or improve the number of premerger customer complaints in Arizona.
(settlement) agreement, we are putting our money where our mouth
is," said Qwest Arizona President Jim Campbell, who will become
the vice president for regulatory and legislative affairs for
The $70 million
broadband investment will primarily fund residential projects in
rural, non-served and underserved communities where broadband is
In addition to investing in broadband, CenturyLink will provide the commission and RUCO an annual report that includes information about the integration of the two companies' operations and organizational and workforce changes. Annual reports will be compiled until the company's third anniversary, according to the settlement.
Within the past few months, CenturyLink has reached post-merger agreements with its unions and competitors, such as Cox Communications and Integra Telecom.
It still needs approval from the full five-member Corporation Commission.
The commission's decision will be based on the recommended order of Administrative Law Judge Belinda Martin, who has scheduled a Dec. 13 hearing, said Rebecca Wilder, a spokeswoman for the corporation commission. Wilder did not comment further because of the settlement's pending status.
Twelve states and the
The company expects to complete the merger in the first half of 2012, a news release said.
approximately 3,000 employees in