By Chuck Ring (GadaboutBlogalot ©2009 – 2010)
Quote Freely From The Article – Leave The Pseudonym Alone
We’re playing a little here with an old Fats Domino Song, Walking To New Orleans because Qwest Communications Inc, which has taken several permutations in name and organization, has been sold to a Louisiana Company (Century Tel Inc.) Of course, the New Mexico Public Regulations Commission, must dilly and dally to make sure that the transaction will properly serve New Mexico citizens. Then the other affected states and federal regulatory authorities will have their try at approval or rejection of the deal. At some future date we’ll learn the fate of the deal and see whether it will be beneficial to New Mexico citizens and other folks in this nation.
Meanwhile, here’s the story as we found it from New Mexico Business Weekly (click here.) There are some excellent links to follow that should provide a better understanding as to what this means to Qwest employees, stockholders and management. We sure hope it will do something to improve their broadband offering in the Estancia Valley as regards more speed and lower price. Although what is offered now is preferable to the offering several years in the past.
As to difficulties facing both companies, the dogs of litigation (perhaps pigs of litigation) are out to sniff or root out the improprieties of the deal, if they are there, or perhaps if they can be made to seem as though they exist. The links below the quote underneath this paragraph shows evidence of the hunt — whether canine or porcine driven.
Anthony Sabino from Quotes Daddy
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- Regulators likely to okay Qwest, CenturyTel deal (seattletimes.nwsource.com)
- Kendall Law Group Investigating Qwest Communications International Inc. Merger for Shareholders (eon.businesswire.com)
- CenturyTel Phones In Another Deal (online.wsj.com)
- CenturyTel CEO’s Qwest Deal Raises Concern for Share Price (businessweek.com)
- Brower Piven Announces an Investigation of the Acquisition of Qwest Communications International, Inc. by CenturyTel, Inc. (eon.businesswire.com)
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