Domestic Telecom Services Industry Announce Acquisitions, Completion of Debt Tender Offer, and New Programs - Research Report on Verizon, CenturyLink, Windstream, Frontier Corporation, and BCE
NEW YORK, December 18, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting Verizon Communications Inc. (NYSE: VZ), CenturyLink, Inc. (NYSE: CTL), Windstream Corporation (NASDAQ: WIN), Frontier Communications Corporation (NASDAQ: FTR), and BCE, Inc. (NYSE: BCE). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Verizon Communications Inc. Research Report
On December 9, 2013, Verizon Communications Inc. (Verizon) announced a definitive agreement to acquire EdgeCast Networks (EdgeCast). According to Verizon, Verizon Digital Media Services will integrate EdgeCast complementary capabilities to improve and increase its ability to meet the exponential growth in online digital media content, as well as broaden its portfolio of site acceleration services for digital enterprises. Verizon further stated that Boards of Directors of Verizon and EdgeCast have approved this acquisition and Verizon hopes to finalize it in early 2014. The Company informed that the acquisition will strengthen Verizon Digital Media Services' ability to deliver content and site acceleration services to customers that include studios, broadcasters, retailers and enterprises seeking quality high-performance digital experiences across all devices. Verizon also mentioned that LionTree Advisors LLC was its financial advisor for this acquisition. The Full Research Report on Verizon Communications Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/ca80_VZ
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CenturyLink, Inc. Research Report
On December 13, 2013, CenturyLink, Inc. (CenturyLink) announced the completion of the previously-announced debt tender offer (the Tender Offer) , which commenced on November 14, 2013 by Qwest Communications International Inc. (Qwest Communications) for any and all of its 7.125% Notes due 2018 (the 2018 Notes). CenturyLink reported that the said Tender Offer expired at 12:00 midnight, New York City time, on December 12, 2013 (the Expiration Time). According to the Company, as of the Expiration Time, $614.2 million aggregate principal amount of the outstanding 2018 Notes (representing 76.77% of the outstanding 2018 Notes) had been validly tendered and not validly withdrawn. The Company mentioned that all $614.2 million aggregate principal amount of such notes were validly tendered before the early tender deadline on November 26, 2013 and purchased by Qwest Communications on November 27, 2013, and no additional 2018 Notes were tendered after such early tender deadline. Currently $185.8 million aggregate principal amount of 2018 Notes remain outstanding. The Full Research Report on CenturyLink, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/e68f_CTL
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Windstream Corporation Research Report
On December 12, 2013, Windstream Corporation (Windstream) announced that support for its popular Allworx Reach application has been extended to include Android devices. According to the Company, Allworx Reach combines effortless communication with complete mobility. Windstream informed that Allworx Reach was first released for iOS devices and now available for Android devices, bringing more than the rich functionality of the Allworx desk phone to the smartphone. Windstream reported that Allworx Reach combines the inherent power of the smartphone with features of the Allworx server, offering a new level of feature functionality. The Full Research Report on Windstream Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/1959_WIN
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Frontier Communications Corporation Research Report
On December 10, 2013, Frontier Communications Corporation (Frontier Communications) announced that the Company offers Frontier Secure, a multifaceted security program that proactively prevents the subscriber's life from being ruined by cyber-attacks. The Company reported that as part of its warm welcome to new subscribers, consumers throughout the US are encouraged to call or visit Frontier Secure. The Full Research Report on Frontier Communications Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/1a67_FTR
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BCE, Inc. Research Report
On December 12, 2013, Bell, wholly-owned by BCE, Inc. (BCE), announced the 82 Community Champions for Clara's Big Ride for Bell Let's Talk who will play an integral role in welcoming Clara Hughes into their communities during her 110-day ride around Canada to help raise awareness and action in mental health and reduce the stigma around mental illness. The Company reported that Clara's Big Ride for Bell Let's Talk will span 110 days covering 12,000 kilometres, beginning in Toronto March 14, 2014, visiting 95 communities and concluding in Ottawa on Canada Day, July 1, 2014. According to the Company, events across the country will be supported by local Community Champions, skilled team builders who are knowledgeable about their local mental health community. The Full Research Report on BCE, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/7450_BCE
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