Mergers & Acquisitions

Arrows going upStarting in 2011, Benton has made it easier to track regulatory review of major telecommunications mergers and acquisitions. Follow the links to get the latest updates on the debates over these deals.

Status: Current

On October 31, 2016, CenturyLink and Level 3 Communications announced that their Boards of Directors unanimously approved a definitive merger agreement under which CenturyLink will acquire Level 3 in a cash and stock transaction valued at approximately $34 billion, including the assumption of debt.
On October 22, 2016, AT&T and Time Warner announced they have entered into a definitive agreement under which AT&T will acquire Time Warner in a stock-and-cash transaction valued at $107.50 per share. The agreement has been approved unanimously by the boards of directors of both companies....
On October 14, 2015, Altice N.V. (Altice), a Netherlands entity, and Cablevision Systems Corporation (Cablevision), a Delaware corporation, filed a series of applications seeking approval for the transfer of control of Cablevision and certain subsidiaries to Altice. Cablevision offers digital...
On May 26, 2015, Charter Communications and Time Warner Cable announced that they have entered into a definitive agreement for Charter to merge with Time Warner Cable. The deal values Time Warner Cable at $78.7 billion.
On May 12, 2015, Verizon announced that it had agreed to purchase AOL Inc. for $50 per share -- an estimated total value of approximately $4.4 billion. AOL’s key assets include its subscription business; its premium portfolio of global content brands, including The Huffington Post, TechCrunch,...

Status: Completed

On July 24, 2015, the Federal Communications Commission granted – with conditions – approval of the transfer of control of licenses and authorizations from DIRECTV to AT&T.
On March 13, 2014, the Federal Communications Commission’s Wireless Telecommunications Bureau approved, with conditions, AT&T’s acquisition of Cricket Wireless.
On September 23, 2013, the Federal Communications Commission (FCC) approved AT&T's $780 million acquisition of rural network Alltel (owned by parent company Atlantic Tele-Network) after earlier delaying the move over competition concerns.
On July 5, 2013, the Federal Communications Commission released an order allowing the applications of SOFTBANK CORP. (“SoftBank”), its indirect subsidiary Starburst II, Inc. (“Starburst II”), and Sprint Nextel Corporation (“Sprint” and, together with SoftBank and Starburst II, the “Applicants”) to...
On March 12, 2013, the Federal Communications Commission approved the applications of Deutsche Telekom, T-Mobile USA and MetroPCS to the transfer of control of a number of Personal Communications Service (“PCS”) and Advanced Wireless Services (“AWS-1”) licenses and leases, and one lower 700 MHz...