Monday, January 26, 2009

CenturyTel and EMBARQ Shareholders Approve Merger

Shareholders of CenturyTel and EMBARQ approved all proposals related to the CenturyTel/EMBARQ merger.

Combined, CenturyTel and EMBARQ will have an operating presence in 33 states, nearly eight million access lines, approximately two million broadband customers and more than 400,000 video subscribers, based on data as of Sept. 30, 2008. The merger, announced Oct. 27, 2008, is expected to close during the second quarter of 2009 after federal and state regulatory approvals are received.