Comments on: Qwest Looks to Sell Long-Haul Network http://gigaom.com/2009/04/02/qwest-looks-to-sell-long-haul-network/ Fri, 10 Feb 2012 20:04:50 +0000 hourly 1 http://wordpress.com/ By: Qwest Backs Off Sale of Its Long-Distance Network http://gigaom.com/2009/04/02/qwest-looks-to-sell-long-haul-network/#comment-166193 Mon, 08 Jun 2009 14:42:31 +0000 http://gigaom.com/?p=44511#comment-166193 [...] the face of its stagnating land-line business, but it’s not yet desperate enough to accept a too-low offer for its long-distance network. The company said today that it’s completed the strategic review of its long-distance network [...]

]]> By: It’s Happening « GTalk http://gigaom.com/2009/04/02/qwest-looks-to-sell-long-haul-network/#comment-166192 Thu, 02 Apr 2009 17:30:08 +0000 http://gigaom.com/?p=44511#comment-166192 [...] Qwest is apparently in the throws of hunting for bidders for its long haul network; something akin to the unbuckling of services from [...]

]]> By: John http://gigaom.com/2009/04/02/qwest-looks-to-sell-long-haul-network/#comment-166191 Thu, 02 Apr 2009 17:04:09 +0000 http://gigaom.com/?p=44511#comment-166191 I am absolutely certain that Level 3 management is crapping themselves right now. They just issued I think $1.4B in long term debt at 15% to help pay off notes coming due in ’09 and ’10. They just went FCF+ and will remain so for the rest of the year, but I bet they weren’t counting on needing another $3B to buy off Q. If they had the money, they’d be the right company to do it.

It makes you think. There’s only 5-10 tier 1 providers (depending on who you talk to). The industry is consolidating. The question is: is the consolidation a good thing? One ring to rule them all? Yikes. I mean this is the internet we’re talking about here. I would say that it’s more important than air travel. Would you want the internet subsidized if it fell into debt problems?

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