{"id":4500,"date":"2014-01-09T21:06:20","date_gmt":"2014-01-09T21:06:20","guid":{"rendered":"http:\/\/aerocominc.com\/?p=4500"},"modified":"2015-05-07T16:01:44","modified_gmt":"2015-05-07T23:01:44","slug":"centurylink-will-consider-other-metro-fiber-data-center-acquisitions","status":"publish","type":"post","link":"https:\/\/www.aerocominc.com\/info\/centurylink-will-consider-other-metro-fiber-data-center-acquisitions\/","title":{"rendered":"CenturyLink will consider other metro fiber, data center acquisitions"},"content":{"rendered":"

 
\nPress Release Source:<\/span>FierceTelecom<\/a><\/p>\n

January 8, 2014 | By Sean Buckley, CenturyLink (NYSE: CTL) may have not done any transformational deals in 2013 like Savvis and Qwest, but that doesn\u2019t mean it is ruling out other purchases that could complement its revenue mix.<\/p>\n

Two potential acquisition targets could include data center and metro fiber providers.<\/p>\n

\u201cWe continue to look, but our main focus is on areas where it will help us continue to get to revenue stability, which are metro fiber networks or data centers or data center capacity, both of which we could do a really good job with through our capital budget today,\u201d said Stewart Ewing, EVP and CFO of CenturyLink, during the Citi Internet Medi a & Telecommunications Conference<\/p>\n

So what about buying other traditional telcos that could enhance its reach?<\/p>\n

Ewing said that while they would consider acquiring other telcos only if they could be comfortable that \u201cthe synergies are there and did not impede our ability to get to revenue stability and revenue growth.\u201d<\/p>\n

It has been actively purchasing assets to complement its growing cloud and managed service businesses.<\/p>\n

The service provider purchased Seattle-based Tier 3 to enhance its cloud app development capabilities in November, for example. By using Tier 3\u2032s public, multi-tenant cloud, the new CenturyLink Cloud offer includes a self-service interface to create and manage public cloud environments.<\/p>\n

Having these expanded cloud service capabilities will enable it to cross sell cloud and data center services to its existing and new business customers.<\/p>\n

\u201cIf you ask Savvis\u2019 President Jeff Von Deylen what his biggest opportunity is, it\u2019s really those thousands of business customers that we have that already trust us enough to buy network from us and the opportunity to sell them IT services over time,\u201d Ewing said. \u201cAbout a third of the bookings in the third quarter came from customers that are also customers of CenturyLink from a network standpoint.\u201d<\/p>\n

Now that it has a broader collection of network and service assets, CenturyLink will focus more of its attention on organic growth opportunities.<\/p>\n

\u201cWe\u2019re confident in our ability to continue on our march to get to revenue and EBITDA stability,\u201d Ewing said. \u201cAdditionally, the $3 billion or so of capital expenditures we have each year puts us in a position to grow revenue by the investments we make not only in our network, but in our data center capabilities, the broadband speeds we provide to our customers, and the business customer connections we can add.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

One of AeroCom’s providers CenturyLink looking at two targets, data center and metro fiber providers. Read more here! <\/p>\n

Read more ›<\/div>\n

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