CenturyTel and EMBARQ Merger Approved By FCC

CenturyTel and Embarq Corporation announced last week that CenturyTel's pending acquisition of EMBARQ has received approval from the Federal Communications Commission (FCC). The merger now has received all necessary approvals, and the companies expect the merger to be effective on July 1, 2009.

“The FCC’s approval is a significant and exciting milestone toward completing the merger,” said Glen F. Post III, CenturyTel's chairman and chief executive officer. “It has been a rigorous review process and we are pleased to have the FCC’s approval and recognition that the combination of CenturyTel and EMBARQ offers many benefits to our customers and the communities we serve.”

“We have committed to the FCC that we will remain focused on infrastructure development and broadband deployment after completion of the merger,” said Tom Gerke, EMBARQ's chief executive officer. “Our combined company is committed to investing in our communities and providing our customers high-quality, reliable communications and expanded broadband services.”

We will keep an eye out for how this will affect current customers and ordering service from the combined company moving forward.