CenturyLink Named Network Provider of Pennsylvania; Shares +8.1%

12/11/17

By Jason Aycock, SeekingAlpha

CenturyLink (CTL +8.1%) has been selected as the network provider to Pennsylvania, a deal that will have it supplying a full suite of products and services to the Commonwealth.

The company will collaborate with Comcast Business (CMCSA +0.6%) on the five-year deal, which covers a range of deliverables: microwave and fixed satellite data access, Ethernet, private line, managed network services, virtual private networks, high speed cellular, bandwidth on demand and others.

The deal in particular looks to address last-mile solutions (fiber, coaxial and wireless) to the agencies, commissions, councils, bureaus, authorities and boards of Pennsylvania.

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