News

Qwest poised for total sale?

Analysts see that as a possibility if it sells off its fiber-optic network.

Qwest’s possible sale of its nationwide fiber-optic network could be a prelude to selling the rest of the company, analysts said Thursday.

Qwest’s reported desire to sell the long-haul network would leave a local-phone-service carrier that "would likely get caught up in the ongoing consolidation of the local-exchange market, potentially through the sale of the company to a smaller player," said UBS telecommunications analyst John Hodulik.

By Steve Raabe
The Denver Post

Full Story: http://www.denverpost.com/business/ci_12059813

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