CenturyLink to Buy Level 3 for $34

The video discusses the merger between CenturyLink and Level 3, focusing on business services and internet infrastructure. It highlights the financial strategies, including tax benefits and net operating losses, that drive such telecom deals. The challenges faced by legacy companies in seeking growth through acquisitions are explored, along with the market implications and future outlook of the merger.

In what ways can the merger provide tax benefits to both companies?

What implications does the merger have for the competitive landscape in the telecom industry?