M&A Deal Summary

Lumen Acquires Digital Teleport

On June 9, 2003, Lumen acquired transportation company Digital Teleport for 38M USD

Acquisition Highlights
  • This is Lumen’s 1st transaction in the Transportation sector.
  • This is Lumen’s 6th largest (disclosed) transaction.
  • This is Lumen’s 4th transaction in the United States.
  • This is Lumen’s 1st transaction in Missouri.

M&A Deal Summary
Date 2003-06-09
Target Digital Teleport
Sector Transportation
Buyer(s) Lumen
Deal Type Add-on Acquisition
Deal Value 38M USD

Target

Digital Teleport

Chesterfield, Missouri, United States
Digital Teleport, Inc. provides wholesale bandwidth transport services to telecommunications carriers and service providers in the United States. It also provides Ethernet services to enterprise customers and government agencies in metropolitan network rings.

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Buyer(S) 1

Buyer

Lumen

Monroe, Louisiana, United States
Category Company
Founded 1968
Sector Communications
Employees27,000
Revenue 14.6B USD (2023)
DESCRIPTION
CenturyLink office location in downtown St. Paul, Minnesota.
CenturyLink office location in downtown St. Paul, Minnesota.

Lumen is an integrated communications company engaged in providing an array of communications services to residential, business, governmental and wholesale customers. CenturyLink's communications services include local and long-distance, network access, private line (including special access), public access, broadband, data, managed hosting (including cloud hosting), colocation, wireless and video services. In certain local and regional markets, the Company also provides local access and fiber transport services to competitive local exchange carriers (CLECs) and security monitoring. Lumen was established in 1968 and is based in Monroe, Louisiana.

DEAL STATS #
Overall 4 of 17
Sector (Transportation) 1 of 1
Type (Add-on Acquisition) 4 of 15
State (Missouri) 1 of 2
Country (United States) 4 of 16
Year (2003) 1 of 1
Size (of disclosed) 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-08-03 CSW Net

Russellville, Arkansas, United States

CSW Net, Inc. provides Internet services to more than 13,500 subscribers in Arkansas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-10-27 Embarq

Overland Park, Kansas, United States

Embarq Corporation offers a complete suite of communications services. For consumers, EMBARQ offers an innovative portfolio of services that includes reliable local and long distance home phone service, high-speed Internet, wireless, and satellite TV from DISH Network. For businesses, EMBARQ has a comprehensive range of flexible and integrated services designed to help businesses of all sizes be more productive and communicate with their customers.

Buy $11.6B
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