LITTLE ROCK, Arkansas, United States—Telecommunications carrier Alltel made an unsolicited bid to buy rural operator CenturyTel for $9 billion, a 40 percent premium over CenturyTel’s current stock price.
The proposed merger calls for CenturyTel shareholders to receive a choice of either $43 per share in cash to 0.69 Alltel shares for every CenturyTel share owned. The combined company would have 7.2 million wireless customers and cover 58 million potential customers.
CenturyTel said the latest offer from
Alltel makes bid for CenturyTel
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What infra upgrades are needed to handle AI energy spikes?
AI infra brief: Power struggles behind AI growth
The IEA report predicts that AI processing in the U.S. will need more electricity than all heavy industries combined, such as steel, cement and chemicals
Energy demand for AI data centers in the U.S. is expected to grow about 50 gigawatt each year for the coming years, according to Aman Khan, CEO of International Business Consultants
AI infra brief: Power struggles behind AI growth
The IEA report predicts that AI processing in the U.S. will need more electricity than all heavy industries combined, such as steel, cement and chemicals
Energy demand for AI data centers in the U.S. is expected to grow about 50 gigawatt each year for the coming years, according to Aman Khan, CEO of International Business Consultants