According to a new merger between the Qwest Communications and Century Link, there has been the development of a communications company that will cover about 681 square miles. It becomes the second largest one according to this merger, the first being AT&T.

According to the merger, the size of CenturyLink would reach its double.

The fourth-quarter profits for Qwest Communications International Inc., the local phone provider in 14 U. S. states, dipped 39% as more subscribers opted for the mobile handsets instead of home phones.

The Tenth Circuit Court of Appeals in Denver said on Friday that the trial court sentence of 'six years in prison and a $52 million penalty' handed to Joseph Nacchio - ex- CEO of Qwest Communications International Inc - for insider trading may be reduced.