CTL CenturyLink Inc

On June 29, 2022, the Federal Communications Commission approved our previously-announced agreement to divest our Latin American business. Subject to the satisfaction of the remaining customary closing conditions, we anticipate closing this divestiture during the third quarter of 2022.

Forward Looking Statements

Except for the historical and factual information contained herein, the matters set forth in this Current Report on Form including statements regarding the timing of the closing of the proposed transactions, and other statements identified by words such as “anticipates,” “expects,” and similar expressions, are forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to a number of risks, uncertainties and assumptions, many of which are beyond our control. Actual events and results may differ materially from those anticipated, estimated or projected if one or more of these risks or uncertainties materialize, or if underlying assumptions prove incorrect. Factors that could affect actual results include but are not limited to: the possibility that the purchaser will not be able to finance the divestiture on the terms contemplated or at all; the possibility that the conditions to the parties’ respective closing obligations will not be met or waived in a timely manner or at all; and other risk factors and cautionary statements as detailed from time to time in our reports filed with the U.S. Securities and Exchange Commission. There can be no assurance that the proposed divestiture of our Latin American business will in fact be consummated in the manner described or at all. You should be aware that new factors may emerge from time to time and it is not possible for us to identify all such factors nor can we predict the impact of each such factor on the proposed transactions. You should not place undue reliance on these forward looking statements, which speak only as of the date of this Current Report on Form Unless legally required, we undertake no obligation and expressly disclaim any such obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

 

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