|Company:||Level 3 Communications|
|Event:||ShowStoppers at 2012 NAB ShowApr 16 - 16, 2012Las Vegas, NV, US|
U.S. telecoms have used mergers to offset revenue pressures and protect their rich dividends.
U.S. telcos have been turning to M&A to offset revenue pressures and protect their rich dividends. That leaves conditions ripe for further dealmaking.
The Windstream-EarthLink tie-up is about boosting cash flow, which will bolster the dividend, Cramer reasoned.