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Level 3 Communications needs Team Telecom to approve transfer of network security agreement

( November 3, 2016, 21:50 GMT | Official Statement) -- MLex Summary: CenturyLink and Level 3 Communications must file a notice with the US Departments of Defense, Homeland Security, and Justice — each members of a government working group known as Team Telecom — to amend or terminate a network security agreement that Level 3 Communications signed on Sept. 26, 2011, Level 3 said in a securities filing. Team Telecom reviews applications by foreign companies for new licenses or the transfer of existing licenses of US cable television, satellite TV and telecommunications companies — often as part of a merger or acquisition.Extract....

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