Clearing its final regulatory hurdle to closing, CenturyLink has received approval from the Federal Communications Commission for its $34 billion acquisition of Level 3 Communications.  

The approval comes on the heels of green lights from the California Public Utilities Commission, as well as the U.S. Department of Justice earlier this month.

“The FCC’s approval of CenturyLink’s acquisition of Level 3 is great news and means we now have all the regulatory approvals we need to close the transaction,” CenturyLink SVP for Public Policy and Government Relations John F. Jones says in a statement. “We anticipate closing the transaction effective November 1, 2017.”

Per an agreed upon consent decree with the DOJ, CenturyLink will spin off Level 3 metro network assets in the following areas: Albuquerque, N.M.; Boise, Idaho; and Tucson, Ariz. However, the combined company can still serve customers in these metros if they decide not to choose service from the buyer of the divested assets.

The combined company will also divest 24 strands of dark fiber that are not currently in use.