Level 3 buys Global Crossing

Level 3 has arranged to acquire fellow Tier 1 network operator Global Crossing in an all-stock deal worth $3 billion. The deal will create an operator with fiber and other networks in around 50 countries throughout North America, Latin America and Europe, and subsea cable network connections to more than […] Read more »

Level 3 ATLANTIC-ACM 2011 Global Wholesale Best in Class Award

Level 3 Communications, Inc. (NASDAQ: LVLT) has received the ATLANTIC-ACM 2011 Global Wholesale Best in Class Award for Provisioning and the Best in Class Award for Network Quality. The awards recognize Level 3′s leadership in delivering data network and voice services to meet the wholesale communications needs of global carriers. […] Read more »

Level 3 Q3 2010

Third Quarter Financial Highlights Consolidated revenue increased sequentially to $912 million Core Network Services revenue grew 1 percent sequentially and 1 percent year-over-year; 2 percent year-over-year growth on a constant currency basis Strong Communications Gross Margin and Communications Adjusted EBITDA Margin performance Consolidated Adjusted EBITDA grew to $218 million from […] Read more »