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 Releases Statement to Clarify Issues in Comcast/Level3 Interconnection Dispute
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Level 3 Statement versus Comcast charging to pass streaming video
Level 3 Communications, Inc. (NASDAQ: LVLT) issued the following statement, which can be attributed to Thomas Stortz, Chief Legal Officer of Level 3: Link to this post! Read more »
Level 3 Improves Efficiency of Disaster Recovery Solutions for RestorePoint
Level 3 Communications, Inc. (NASDAQ: LVLT) has signed an agreement with RestorePoint, Inc., a provider of disaster recovery and data protection solutions, to enhance that company Link to this post! Read more »
Level 3 Launches Referral Program in Latin America
Level 3 Communications, Inc. (NASDAQ: LVLT) today announced that it has launched a new referral program in a select group of Latin American markets that have seen a steady increase in demand for international bandwidth and a growing need for global enterprise solutions. Working with approved referral providers through the [...] Read more »
Level 3 gets NetFlix Deal
Level 3 Communications, Inc. (NASDAQ: LVLT) today announced that it has been selected to serve as a primary content delivery network (CDN) provider for Netflix, Inc. to support the company Link to this post! 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 »
Social Security Administration Gets multiple 10 Gigabit per second (Gbps) wavelength Solutions from Level 3
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