Tag Archives: level 3 communications

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 program, Latin American carriers will be able to extend their in-region networks by contracting directly with Level 3 to leverage its Internet and data services offered in North America and Europe.

The program

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 $209 million in the prior quarter and $213 million in the year-ago quarter
  • Capital spending increased as company continues to invest to support sales