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LVLT

Level 3 Statement versus Comcast charging to pass streaming video

November 30, 2010 Level 3 News (Nasdaq: LVLT)

Level 3 Communications, Inc. (NASDAQ: LVLT) issued the following statement, which can be attributed to Thomas Stortz, Chief Legal Officer of Level 3: “On November 19, 2010, Comcast informed Level 3 that, for the first time, it will demand a recurring fee from Level 3 to transmit Internet online movies and other content to Comcast’s [...]

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Level 3 Improves Efficiency of Disaster Recovery Solutions for RestorePoint

November 22, 2010 Level 3 News (Nasdaq: LVLT)

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’s data transmission rate with Level 3’s dedicated Internet access (DIA) service. Based in Alpharetta, Ga., RestorePoint offers data back-up and recovery solutions for enterprises requiring operational resiliency. The company [...]

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Level 3 gets NetFlix Deal

November 11, 2010 Level 3 News (Nasdaq: LVLT)

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’s streaming functionality and to support storage for the entire Netflix library of content. As a result of the deal, Level 3 has accelerated plans to [...]

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Level 3 Q3 2010

October 28, 2010 Level 3 News (Nasdaq: LVLT)

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 [...]

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Level 3 Response to the Verizon-Google Legislative Framework Proposal

August 11, 2010 Level 3 News (Nasdaq: LVLT)

Level 3 Communications, Inc. (NASDAQ: LVLT) today issued a statement in response to the Verizon-Google Legislative Framework Proposal. The following statement can be attributed to John M. Ryan, assistant chief legal officer and head of Regulatory Affairs for Level 3 Communications: “We are encouraged that two companies with diverse business interests in the broadband Internet [...]

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New Direct Backhaul to Equinix London Improves Diversity and Lowers Latency

July 14, 2010 Level 3 News (Nasdaq: LVLT)

Equinix, Inc. (Nasdaq: EQIX), a provider of global data center services, and Level 3 Communications, Inc. (NASDAQ: LVLT)  announced the opening of a new access node in Equinix’s International Business Exchange™ (IBX®) London 4/London5 (LD4/5) data center campus located on the outskirts of London. The access node will link the Equinix LD4/5 IBX campus directly with [...]

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Level 3 Upgrades Ultra-Low-Latency Fiber Network from London to Frankfurt

July 6, 2010 Level 3 News (Nasdaq: LVLT)

Level 3 Communications, Inc. (NASDAQ:  LVLT) today announced it has upgraded its ultra-low-latency fiber-optic network connection from London to Frankfurt. The upgrade significantly improves latency on this route as well as the Frankfurt-to-New York and Frankfurt-to-Chicago routes, enabling higher-speed transaction rates with very low transmission delays for financial exchanges and other trading venues. “Latency remains [...]

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Tour de France Online in HD Powered by Level3

July 1, 2010 Level 3 News (Nasdaq: LVLT)

Level 3 Communications, Inc. (NASDAQ: LVLT) today announced that it has been selected again by VERSUS, the exclusive television home of the Tour de France in the U.S., to be the online and mobile content delivery provider for the 2010 edition of the race. This year marks the second consecutive year that Level 3 will partner with [...]

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Level 3 Q1 2010

May 6, 2010 Level 3 News (Nasdaq: LVLT)

First Quarter Financial Highlights Continued sequential improvement in sales and churn Consolidated Revenue of $910 million Consolidated Adjusted EBITDA of $200 million Level 3 Communications, Inc. (NASDAQ: LVLT) reported consolidated revenue of $910 million for the first quarter 2010, compared to consolidated revenue of $924 million for the fourth quarter 2009 and $980 million for [...]

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