Level 3 Communications, Inc. (NASDAQ: LVLT) today announced that it has signed an agreement with Callx Communications, a communications services provider for voice over Internet Protocol (VoIP) solutions, to enhance that company
iTalk Global Communications, Inc. has selected Level 3 (NASDAQ: LVLT) for wholesale voice and local inbound service.
Under the contract, Level 3 will provide iTalk with wholesale voice and local inbound calling services. These services will enable iTalk to expand the area to which it delivers VoIP retail services to U.S. residential and small business customers and to U.S. and foreign telecom carriers and cellular operators.
“Coverage area and network reliability were key factors in our decision to do business with Level 3,” said Bill Burge, vice president at iTalk Global. “It’s important that we provide our customers with dependable services, and by working with Level 3, we can help ensure that consistent end-user experience.”
“Level 3’s far-reaching footprint allows companies like iTalk to expand quickly into new markets,” said Jeff Tench, president of Level 3’s Business Markets Group. “And because of that expansive network coupled with the efficiency of Level 3’s IP backbone, we’re able to provide highly cost-effective and scalable communications solutions.”
Level 3’s Business Markets Group leverages the power of the company’s extensive fiber-optic network, metro assets, and locally focused sales and sales support organization to deliver world-class services to enterprise customers and service providers throughout the United States.
Level 3 Communications, Inc. (NASDAQ: LVLT) reported consolidated revenue of $942 million for the second quarter 2009, compared to consolidated revenue of $1.09 billion for the second quarter 2008.
The net loss for the second quarter 2009 was $134 million, or ($0.08) per share, compared to a net loss of $42 million, or ($0.03) per share for the second quarter 2008, which included a gain of $96 million from the sale of the company’s Vyvx advertising distribution business. The net loss for the first quarter 2009 was $132 million, or ($0.08) per share.
Consolidated Adjusted EBITDA was $229 million in the second quarter 2009, compared to $251 million in the second quarter 2008. Consolidated Adjusted EBITDA was $250 million in the first quarter 2009.
“The economy continued to be challenging in the second quarter for wireline service providers,” said James Crowe, CEO of Level 3. “As expected, sequential revenue pressure continued in the second quarter, although at a significantly moderated rate. We did see improvements in sales and churn, however, they were not as much as we expected. We continue to manage our costs aggressively, and for the fifth consecutive quarter, we were able to reduce our operating expenses, and year over year, we improved both our Gross Margin and Adjusted EBITDA Margin percentages. In addition, we completed several liability management transactions, which further strengthened our balance sheet.” Continue reading Level 3 Q2 2009 results
Wholesale VoIP customers are going through rough times. Rate increases, additional tariffs and even penalties for a low ALOC (Average Length Of Call) or ASR are common practice with carriers across the board.
However, the TelecomSupportDesk today announced an innovative initiative where such customers with a call volume of over 300k calls per month terminating in the United States can claim their portion of these surcharges – compensation that would otherwise go to the originating ILEC or CLEC.
According to Mark Breeze at TelecomSupportDesk this can add up to significant sums of money. “We are talking tenths of pennies per call, which does not sound that significant. But we see customers doing millions of calls per month and with that kind of volume, it surely starts to add up”.
It is a change that can be done in minutes and you don’t even have to change your calling route or provider to take advantage of this ‘loophole’ that local phone companies try to keep hidden. To find out exactly how this works and what is involved; companies can request additional information at dipfees.com
XO Communications, a leading provider of 21st century communications for businesses and communications service providers, today announced that it has received two Best-in-Class Metro Wholesale awards from ATLANTIC-ACM, a Boston-based telecommunications industry research consultancy. The awards, which are based on customer feedback, were presented today at the COMPTEL Plus Fall 2007 Convention & Expo in Dallas.
XO Communications is a leading provider of wholesale voice, data, IP and network transport services. The company won awards for Best-in-Class Metro Wholesale Services in the following categories: