Level 3 Communications finally broke its purchasing silence this week, announcing its intent to acquire tw telecom for $5.7 billion, a deal that will immediately enhance its ability to serve an even larger group of U.S. and multinational enterprise customers.
Level 3 has reached an agreement to acquire tw telecom for about $5.7 billion in cash and stock, a deal that immediately enhances its growing enterprise services business.
lntegra is expanding its reach into the data-center community, announcing that its services will be available at eight of Telx's data centers.
Consolidated Communications might not be nearly the size of its larger ILEC counterparts, such as CenturyLink and Windstream, but the telco has adopted a similar growth strategy that includes a mix of organic growth and the acquisition of other complementary properties.
tw telecom can now proceed with its latest network expansion into the Auburn, Washington market after the City Council granted the competitive provider a franchise agreement to build and operate a network along the city's rights of way, reports the Auburn Reporter.
Cox Business has joined the growing group of service providers that have received the Metro Ethernet Forum's Carrier Ethernet (CE) 2.0 certification, a designation that further advances the MSO's position in the Ethernet services market.
Comcast Business continues to expand the reach of its on-net fiber and the latest extension into Valley Business Park in Pleasanton, Calif., is another example of that trend.
As service providers broaden the geographic availability of their Ethernet portfolios, service prices have continued to drop dramatically, according to TeleGeography's latest Ethernet Pricing report.
tw telecom has been enlisted by national retailer Stein Mart to provide an IP VPN service connecting more than 270 stores and data centers.
AT&T has allocated nearly $800 million to expand its U-verse and on-net fiber footprint to more business locations in Oklahoma, relfecting its dedication to completing its multi-billion dollar Project VIP initiative.