Level 3's overall wholesale business revenues may be gradually declining every quarter, but it sees a bright spot in the dark fiber business, a company executive told investors.
Level 3 Communications is implementing a fully meshed MPLS network for international satellite provider Globalstar Communications' worldwide ground station locations.
Level 3 is realigning its movement in Europe, Middle East and Africa (EMEA) and its customer base there by naming Andrew Crouch as the region's president. Crouch, a UK native, has moved back to his homeland country to oversee the EMEA region following Level 3's close of its acquisition of tw telecom on Oct. 31.
Level 3 has enhanced its growing presence as an enabler of cloud services by adding Google's Cloud Platform, which enables developers and enterprises to build, test and deploy applications on Google's infrastructure, to its Cloud Connect Solutions ecosystem.
Level 3, which has just completed its acquisition of tw telecom, reported that Core Network Services (CNS) revenue rose 5.8 percent to $1.48 billion, helping to offset ongoing declines in its wholesale business.
Google Fiber has equipped a Kansas City Starbucks coffee shop, located at the corner of 41 st and Main Street, with a direct fiber connection to provide patrons with in-store Wi-Fi Internet access.
Sprint's new CEO Marcelo Claure reiterated during the third-quarter earnings call that the company is open to selling its struggling wireline assets, a move that would allow the company to focus exclusively on its wireless business.
Level 3 has completed its acquisition of tw telecom, creating a company that will have a deeper domestic and global footprint to serve multi-site businesses.
Level 3 has gotten commitments from its lenders to increase its borrowing power under its secured credit facility through a new $2 billion Tranche B 2022 Term Loan, part of which will finance the cash portion of its acquisition of tw telecom.
tw telecom, which is being acquired by Level 3 Communications, is adding more firepower to its existing network in San Diego by extending service into the various business parks located in Carlsbad.