Level 3 Communications, Inc. will acquire the content delivery network (CDN) services business of Savvis, Inc. for $135 million.
Telecom vet Om Malik cites Level 3's press releases as an example of Web 2.0 hype.
Level 3 Communications has announced a multi-year agreement to provide high speed connectivity to Photobucket the hugely popular free video and photo sharing service.
Level 3 will buy Broadwing Corp. for about $1.4 billion in cash and stock. The deal has been rumored for nearly a year.
Rumors are cirulating that backbone provider Level 3 could be the next acquisition target for Google. Analysts are split on the idea.
Level 3 will provide big-pipe connectivity to help the the video portal YouTube keep up with its rapid growth.
Are AboveNet and XO Communciations next on Level 3's shopping list?
Level 3 CEO Jim Crowe is alive and well, contrary to media reports earlier today.
Level 3 Communications Inc. (LVLT) will sell 125 million shares of stock and $150 million of convertible debt to the public.
Level 3 announced that it is acquiring ICG Communications.