Networx transition woes: Dual contracts or dueling contracts? Nov 10, 2009
GSA provided the contract vehicles; its up to the agencies to decide how to use them, said Ed Morch, general manager and senior vice president of Level 3 Communications Inc.. Some experts say GSA could administratively direct an agency to consider all network awardees, regardless of whether they are Universal or Enterprise. (FCW.com)
Transition Woes: Networx structure remains a sticking point Nov 7, 2009
In a March 2005 hearing before the House Government Reform Committee, AT&T Inc., MCI Communications Inc. and Sprint Government Systems backed GSA while Broadwing Communications LLC, Level 3 Communications Inc. and Verizon Federal Business pushed for a unified approach for the contracts ... By 2007 when GSA made Enterprise awards to AT&T, Level 3 Communications, Qwest, Sprint and Verizon, there really werent any others in the game, GSAs Krumbholz said. (FCW.com)
How Google Voice Is Growing Oct 31, 2009
The list includes fiber-optic network operators Level 3 Communications () and Global Crossing (). It also mentions , , and. (BusinessWeek)
Dow falls 119 points Oct 29, 2009
Level 3 Communications (LVLT) Down 12. 50 percent (17 cents) to $1. (Denver Business Journal, CO)
Level 3 extends loss in Q3 Oct 29, 2009
The net loss grew substantially for Level 3 Communications in the third quarter of 2009. Broomfield-based Level 3 (NASDAQ: LVLT) on Wednesday reported a net loss of $170 million, or minus 10 cents per share, on revenue of $916 million for the third quarter. (Denver Business Journal, CO)
Busy cell networks a bonanza for gear makers Oct 24, 2009
Telecom operators such as Level 3 Communications and Qwest Communications International and cable operators such as privately held Cox Communications all want be first to lay fiber to a cell site to make sure they win the backhaul contract with the wireless operators which have equipment there. The iPhone syndromeSpradley said the U.S. market had a real requirement for upgrades as operators want to avoid bottlenecks in their increasingly popular data networks. (MSNBC -- Technology)
EXCLUSIVE: NATPE Miami-Bound in 2011 Oct 14, 2009
In this week's edition of B&C TechTalk, senior editor Glen Dickson discusses transmission services provider Level 3 Communications, which is testing the delivery of uncompressed hi-def feeds of Denver Broncos home games from Invesco Field to the broadcaster carrying the game, using its Vyvx national fiber-optic network. Related Stories. (Multichannel News)
Level 3 speeds Recovery.gov operations Oct 10, 2009
Thats when all entities that have received federal stimulus funding need to input their first round of measurement data, said a spokeswoman for Level 3 Communications Inc., which is supplying content delivery network (CDN) services for the site, which relaunched Sept. 28. Recovery. (FCW.com)
First wave from states will test Recovery.gov's stimulus reporting mettle Oct 10, 2009
gov site functionality is being deployed in phases, but this is an important milestone in developing a transparent tool for public use, said a spokeswoman for Level 3 Communications, which is supplying content delivery network services for the site. The new site. (FCW.com)
Level 3 Selected to be Exclusive Content Delivery Provider for Metaboli and GameTap Oct 6, 2009
Source: Level 3 Communications, Inc. ... LONDON--(BUSINESS WIRE)--Level 3 Communications, Inc. (NASDAQ: - ) has been selected by the company operating as Metaboli in Europe and GameTap in North America, to exclusively deliver caching and download services in support of their online gaming offer ... About Level 3 Communications. (Yahoo! Wire -- Entertainment News)
Sunrise Senior Living downsizes headquarters Sep 30, 2009
As part of the transaction, two existing tenants at the McLean site -- a custom T-shirt company called CustomInk and Level 3 Communications -- took the space Sunrise is dumping off. In order to work out logistical kinks such as parking, those tenants are not subleasing the space. (Washington Business Journal, DC)
Dow closes over 9,800; Level 3 leads Colorado gainers Sep 25, 2009
In Colorado, Level 3 Communications led actively traded gainers. The Dow Jones Industrial Average finished the trading day at 9,820. (Denver Business Journal, CO)
The post-50 job hunt Aug 13, 2009
Myles Falvella, 57, lost his job last year doing marketing and market analysis for Level 3 Communications in Pittsburgh and has been looking ever since. Hes been doing a lot of networking and has hit the job boards heavily, but despite getting one or two interviews a month, no positions have materialized. (MSNBC -- Business)
• SIRCOMM taking steps to recover revenue Aug 13, 2009
Gonterman said progress is being made with three companies - Level 3 Communications; Eight by Eight; and Tax Partners - and one company, Level 3, will reimburse SIRCOMM for a year's worth of fees. Level 3 apparently bought a local company that wasn't paying SIRCOMM.. (Burley South Idaho Press, ID)
Cable, truck cause $5,500 in damage (239) Aug 7, 2009
The truck reportedly caught an inactive fiberoptic line and guide wire owned by Level 3 Communications Inc., Coudersport, and broke a utility pole off at its base. This caused a power outage in the immediate area from about 2 p.m. until shortly before 3 p.m.. (Wellsboro Gazette, PA)
The latest Colorado earnings Jul 31, 2009
-- July 30: Level 3 Communications Inc. posted a second-quarter loss more than triple its loss of the same quarter a year ago. -- July 30: Xcel Energy Inc., Colorado's largest power utility, posted second-quarter profit of $117. (Denver Business Journal, CO)
Doomed Stocks You Should Avoid Jul 25, 2009
I would be similarly concerned if I held Level 3 Communications (Nasdaq: LVLT); it's burning cash with significant amounts of capex, lots of debt (a good portion of which is coming due within in the next two years), and relatively speaking, not a whole lot of cash to work with in the bank account. Given the tightening of corporate credit across the board, I'd stay away from companies with significant debt coming due anytime soon. (MSNBC -- Business)
Datric, Inc. Launches Line of Data Warehouse Solution Appliances Jul 21, 2009
The technology's unmatched speed, scalability, flexibility and ease of use helps customers like JP Morgan Chase, Verizon, Mozilla, Comcast, Level 3 Communications and Vonage capitalize on business opportunities in real time. Vertica is headquartered in Billerica, Mass. (PR Newswire)
Telecoms target stimulus money Jul 21, 2009
Local companies have hustled since then to see what proposals make sense and can be finished in the six-week application window that ends Aug. 14, said Monisha Merchant, director of product management for Level 3 Communications Inc.. There s less hesitation now, and a little more excitement, Merchant said. (Denver Business Journal, CO)
Carr Moves Up to CEO at SinglePipe Jul 3, 2009
Before that she had marketing and operations positions at Level 3 Communications, Cablevision Systems, High Speed Access Corp., Time Warner Cable and Starz Encore Group. "Cynthia's experience in both cable and telecommunications operations and marketing makes her uniquely qualified to lead SinglePipe's further development of value-rich product and service packages for our customers," Carr said in the release. (Multichannel News)
Buy-and-hold stock strategy can be big loser in bear market Jun 29, 2009
The list of other stocks investors rode down to practically nothing includes financial firms American International Group, Fannie Mae, Freddie Mac, Washington Mutual and E-Trade, technology stocks including Level 3 Communications and Conexant Systems, and retailer Circuit City. The market's vicious kicking the life out of stocks has been a brutal wake-up call for investors who long held out faith that holding on is the only way to go. (USA Today -- Money)
Dow drops 2.3% Monday Jun 23, 2009
In Colorado, Level 3 Communications was by far the biggest gainer on the day. The Dow Jones Industrial Average finished the trading day at 8,339. (Denver Business Journal, CO)
Top of the week's business news Jun 21, 2009
A subsidiary of Level 3 Communications Inc. reached a 20-year contract with a major multinational customer that will generate at least $140 million in revenue in the first four years of the contract. A Denver grand jury has returned an 11-count indictment against local real estate developer Jack D. Arbess. (Denver Business Journal, CO)
Top entrepreneurs singled out Jun 19, 2009
Emerging business: Having helped launch Level 3 Communications, Caruso moved on to grow telecom Zayo, which had $200 million in revenue in 2008. The Rocky Mountain finalists were selected by an independent panel of judges, including Ray BonAnno, chairman and CEO, Fleet-Car Carriers; Karl Maier, CEO, Market Force Information; Naseem Munshi, CEO, Composite Technology Development; Roy Moore, CEO, Moore Holdings; Bill Sanger, chairman and CEO, Emergency Medical Services Corp.; Bill Warga, vice... (Denver Business Journal, CO)
Dow finishes up month with a gain Friday May 30, 2009
Among actively traded Colorado stocks that declined on the day was Level 3 Communications Inc. (LVLT), down 8. 55 percent (10 cents) to close at $1. (Denver Business Journal, CO)
Kidney-care giant DaVita moving executives to Denver May 28, 2009
On the longer Fortune 1,000 list, Level 3 Communications ranks No. 526 and Cimarex Energy No. 908. The DaVita move was first reported Wednesday by the Denver Post. (Denver Business Journal, CO)
Level 3 Closes $220 Million Senior Secured Tranche B Term Loan Apr 17, 2009
Level 3 Communications, Inc. (NASDAQ: LVLT) is a leading international provider of fiber-based communications services ... (PRNewsFoto/Level 3 Communications) BROOMFIELD, CO UNITED STATES ... April 16 /PRNewswire-FirstCall/ -- Level 3 Communications, Inc. today announced that its wholly owned subsidiary, Level 3 Financing, Inc. has closed its $220 million senior secured Tranche B Term Loan announced on April 6. (PR Newswire)
IBM-Sun merger could cost jobs Apr 4, 2009
Broomfield-based Level 3 Communications Inc. (NASDAQ: LVLT) laid off dozens from its headquarters in December, part of 450 jobs it cut nationally. Denver-based Qwest Communications International Inc. (NYSE: Q) cut 1,200 jobs in the final three months of 2008, many of them local. (Denver Business Journal, CO)
Qwest long-haul network for sale Apr 2, 2009
It also listed local telecom network companies Level 3 Communications Inc. (NASDAQ: LVLT), based in Broomfield, and (NASDAQ: TWTC), based in Douglas County near Lone Tree. Reader Comments. (Denver Business Journal, CO)
Where To Search For Rising Bargain Stocks During Tough Economic Conditions Mar 28, 2009
(Nasdaq: ), Level 3 Communications (Nasdaq: ), Dryships Inc. (Nasdaq: ), Cell Genesys Inc. (Nasdaq: ). Tough times mean survival of the fittest. (PR Newswire)
The Pomerantz Firm Reminds Investors of Level 3 Communications, Inc. (LVLT) of Upcoming Deadline Mar 25, 2009
NEW YORK, March 24, 2009 (GLOBE NEWSWIRE) -- Pomerantz Haudek Block Grossman & Gross LLP () (``Pomerantz'') reminds investors of Level 3 Communications, Inc. (``Level 3'' or the ``Company'') (NasdaqGS: - ) that April 6, 2009 is the deadline to ask the Court to appoint you as Lead Plaintiff in the class action. Pomerantz filed a class action lawsuit in the United States District Court for the District of Colorado (1:09-cv-00296-MSK), against the Company and certain officers of the company for... (Primezone Releases)
Dow hits sour note at week's end Mar 21, 2009
Level 3 Communications Inc. (LVLT) Up 2. 78 percent (2 cents) to 74 cents. (Denver Business Journal, CO)
Keller Rohrback L.L.P. Announces ERISA Breach of Fiduciary Duty Investigation Regarding the Level 3 Communications, Inc. 401(k) Plan Mar 19, 2009
Keller Rohrback L.L.P. () today announced that it is investigating Level 3 Communications, Inc. (``Level 3'' or the ``Company'') (NasdaqGS: - ) for potential violations of the Employee Retirement Income Security Act of 1974, as amended (``ERISA''). The investigation focuses on investments in Company stock in the Level 3 Communications, Inc. 401(k) Plan (the ``Plan'') ... If you are a participant in the Level 3 Communications, Inc. 401(k) Plan and held Company stock in the Plan, you may contact... (Primezone Releases)
Quarterly Changes to the NASDAQ Q-50 Index Mar 16, 2009
The following twelve securities will be added to the Index: Career Education Corporation (NasdaqGS: - ), Cree, Inc. (NasdaqGS: - ), Itron Inc. (NasdaqGS: - ), LKQ Corporation (NasdaqGS: - ), Level 3 Communications, Inc. (NasdaqGS: - ), Mylan Inc. (NasdaqGS: - ), Netflix, Inc. (NasdaqGS: - ), ONYX Pharmaceuticals, Inc. (NasdaqGS: - ), Open Text Corporation (NasdaqGS: - ), Sepracor Inc. (NasdaqGS: - ), Thoratec Corporation (NasdaqGS: - ) and Tellabs, Inc. (NasdaqGS: - ). The Index is designed to... (Primezone Releases)
Dow resumes losing ways Mar 10, 2009
Level 3 Communications Inc. (LVLT) Down 6. 21 percent (4. (Denver Business Journal, CO)
Zayo Group adds $128M in equity investment Mar 4, 2009
Caruso and John Scarano both led Englewood-based ICG Communications back from bankruptcy and sold it in early 2006 to Broomfield-based Level 3 Communications Inc. They both worked at Level 3 prior to going to ICG.. Zayo Group employs about 325 people nationwide. (Denver Business Journal, CO)
Water main break floods downtown Boston street Feb 28, 2009
Work by Level 3 Communications, a fiber optic communications company, continued in the afternoon on a bank of electrical ducts that ran above the water main. Once that work is completed, workers will fill the hole and temporarily repave the street. (Boston Globe)
The Pomerantz Firm Charges Level 3 Communications, Inc. (LVLT) With Securities Fraud -- LVLT Feb 21, 2009
NEW YORK, Feb. 20, 2009 (GLOBE NEWSWIRE) -- Pomerantz Haudek Block Grossman & Gross LLP () has filed a class action lawsuit in the United States District Court for the District of Colorado (1:09-cv-00296-MSK), against Level 3 Communications, Inc. (``Level 3'' or the ``Company'') (NasdaqGS: - ) and certain officers of the company for violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, and Rule 10b-5 promulgated thereunder. The class action was filed on behalf of... (Primezone Releases)
Level 3 Announces Board of Directors Appointments Feb 20, 2009
Feb. 19 /PRNewswire-FirstCall/ -- Level 3 Communications, Inc. (Nasdaq: ) today announced R. Douglas Bradbury and Charles C. "Buddy" Miller III have been appointed to its board of directors ... About Level 3 Communications ... Level 3 Communications, Inc. (NASDAQ: ) is a leading international provider of fiber-based communications services. (PR Newswire)
Kirby McInerney LLP Announces Class Action Lawsuit On Behalf of Level 3 Communications, Inc. Investors -- LVLT Feb 14, 2009
NEW YORK, Feb. 13, 2009 (GLOBE NEWSWIRE) -- A securities class action lawsuit was filed in the United States District Court for the District of Colorado on behalf of a class consisting of all persons or entities who purchased or otherwise acquired the securities of Level 3 Communications, Inc. (``Level 3'' or the ``Company'')(NasdaqGS: - ), between February 8, 2007 and October 23, 2007, inclusive (the ``Class Period''). ADVERTISEMENT. (Primezone Releases)
Dow sinks over rescue-plan disenchantment Feb 11, 2009
Level 3 Communications Inc. (LVLT) Up 3. 09 percent (3 cents) to $1. (Denver Business Journal, CO)
Fairfax adds to the intrigue at Abitibi Feb 10, 2009
A few weeks ago, Fairfax and Seattle hedge fund Steelhead Partners were among eight shareholders that stepped up to buy $400-million in convertible notes from debt-heavy Level 3 Communications, a U.S.-based fibre optic player. The notes, predictably, pay annual interest of 15 per cent.. (Globe and Mail)
Law Offices of Howard G. Smith, Representing Investors of Level 3 Communications, Inc., Announces Class Action Lawsuit -- LVLT Feb 8, 2009
Feb. 6, 2009 (GLOBE NEWSWIRE) -- Law Offices of Howard G. Smith, representing investors of Level 3 Communications, Inc. (``Level 3'' or the ``Company'') (NasdaqGS: - ), has filed a class action lawsuit in the United States District Court for the District of Colorado on behalf of a Class consisting of all purchasers of the securities of Level 3 between February 8, 2007 and October 23, 2007, inclusive (the ``Class Period''). ADVERTISEMENT. (Primezone Releases)
Internet Video Feb 8, 2009
Level 3 Communications has installed more than five miles of fiber-optic cable in Denver in. Posted: Thu, 21 Aug 2008 13:57:00 GMT. (Multichannel News)
Dow sinks below 8,000 again; Apollo Gold leads Colorado gainers Feb 7, 2009
Level 3 Communications Inc. (LVLT) Down 3. 93 percent (4 cents) to 96 cents. (Denver Business Journal, CO)
