BROWSING: Level 3 Communications

CenturyLink private cloud service receives an upgrade with VMware Cloud Foundation CenturyLink, Inc. recently updated its private cloud service, Dedicated Cloud Compute (DCC) Foundation, to a private service based on VMware Cloud Foundation. The cloud service gives companies the option of switching to a hybrid-cloud that...

AT&T, Verizon, Level 3, Birch, Zayo all major players in U.S. fiber optic networks Fiber optic networks play a key role in the evolution of telecommunications services as the increasing demand for data will require communications service providers and the owners of fiber optic networks...

Cox Communications Inc. added a former Clearwire Corp. (CLWR) executive to its executive roster naming Kevin Hart as its EVP and CTO effective April 25. In his new position, Hard will be responsible for providing “overall leadership, strategic and operational direction to the planning...

RCR Wireless News is hitting the road next week for New York City and the Garden State. As with every stop on our global tour, conference series and news desk, our team will engage the mobile community at the local level to better understand...

Editor's Note: Welcome to our weekly Reality Check column. We've gathered a group of visionaries and veterans in the mobile industry to give their insights into the marketplace. Last year at this time, we started a series of articles called “All I want for...

President-elect Barack Obama has tapped former telecom policymaker Donald Gips as White House director of presidential personnel.Gips, on temporary leave as an executive at Level 3 Communications and a top member of the Obama-Biden transition team, was head of the Federal Communications Commission's...

With Democrats capturing the White House and strengthening their control of Congress on the same day that federal regulators approved two major telecom deals, wireless policy changes could be in store as lawmakers, federal regulators and the incoming Obama administration take measure of an...

Level 3 Communications Inc. announced it acquired Servecast Ltd., which provides live and on-demand video management and streaming services for broadband and mobile platforms.Level 3 paid about $45 million in cash for the company."Servecast's video and rights-management platform, combined with its streaming services, complement...

Sprint Nextel Corp last week snagged one of the prized contracts in a multibillion-dollar program to modernize the federal government's telecommunications system. In late March, Sprint Nextel-a perennial government contractor-came up short in the awarding of Networx Universal contracts.But the outcome was different for...

Sprint Nextel Corp. made the cut this time, snagging one of the prized contracts in a multibillion-dollar program to modernize the federal government's telecommunications system. The General Services Administration today awarded Networx Enterprise contracts to Sprint Solutions Inc. (Sprint Nextel), AT&T Inc., Level...

Exchanging data over wireless networks is expected to grow at a steady rate in North America, according to the latest data from ABI Research. The firm said it expects growth of 16 percent each year through 2011, with a bit of a boom in...

BROOMFIELD, Colo.—Internet backbone operator Level 3 Communications Inc. has agreed to acquire privately held telecom company TelCove, Inc. for $1.24 billion, a move that provides Level 3 more than 300 LMDS and 39 GHz licenses covering 90 percent of the U.S. population. "The acquisition...

BROOMFIELD, Colo.—Level 3 Communications Inc.’s buying spree continues as the wholesale fiber optic network operator said it was spending $163 million to pick up Englewood, Colo.-based ICG Communications Inc. Under terms of the agreement, Level 3 will spend $36 million in cash along with...

BROOMFIELD, Colo.—Level 3, an international communications company, completed its acquisition of Progress Telecom, L.L.C., a regional wholesale network services company based in St. Petersburg, Fla. By the terms of the agreement signed on Jan. 25, Level 3 paid about 19.7 million unregistered shares of...

BROOMFIELD, Colo.-Level 3 Communications Inc. said it will spend $137 million to acquire Progress Telecom L.L.C., a regional wholesale network services company. Level 3 said it intends to pay $68.5 million in cash and $68.5 million in its own unregistered stock for Progress, which...

WASHINGTON-If a proposal to convert the Federal Communications Commission into a regulator focused on competition is accepted, the new FCC should make more entrenched players prove they are not being anti-competitive rather than make the startups prove they are, said Jonathan Askin, general counsel...

In a record year for financial restatements, the wireless industry managed to stay relatively unsoiled. While other telecommunications, financial and manufacturing companies in 2004 faced various bookkeeping snafus, few wireless players were forced to dust off their financials. Nonetheless, there were a few accountants...

WASHINGTON-In a surprise move that gives new FCC Chairman Kevin Martin more time to reveal his regulatory philosophy, Level 3 Communications Inc. withdrew a forbearance petition regarding how much Voice over Internet Protocol carriers must pay to have their calls connected to the public-switched...

WASHINGTON-If James Crowe, chief executive officer of Level 3 Communications Inc., was king for a day and could have the Federal Communications Commission grant him one thing, he would have it award him "exclusive access to the wireless spectrum."Level 3 is a company that...

NEW YORK-Global Crossing this week was granted an extension on its exclusive purchase agreement with Singapore Technologies Telemedia Pte. Ltd., by which STT plans to invest $250 million to own 61.5 percent of the bankrupt company. The exclusivity extension means no other company can...

NEW YORK-The bad news, according to Jerry Newman, senior managing director of Bear, Stearns & Co. Inc., "is word of a 50-to-75 percent decline in new venture capital investments" so far this year.The good news is "there probably is in the neighborhood of $100...

WASHINGTON-President Bush is expected to appoint wireless lawyer Nancy Victory to head the National Telecommunications and Information Administration, according to administration and industry sources.Victory is a law partner at Wiley, Rein & Fielding in Washington, D.C., where she specializes in the firm's communications and...

A ray of hope illuminated the increasingly dark local multipoint distribution service sector last week when XO Communications Inc. announced in conjunction with its first-quarter financial results that it secured $250 million in much-needed funding, but the broadband provider also said it will be...

XO Communications Inc. revealed plans last week to launch a data-centric broadband network in Western Europe as early as mid-2001.Western Europe's early adoption of mobile technology, combined with its tight geographical layout, make it one of the fastest-growing data services markets in the world....