Archive for the ‘Level 3’ Category

Level 3 Communications’ New Enterprise Wide Area Networking Solution

Level 3 Communications, a leading international provider of fiber-based communications services that is now in the process of acquiring IP solutions provider Global Crossing, now offers a new Wide Area Networking solution that provides an ample approach to business networking requirements. Its most recent WAN solution includes a portfolio of the provider’s cutting edge services in order to improve a business’s ability to enhance the performance of key enterprise applications.

Level 3 Communications is extending its professional services portfolio in addition to packaging services like managed and Ethernet services, MPLS VPN, and Dedicated Internet Access to support the needs of businesses behind the on-premise equipment – be it staff expansion, network design, or on-premise project management.

Gartner, Inc.’s Communications and Network Services research director, Robert F. Mason, stated that “Providers need to step up their focus on managed and professional services, because simplification and standardization are crucial components of succeeding in today’s rapidly interconnected, global marketplace.” Mason went on to say that for a business to stay competitive, it must put emphasis on services that enhance productivity and make the best of application performance across its lines of business.

With the growing number of companies adopting virtualization, cloud and mobility applications, Level 3 says that many businesses are finding themselves besieged by multifaceted networks that require inclusive solutions that are able to give priority, increase the speed, and improve the performance of key applications.

Level 3 Communications’ latest Wide Area Network solution incorporates a number of components that provide an integrated approach to deciphering complicated network management. Included in the package is the provider’s full portfolio of data services, firewalls that are network-based to accelerate cloud application access, fluctuating managed services levels for customer equipment, Wide Area Network optimization that permits greater application performance visibility, and enhanced Wide Area Network design and assessment that contains professional services. Innovative access options for Ethernet with cable partners and CLECs broaden Level 3 Communications’ scope to aid businesses in upholding end-to-end Service Level Agreements while lowering their total costs.

If you are interested in learning more about Level 3 Communications’ services or Wide Area Networking solutions in general, give one of our professional account managers a call today! We partner with the leading providers of business telecommunications services in order to bring you the ideal solution for your company’s unique needs – at the best available price.

Posted in Level 3 | No Comments »

Level 3 – Global Crossing Merger Is A Done Deal

On Tuesday, Bloomfield, Colorado-based Level 3 Communications completed its purchase of Global Crossing in a $3 billion transaction that boosted its position as a worldwide telecommunications carrier. Level 3 provides services to a wide array of customers, including government agencies, large enterprises, and other telecom providers.

The merger united what were once two of the world’s largest fiber-based providers of telecom solutions, creating a single enterprise with network ownership in over 50 countries and connections to over 70 countries.

Level 3 disclosed its strategy to shift the listing of its common stock to the NYSE and employ a 1 for 15 reverse stock division of its common stock, which is expected to become effective subsequent to the close of trading on October 19th of this year. Until the transfer is complete, Level 3 Communication shares will carry on trading on the NASDAQ GSM.

According to the terms and conditions of the merger, Global Crossing shareholders will receive 16 shares of Level 3 common stock for every share of Global Crossing common or preferred stock that is possessed at closing. Under the deal the provider will distribute roughly 1.3 billion shares, and will redeem and discharge over $1.3 billion of Global Crossing’s remaining consolidated debt.

Level 3 Communications’ CEO, James Q. Crowe believes that the quickly developing telecom market denotes a remarkable opportunity for the provider, and that it is in the right position to capitalize on it. Crowe stated that Level 3 Communications is now a worldwide, high-tech and cutting-edge telecommunications corporation “that is substantially bigger and financially stronger, with an unrivaled IP/optical network and global reach, and an entrepreneurial culture singularly focused on the customer experience.”

The provider intends to conduct its international business with the Level 3 Communications title, but using a new brand identity. It will also operate via geographically organized enterprise units in Africa, Europe, Latin and North America and the Middle East, with each unit managed by a single leader that will be accountable for marketing, operations and sales for that region. Level 3 has announced it will remain based in Bloomfield, CO, and that North America will be the centralized location for corporate functions in addition to supporting the company worldwide.

Level 3’s executive VP and CFO, Sunit Patel, noted that immediately upon closing, the company will have “an improved balance sheet and credit profile,” and that will continue to improve as Level 3 reaches the projected “synergy benefits.”

Posted in Level 3 | No Comments »

Level 3 Communications/Global Crossing $3 Billion Merger

Level 3 Communications is one of only six Tier 1 Internet providers in the world, and currently ranked one of the world’s most connected ISPs. Global Crossing serves 40% of Fortune 500 companies in addition to 700 ISPs, carriers, and mobile operators worldwide.

Over a decade ago, both companies raised billions to build fiber-optic networks around the globe in response to the projected demand for Internet-based services. Then, in 2001 when the telecom industry buckled, both network operators fought to stay afloat amid a slump in demand for capacity, aggressive competition, and heavy debt. As a result, Level 3 managed to avoid a swell of bankruptcies that added to the telecom industry’s estimated $2 trillion loss in market value, but took a big hit; and in the last two years alone, has endured $1.24 billion in combined losses. Global Crossing took a different route and filed for Chapter 11 bankruptcy. A year later Global Crossing emerged under a successful reorganization plan and a new 61.5% equity shareholder that remains the largest shareholder to this day.

Now the two companies are planning to join forces.

At the start of this week, Colorado-based Level 3 announced its plan to amalgamate with New Jersey-based Global Crossing in a deal worth approximately $3 billion. The merger between two of the world’s biggest fiber-based communications service providers will take place via a tax-free, stock-for-stock transaction. Following regulatory approvals and customary closing conditions, the deal is expected to close by year’s end, and gives shareholders of Global Crossing stock 16 shares of Level 3 stock for every Global Crossing stock they possess at closing.

Level 3 has stated that the purchase will help better serve businesses, carriers, governments and providers throughout Europe and the Americas, and will reportedly create a company with connections to over 70 countries, and ownership over networks in more than 50 countries.

According to Level 3’s Chief Financial Officer, Sunit Patel, merging the two companies not only improves their credit profile and balance sheet, but also “accelerates the achievement of Level 3’s target leverage ratio of three to five times debt to Adjusted EBITDA.” Patel went on to say that, in addition to a savings of nearly $2.5 billion, he expects the acquisition “to give us the financial strength to capitalize on the many opportunities available in the global market.”

Posted in General, Global Crossing, Level 3 | No Comments »

Level 3 Private Line

Rapidly expanding companies need an ideal method of connecting with their components without having to worry about the security of their line or the quality of their communications network. That’s a tough set of requirements to deliver, and with the increasingly tough demand for a solution that’s capable of keeping up with the urgency most businesses have to deal with these days, you can’t just work with any service.

Level 3 isn’t just any service – they are the providers of a serious business network that can be used to create a comprehensive end-to-end network solution. But that’s just the least of what they can do for you.

What Level 3’s private line service does is give you the option of working with a network that will be more than just a service provider – the service can be developed into a powerful network partnership that will continue to help your company as it develops from a startup venture into a top-tier corporation. Thanks to its scalable service, Level 3 will help you connect to your network in a manner that’s easy to reconfigure once your needs change along the way.

A secure, facilities-based network

Level 3 owns a large network backbone. That’s a given for any communications service, but what makes Level 3 unique is that it owns the largest facilities-based network, giving them control over every aspect of their network’s performance.

What this does for you is give you the chance to customize your own network’s settings. When they build your network, they pattern it after theirs because they want all of their consumers to experience the same integral private line network they experience.

The one thing most people worry about when procuring the services of a networking giant, is that when you need to scale up or scale down the service you have, you might experience some difficulties with your current provider – or even have to switch carriers altogether.

This isn’t the case with Level 3. They are dedicated to your business, and realize that as your business grows in age and size throughout the years, you will need to adjust the level of intranet service you require.

Level 3 has adjusted their services to anticipate changes in your service requirements, to easily support your growth. If you need to change from a T1 connection to a DS3 private line, Level 3 will be able to comply with your request with very little difficulty.

Comprehensive support

Because they understand that you might not have the resources to build your own private line network, Level 3 gives you the option to let them design and build your network. On a stretch, you can even get them to manage your network for you.

If that wasn’t enough, Level 3’s customer support service is one of the best and most sophisticated in the industry. They are capable of helping you sort out intricate network problems you may experience with your private line, and provide a service guarantee that assures you are working with some of the best and most dedicated network experts the company has to offer.

Posted in Level 3, Private Line | No Comments »