Tag: Level 3
It is imperative for chief information officers (CIOs) to focus on implementing digital transformation. A report from Level 3 Communications, Inc. and IDG Connect, says digital transformation is a key focus for organisations across key Western Europe markets, with 60% of current IT investment designed to support future business expansion and growth. Meanwhile, almost two-thirds (64%) […]
As part of its $34bn acquisition by Level 3 Communications, US telco CenturyLink is offloading 57 data centers to a consortium of private equity firms for around $2.15bn. This consortium, led by BC Partners and Medina Capital, have also announced their acquisition of Brainspace, a machine-learning and analytics outfit from Texas, and plan to combine […]
(Reuters) – Telecommunications company CenturyLink Inc said it would buy Level 3 Communications Inc in a cash-and-stock deal with an equity value of about $24 billion to expand its fiber optic network and high-speed data services for business clients. The combination will put CenturyLink in a better position to compete bigger rivals such as AT&T […]
Level 3 Communications and Google announced they have reached a new multi-year, settlement-free interconnection agreement between their global backbone networks that will help both companies meet their customers’ needs into the next decade and beyond. The new arrangement is centered around the concept of bit mile balance, in which both parties commit to carrying equitable […]
Why are the large connectivity solutions providers such as Level 3 Communications so well placed in the Connected World? I recently spoke at the ETIS gathering about the Business Performance Gap that is one of the great paradoxes of the Connected World. The paradox goes like this: Communications Service Providers (CSPs) may very well be […]
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