Level 3 Communications acquires Global Crossing Limited
Today, Level 3 Communications (NASDAQ: LVLT) has agreed to acquire Global Crossing Limited (NASDAQ: GLBC). The combined company will feature a fiber optic network and services platform operating in over 50 countries and 3 continents, and connectivity to an additional 20 countries, generating over $6 billion in total revenues, and unique capabilities to serve local, national and global customers in a multiple markets including enterprise, government, wholesale, content, and web-based customers with a comprehensive offering of end-to-end data, video and voice solutions. Read full press release.
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