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Level 3 Communications Inc (LVLT.N)

LVLT.N on New York Stock Exchange

60.06USD
21 Apr 2017
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LVLT.N

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About

Level 3 Communications, Inc. is a provider of a range of integrated communications services. The Company's operating segments include North America, EMEA and Latin America. The North America includes operations in Atlanta, Georgia; Littleton, Colorado; Miami, Florida; Montreal, Canada; New York, New York; Phoenix, Arizona;... (more)

Overall

Beta: 1.23
Market Cap(Mil.): $21,702.39
Shares Outstanding(Mil.): 361.35
Dividend: --
Yield (%): --

Financials

U.S. FCC scraps most business data service regulations

WASHINGTON The U.S. Federal Communications Commission voted on Thursday to effectively deregulate the $45 billion business data services market in a win for companies like AT&T Inc , CenturyLink Inc and Verizon Communications Inc that will likely lead to price hikes for many small businesses.

21 Apr 2017

UPDATE 2-U.S. FCC scraps most business data service regulations

WASHINGTON, April 20 The U.S. Federal Communications Commission voted on Thursday to effectively deregulate the $45 billion business data services market in a win for companies like AT&T Inc, CenturyLink Inc and Verizon Communications Inc that will likely lead to price hikes for many small businesses.

20 Apr 2017

BRIEF-Ohio, Utah approve merger of Centurylink and Level 3 Communications

* Centurylink - Ohio, Utah approve the merger of Centurylink and Level 3 Communications; merger also received regulatory clearance from State of Nevada

14 Feb 2017

BRIEF-Centurylink -refiled pre-merger notification under Hart-Scott-Rodino antitrust improvements act of 1976 related to Level 3 acquisition

* Centurylink -refiled pre-merger notification under hart-scott-rodino antitrust improvements act of 1976 in connection with previously-announced acquisition of level 3

13 Jan 2017

BRIEF-Centurylink Inc - plans to use net cash proceeds from divestiture to partly fund acquisition of Level 3 Communications

* Centurylink Inc - currently projects that net cash proceeds from data centers and colocation divestiture will be approximately $1.5 billion to $1.7 billion

08 Nov 2016

PRESS DIGEST- Wall Street Journal - Nov 3

Nov 3 The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

03 Nov 2016

Fitch Places CenturyLink's 'BB+' IDR on Negative Watch on Proposed LVLT Acquisition

(The following statement was released by the rating agency) CHICAGO, October 31 (Fitch) Fitch Ratings has placed the 'BB+' Long-Term Issuer Default Ratings (IDRs) of CenturyLink Inc. (CenturyLink) (NYSE: CTL) and its subsidiaries on Rating Watch Negative. The rating action affects approximately $19.9 billion of debt outstanding as of June 30, 2016. Fitch has affirmed the Long-Term IDRs of Level 3 Communications, Inc. (LVLT) and its wholly owned subsidiary Level 3 Financing, Inc. (Level 3 Fin

01 Nov 2016

UPDATE 2-CenturyLink to buy Level 3 Communications for $19.43 bln

Oct 31 Telecom company CenturyLink Inc said on Monday it would buy Level 3 Communications Inc in a cash-and-stock deal for an equity value of $19.43 billion to expand its fiber optic network and high-speed data services.

31 Oct 2016

BRIEF-CenturyLink to acquire Level 3 Communications for about $34 bln

* Glen Post will serve as CEO and President and Sunit Patel will serve as CFO for combined company

31 Oct 2016

BRIEF-Level 3 Q3 earnings per share $0.40

* Level 3 Communications Inc - now expect capital expenditures to be approximately 16 percent of total revenue for full year 2016

31 Oct 2016

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