Level 3 Communications Inc (LVLT.N)
30 Sep 2014
|Market Cap (Mil.):||$10,897.17|
|Shares Outstanding (Mil.):||238.29|
(The following statement was released by the rating agency) Link to Fitch Ratings' Report: U.S. Telecom and Cable Stats Quarterly (First-Quarter 2014) http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=750788 CHICAGO, June 30 (Fitch) Level 3 Communications, Inc.'s (LVLT) merger with TW Telecom, Inc. increases LVLT's scale and focus on high margin enterprise account revenues while increasing the company's overall competitive position and ability to capture incremental mar
- Level 3 Communications Inc will buy internet services provider tw telecom Inc for more than $5.6 billion in cash and stock to expand its commercial fiber network in the United States.
* Companies expect to close deal in fourth quarter (Adds details, updates shares)
- Telecommunications services company Level 3 Communications Inc said it would buy internet services provider tw telecom Inc for $40.86 per share in cash and stock to expand its commercial fiber network in the United States.
June 16 - Telecommunications services company Level 3 Communications Inc said it would buy internet services provider tw telecom Inc for $40.86 per share in a cash and stock deal.
(The following statement was released by the rating agency) CHICAGO, June 02 (Fitch) Fitch Ratings has upgraded the Issuer Default Rating (IDR) assigned to Level 3 Communications, Inc. (LVLT) and its wholly owned subsidiary Level 3 Financing, Inc. (Level 3 Financing) to 'B+' from 'B'. In addition Fitch has upgraded specific issue ratings assigned to LVLT and Level 3 Financing as outlined at the end of this release. The Rating Outlook has been revised to Stable. Approximately $8.4 billion o
April 30 - Telecom network provider Level 3 Communications Inc raised its forecast for 2014 adjusted EBITDA growth and free cash flow after reporting a much better-than-expected quarterly profit.
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