Level 3 Communications Inc (LVLT.N)
|Market Cap (Mil.):||$10,961.49|
|Shares Outstanding (Mil.):||237.36|
(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.
(The following statement was released by the rating agency) CHICAGO, March 25 (Fitch) Fitch Ratings has published an updated recovery analysis for U.S. Telecommunication and Cable companies including the following: --Level 3 Communications, Inc. --Sprint Nextel Corp. The interactive recovery analysis worksheet is available at 'www.fitchratings.com' under the following headers: Sectors>> Corporate Finance >> Corporates >> Research Contact: David Peterson Senior Director +
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