Level 3 CFO: expect to continue to grow the business in 2012
CFO Sunit Patel commented: "We expect to continue to grow the business in 2012, with Core Network Services revenue continuing to grow sequentially. The growth in high margin Core Network Services revenue combined with cost synergies are expected to drive solid growth in Adjusted EBITDA. From the starting point of the company's $1.216B of consolidated Adjusted EBITDA in 2011, we expect Adjusted EBITDA to grow 20%-25% for 2012 compared to 2011. Adjusted EBITDA from both periods include acquisition-related expenses." :theflyonthewall.com
Level 3 selected by NBC and NFL to deliver Super Bowl in High Definition
Level 3 will provide live, high definition television broadcast video services to NBC for Super Bowl XLVI on Feb. 5, using Level 3's Vyvx VenueNet+ technology. This marks the 23rd consecutive year Level 3's Vyvx VenueNet+ delivers the event. :theflyonthewall.com
Level 3 IP services selected by Typhon for its international data center
Level 3 Communications announced that hosting company Typhon has selected Level 3 to provide high-speed IP services connecting Typhon's international data center operations. The new agreement expands the three-year relationship between the companies, during which Level 3 has been serving as Typhon's primary IP transit provider in Europe and the U.S. :theflyonthewall.com
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