B/OSS - Global Crossing

Global Crossing Merger: Level 3 Needs to Avoid Past Mistakes

Level 3's previous acquisitions haven't always gone smoothly. ...More

May 7, 2012 By Josh Long

Posted in News

Logical potential targets for Level 3 include Colt Group S.A., Inteliquent and XO Communications, as well as a so-called sale-and-lease-back pact with Sprint Nextel Corp. ...More

April 4, 2012 By Josh Long

Posted in News

Level 3 Completes Global Crossing Acquisition

Level 3 anticipates that a 1-for-15 reverse stock split will be effective after the close of trading on Oct. 19, 2011, and the company expects to begin trading on the NYSE the next day. ...More

October 4, 2011 By Josh Long

Posted in News

Regulators Approve Global Crossing-Level 3 Merger

Broomfield, Colo.-based Level expects to close on its acquisition of Global Crossing in just days. ...More

September 29, 2011 By Josh Long

Posted in News

Sprint, AT&T, Verizon Shares Slide on Awful Day for Wall Street

Sprint’s shares fared the worst among the Big 3: down 59 cents, or nearly 16 percent, from Friday. ...More

August 8, 2011 By Josh Long

Posted in News

Level 3, Global Crossing Shareholders Approve Merger

The companies still expect the deal to close before the end of the year. ...More

August 4, 2011

Posted in News

XO: Level 3, Global Crossing Merger to Create 'Global Colossus'

XO asserts that Level 3, post-merger, will become a gargantuan Internet backbone provider with an incentive to end peering arrangements with the carrier and other network providers for the settlement-free exchange of Web traffic. ...More

July 12, 2011 By Josh Long

Posted in News

Level 3, Global Crossing: Merger Presents No Competition Concerns

U.S. regulators don’t need to impose specific conditions in order to approve the merger or conduct an extended review of the transaction, Global Crossing and Level 3 wrote in their FCC application. ...More

June 14, 2011 By Josh Long

Posted in News

Global Crossing Expands Security Features for Enterprise Networks

The new security features include a firewall, intrusion prevention service, Web-content filtering and antivirus and anti-spam capabilities. ...More

May 19, 2011

Posted in News, Revenue Management

Level 3 To Buy Global Crossing for $3 Billion