news


Regulators Approve Global Crossing-Level 3 Merger

U.S. regulators have approved the merger between Level 3 Communications and Global Crossing, the companies announced Thursday.

Level 3 and Global Crossing said the U.S. Department of Justice and Federal Communications Commission have approved the deal.

Broomfield, Colo.-based Level 3 expects to close on the acquisition as early as next week.

The $3 billion merger will create a global communications company with ownership over networks in more than 50 countries and connections to more than 70 nations, and Level 3 has said the acquisition would allow it to better serve enterprises, content providers, carriers and governments throughout North America, Latin America and Europe.


Leave a comment

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Polls

In our Channel Influencer Awards digital issue, we highlighted eight technologies ready to "take off" in the channel this year. Which two will take off the most?

View Results

Loading ... Loading ...
The ID is: 83922