Excluding its acquisition of Global Crossing in October 2011 and not counting its discontinued coal mining operations, Level 3's fourth-quarter revenues grew to $934 million from $904 million in the year-ago period. ...More
The Top 20 was determined by the popularity of stories read by subscribers to the Channel Partners weekly newsletter. Windstream-PAETEC, XO Communications, M&A and various awards dominated the list. ...More
Following its acquisition of Global Crossing, Level 3 tapped Michael Jerich to head up the combined indirect channel, which has been made a standalone unit. Jerich talks in depth about the future in this Channel Partners interview. ...More
November 8, 2011 By Khali HendersonPosted in Articles
In the last quarter, Level 3 lost $207 million, or $1.75 per share, on a split-adjusted basis, before the global communications carrier implemented a 1-for-15 reverse stock split last month and transferred its shares to the New York Stock Exchange. ...More
Michael Jerich, the former vice president of channel sales for Global Crossing, will head up the new combined channel programs. In addition, Level 3 confirmed it plans to honor all agent agreements it acquired from Global Crossing. ...More
In this edition of the Business Value Toolbox News Desk, Channel Partners' Craig Galbraith takes a close look at some stellar forecasts for cloud services; plus, why IT spending overall isn't quite as rosy.