tag: level-3

Level 3 is spending $6.7bn on the deal

Level 3 spends $5.7bn on US network

Networking specialist Level 3 Communications has agreed to make an acquisition move on US-focused enterprise networking firm tw telecom for $5.7bn. The deal values tw at approximately $7.3bn, including the assumption of approximately $1.6bn of net debt.

Microsoft, Apple, Twitter and Google are among eight cloud firms calling for widespread reforms in US intelligence gathering techniques

Privacy group points finger at telcos over GCHQ spying

Pressure group Privacy International has filed formal complaints against several telcos for helping British spy agency GCHQ in its mass interception of data and voice traffic passing through undersea fibre optic cables.

This time around AT&T has set its sights on a far smaller fish

Level 3 picks up Global Crossing in $3bn deal

International fibre network operator Level 3 Communications on Tuesday agreed to acquire rival carrier Global Crossing in a stock for stock transaction valued at approximately $3bn.

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