News for Level 3 Communications Inc.
Feb 23 · 10:16:00 AM · Source: Company Press Release
Level 3 Communications, Inc. today announced the hiring of Daniel
Sjoberg as vice president of Strategy, Business Development and Marketing for
European Markets. Sjoberg is based at the company's European headquarters in
London and reports to James Heard, president of European Markets. Sjoberg brings
more than 20 years of experience in telecommunications and strategy to Level 3.
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by Larry Etter
Feb 11 · 9:30:00 AM · Source: Company Press Release
Level 3, an internet services company, said it lost $182 million, or 11 cents per share, during the fourth quarter that ended Dec. 31. It earned $43 million a year ago, but that translated into a loss of 4 cents per share because a $78 million gain from an early debt repayment didn't count toward per-share results. Revenue fell 12 percent to $924 million from $1.05 billion a year earlier.
Despite the overall decline, the company said it did see continued improvement in customer buying behavior during the fourth quarter, which contributed to sequential growth in core network services sales
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by Larry Etter
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