Level 3 said it is purchasing substantially all of the assets and customer contracts owned by the operating subsidiaries of Genuity.
As part of the transaction, Level 3 has negotiated commercial agreements with both Verizon and America Online, Genuity’s largest customers.
Level 3 will operate its newly acquired managed IP services business in Woburn under the name Genuity Managed Services. As part of this transaction, Level 3 has assumed most of Genuity’s existing customer contracts.
For more information, visit: www.level3.com