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Level 3 to Acquire Progress Telecom for $137M

BROOMFIELD, Colo., Jan. 31, 2006 -- Level 3 Communications Inc. has agreed to acquire all of the membership interests of Progress Telecom LLC, a regional wholesale network services company based in St. Petersburg, Fla., which is jointly owned by Progress Energy Inc. and Odyssey Telecorp Inc. Under...Read full article

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