Close

Search

Search Menu
Photonics Media Photonics Marketplace Photonics Spectra BioPhotonics EuroPhotonics Vision Spectra Photonics Showcase Photonics ProdSpec Photonics Handbook

Level 3 Buys Sprint Wholesale Dial Internet Business

Facebook Twitter LinkedIn Email Comments
BROOMFIELD, Colo., Oct. 1 -- Level 3 Communications Inc. today announced it has acquired the wholesale dial Internet access business of Sprint Corp.

Level 3 will pay $34 million in cash to acquire the business, which provides dial-up Internet access to leading ISPs throughout the US. It said the transaction will permit it to expand its managed modem footprint into select secondary and tertiary markets not currently served by the Level 3 network.

Sprint plans to continue providing dial IP services to its enterprise and small-business customers as part of its remote access service product offering. Under a separate agreement, Level 3 will provide Sprint with wholesale dial IP network services in support of this service.

Level 3 and Sprint have entered into a transition services agreement for the migration of customers onto the Level 3 network, which Level 3 expects to complete in mid-2005. Level 3 said it expects the acquired business to generate positive cash flow from operations in 2005.

For more information, visit: www.level3.com


Photonics.com
Oct 2004
CommunicationsInternet accessLevel 3network servicesNews & FeaturesSprintwholesale dial IP

Comments
back to top
Facebook Twitter Instagram LinkedIn YouTube RSS
©2021 Photonics Media, 100 West St., Pittsfield, MA, 01201 USA, [email protected]

Photonics Media, Laurin Publishing
x We deliver – right to your inbox. Subscribe FREE to our newsletters.
We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.