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Level 3 Buys Sprint Wholesale Dial Internet Business

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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...Read full article

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    Published: October 2004
    CommunicationsInternet accessLevel 3network servicesNews & FeaturesSprintwholesale dial IP

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