Wednesday, April 7, 2010 as of 11:14 AM ET
Level 3 Communications () is a telecommunications and Internet service provider headquartered in Broomfield, Colorado.
Read More at Wikipedia ›Real estate and telecommunications company Connexion Technologies filed for Chapter 11 bankruptcy Thursday with the intention to sell itself after DirecTV Group Inc.
(DTV) terminated its contracts with the company, pushing the already cash-depleted Connexion over the edge.The Cary, N.C. company, which claimed between $100 million and $500 million in debts and fewer than $500,000 worth of assets, asked the court Friday to approve $4 million in bankruptcy financing from the UniCredit Bank's (BUNC.UR) New York branch so that it can continue to operate during its Chapter 11 case.It said it doesn't expect unsecured creditors--which include DirecTV and Level 3 Communications (LVLT), both are owed over $1 million--to receive any payout.Connexion blamed a number of issues that came to a head in February for its financial situation.Founded in 2002, the company expanded very quickly. Connexion's main business, purchasing telecommunications rights on properties like apartment complexes, improving...A controversial proposal for Internet traffic rules that would allow providers to ration access to their networks is scheduled to come before communications regulato...
By Jasmin MelvinWASHINGTON (Reuters) - U.S. telecommunications regulators proposed freeing up more airwaves for wireless services to meet the expanding use of handhe...
Netflix's broadband partner is in dispute with Comcast over who should pay to handle an expected surge in online videos piped over the cable company's network, The W...
By Sinead CarewNEW YORK (Reuters) - Comcast Corp and Level 3 Communications, a key network partner of Netflix Inc, launched into a vicious public battle over fees Co...
We break down the latest batch of housing numbers and what they mean for the market.
FOX Business: The Power to ProsperThe markets were deep in the red as tumbling commodity prices weighed on energy and material shares.Today's MarketsAs of 12:16 p.m....
FOX Business: The Power to ProsperEnergy and materials stocks struggled the most in chopping trading after many commodities sold off on the day. Today's MarketsThe D...
FOX Business: The Power to ProsperThe blue chips shed early gains and closed slightly in the green as traders eyed crude prices sliding 2.5% and the start of earning...
FOX Business: The Power to ProsperThe markets shed early gains and dipped slightly into negative territory as traders eyed crude sliding 2.5% and the beginning of ea...
Internet content delivery company Level 3 Communications Inc plans to buy smaller rival Global Crossing Ltd for about $1.9 billion in a stock deal, as it looks to wr...
Despite narrowing its fourth-quarter loss and striking a partnership with Netflix (NASDAQ:NFLX), shares of Level 3 Communications (NASDAQ:LVLT) tumbled more than 7% ...
Communications regulators were poised to adopt Internet traffic rules on Tuesday that would allow providers to ration access to their networks.Federal Communications...
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