Last $42.09 USD
Change Today +0.20 / 0.48%
Volume 579.0K
LVLT On Other Exchanges
Symbol
Exchange
New York
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As of 11:39 AM 08/20/14 All times are local (Market data is delayed by at least 15 minutes).

level 3 communications inc (LVLT) Snapshot

Open
$41.89
Previous Close
$41.89
Day High
$42.12
Day Low
$41.87
52 Week High
07/29/14 - $49.22
52 Week Low
08/21/13 - $21.91
Market Cap
10.0B
Average Volume 10 Days
2.0M
EPS TTM
$1.23
Shares Outstanding
238.3M
EX-Date
--
P/E TM
34.3x
Dividend
--
Dividend Yield
--
Current Stock Chart for LEVEL 3 COMMUNICATIONS INC (LVLT)

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level 3 communications inc (LVLT) Details

Level 3 Communications, Inc., together with its subsidiaries, operates as a facilities-based provider of a range of integrated communications services primarily in North America, Latin America, Europe, the Middle East, and Africa. The company provides core network services, including transport services comprising wavelengths, private lines, transoceanic services, and dark fiber, as well as related professional services; and colocation and data center services, such as cloud, hosting, and application management solutions. It also offers Internet protocol (IP) and data services comprising high speed IP, Internet access, virtual private network, content delivery network, media delivery, Vyvx broadcast, converged business network, and security services; local and enterprise voice services consisting of voice over IP enhanced local service, SIP trunking, local inbound, primary rate interface, long distance, and toll free services; and collaboration services, such as audio, Web, and video conferencing services. In addition, the company provides wholesale voice services, including long distance voice termination and toll free services. It primarily serves enterprises, multinational customers, portals and large search enterprises, regional service providers, systems integrators, and software service providers; online gaming providers, social networking providers, technology companies, and companies that provide video over the Internet; media conglomerates, programmers, studios and production companies, and broadcast station ownership groups; sports teams, and stadiums and venues; governments; and carriers, voice service providers, wireless providers, and broadband cable television operators. Level 3 Communications, Inc. was founded in 1884 and is headquartered in Broomfield, Colorado.

10,000 Employees
Last Reported Date: 02/27/14
Founded in 1884

level 3 communications inc (LVLT) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $2.8M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $1.7M
Regional President of North America & APAC
Total Annual Compensation: $1.2M
Regional President of Latin America
Total Annual Compensation: $762.1K
Compensation as of Fiscal Year 2013.

level 3 communications inc (LVLT) Key Developments

Satellite Information Services Selects Level 3 Communications, Inc.'s Video Cloud

Level 3 Communications, Inc. has announced Satellite Information Services, or SIS, has selected Level 3's Video Cloud. Level 3 will be working to power existing and future rights-based online streaming and live TV broadcasts, which will be sent to SIS' clients around the world. SIS has been in the global betting and broadcast industries for more than 25 years and is rapidly developing its business in the digital space. By working with Level 3, the company will be able to increase available services from its traditional channel offering to include digital broadcast products and services where customers can subscribe to specific events or races. This additional offering will not only create a new revenue stream for SIS, but also will allow it to expand its customer base. SIS is using a number of services within the Level 3 Video Cloud, including content delivery network (CDN), video encoding, Vyvx broadcast and security services. Working with Level 3, SIS will be able to deliver optimum quality content for clients in the UK, Germany, Spain, the UAE, Russia, Poland, Turkey, Azerbaijan, Australia, the Caribbean islands, Greece and Cyprus.

Commonwealth of Massachusetts Adds Level 3 Communications, Inc. to Statewide ITT46 Network Services Contract

Level 3 Communications, Inc. announced the company is now an authorized vendor as part of the Commonwealth of Massachusetts ITT46 network services contract. The statewide contract allows Level 3 to offer its network connectivity and communications services directly to a range of public sector agencies, enhancing their infrastructure and capabilities to improve operations and streamline delivery of critical information and services. Similar to many enterprises, state agencies, educational institutions and local governments across Massachusetts face increasingly complex demands to update, manage and protect their communications infrastructure in a more efficient and effective manner. By contracting with Level 3, these entities can tap into its network scale and technology expertise to keep pace and improve productivity, while also reducing network costs and management needs under a single, pre-approved vendor contract. As part of ITT46, Level 3 offers voice, data, video and network security services via its global fiber-optic network with connectivity to Commonwealth buildings throughout the state, including data center facilities in Boston, Worcester and Springfield, Massachusetts. These services are designed to provide institutions statewide with the capabilities to support high-demand applications, such as storage virtualization, Big Data analytics, cloud computing and multi-media content distribution. They also offer a platform for future growth to ensure that the network infrastructure established can easily expand to meet the future needs of the local workforce and constituents. Specific services offered by Level 3 under the ITT46 contract include: SIP, Voice over IP, E911, unified communications, Ethernet, wavelengths, collocation, Dedicated Internet Access, Virtual Private Network, DDoS, managed security and professional services.

Level 3 Communications Inc. to Sell $600 Million in Corporate Debt Notes it Plans to Use to Refinance Some TW Telecom Inc. Debt

Level 3 Communications Inc. will sell $600 million in corporate debt notes it plans to use to refinance some TW Telecom Inc. debt after the proposed $7.3 billion deal to combine the companies is completed. The new, fixed-rate senior notes will be sold, with proceeds held in escrow until the TW Telecom transaction is completed. The notes, which are scheduled to mature in 2022, will be sold via private offer to qualified institutional buyers. The gross proceeds from the offering will reduce the outstanding bridge loan commitment Level 3 has in place with certain financial institutions in connection with refinancing certain TW Telecom Inc. indebtedness. If the proceeds cannot be used to refinance TW Telecom debt before June 15, 2015, Level 3 will use the proceeds in escrow to redeem the new debt notes. The overall deal's value reaches $7.3 billion including TW Telecom's $1.6 billion in corporate debt. The transaction still needs to clear regulatory and shareholder approval. Level 3 announced the expanded executive team that the combined company will have.

 

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Industry Analysis

LVLT

Industry Average

Valuation LVLT Industry Range
Price/Earnings 62.5x
Price/Sales 1.6x
Price/Book 5.9x
Price/Cash Flow 10.7x
TEV/Sales 0.2x
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