Monday, 24 July 2017

Level 3 completes Global Crossing acquisition

By Nick Wood, Total Telecom
Tuesday 04 October 11

Merger to generate around $300 million of EBITDA synergies over next 18 months; Global Crossing CEO departs.

Level 3 announced on Tuesday it has completed the acquisition of rival carrier Global Crossing, a deal that has bolstered both the company's network footprint and its balance sheet. "With the closing of our acquisition of Global Crossing, Level 3 is a very different company," said a statement from Level 3 chief executive James Crowe…

Level 3 announced on Tuesday it has completed the acquisition of rival carrier Global Crossing, a deal that has bolstered both the company's network footprint and its balance sheet. "With the closing of our acquisition of Global Crossing, Level 3 is a very different company," said a statement from Level 3 chief executive James Crowe…

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