Telecom Stock Roundup: T-Mobile US to Give Away Shares & Freebies to Customers, Verizon Makes Second Bid for Yahoo
Zacks Equity Research - Zacks Investment Research - Thu Jun 09, 4:36PM CDT
Last week has been pretty eventful for the telecom industry.
T: 40.35 (+0.02), YHOO: 36.68 (-0.15), LVLT: 51.78 (-0.49), ERIC: 7.38 (-0.02), S: 3.73 (+0.02), TMUS: 42.21 (+0.28), CMCSA: 62.64 (-0.16), VZ: 52.75 (+0.08), NOK: 5.65 (+0.04)
AT&T (T) Expansion Plans on Track, 400G Prospects Bright
Zacks Equity Research - Zacks Investment Research - Thu Jun 09, 8:52AM CDT
AT&T (T) has had a solid run so far in the U.S Ethernet market, thanks to the company's extensive Ethernet footprint expansion.
T: 40.35 (+0.02), LVLT: 51.78 (-0.49), CMCSA: 62.64 (-0.16), CTL: 26.98 (+0.02)
Level 3 Communications to Shut Down Legacy Voice Service
Zacks Equity Research - Zacks Investment Research - Wed Jun 08, 8:56AM CDT
Level 3 Communications Inc. (LVLT) has sought permission from the FCC to discontinue its legacy voice services based on outdated TDM technology.
LVLT: 51.78 (-0.49), S: 3.73 (+0.02), BT: 29.40 (-0.86), VZ: 52.75 (+0.08), ORAN: 16.43 (-0.17)
Level 3 Awarded Extension on GSA's Networx Enterprise Contract
PR Newswire - Wed Jun 01, 7:00AM CDT
Level 3 Communications (NYSE: LVLT) today announced the General Services Administration (GSA) has awarded the company an extension on its Networx Enterprise contract. The contract allows Level 3 to bid on and deliver telecommunications solutions to support the GSA's goal of providing federal agencies access to a broad range of domestic and international network services.
LVLT: 51.78 (-0.49)
Level 3 Communications Rises 1.31% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Thu May 26, 2:07PM CDT
Level 3 Communications (NYSE:LVLT) traded in a range yesterday that spanned from a low of $52.58 to a high of $53.62. Yesterday, the shares gained 1.3%, which took the trading range above the 3-day high of $53.42 on volume of 577,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
LVLT: 51.78 (-0.49)
Level 3 Takes Security to the Network and Leverages the Cloud to Defend Customers
PR Newswire Europe - Wed May 25, 7:01AM CDT
The Launch of Next-generation Enterprise Security Gateway Helps Enterprises Reduce IT Complexity, Streamline Costs and Improve Performance
LVLT: 51.78 (-0.49)
CivilianJobs.com Recognizes Level 3 as a 2016 Most Valuable Employer (MVE) for Military® Winner
PR Newswire - Tue May 24, 7:00AM CDT
Level 3 Communications, Inc. (NYSE: LVLT) has been recognized as a Most Valuable Employer (MVE) for Military® by CivilianJobs.com, where America's military connects with civilian careers, for the fourth year in a row. The MVE recognition serves to help military-experienced job seekers and veterans identify the top employers to target for civilian careers.
LVLT: 51.78 (-0.49)
Level 3 to Present at the J.P. Morgan Global Technology, Media and Telecom Conference
PR Newswire - Mon May 23, 7:00AM CDT
Jeff Storey, president and CEO at Level 3 Communications, Inc. (NYSE: LVLT), will present at the J.P. Morgan Global Technology, Media and Telecom Conference on May 24 in Boston. The investor presentation will begin at approximately 3 p.m. ET.
LVLT: 51.78 (-0.49), JPM: 63.73 (-0.11)
Top Three Cloud Drivers are Cost Savings, Disaster Recovery and Need for Scalability
PR Newswire - Tue May 10, 7:00AM CDT
A new Level 3 Communications, Inc. (NYSE: LVLT) study, conducted by HIMSS Analytics and designed to understand cloud use, trends and preferred vendors among healthcare organizations, was released today. The 2016 Cloud Survey is a blinded, web-based quantitative study that includes perspective from more than 100 IT decision makers at medium to large-sized hospital systems and hospital corporate offices across the United States.
LVLT: 51.78 (-0.49)
Telecom Stock Roundup: American Tower Posts Strong Q1 while Charter Communications Disappoints, Sprint Posts a Mixed Bag
Zacks Equity Research - Zacks Investment Research - Thu May 05, 3:32PM CDT
The last week looked like a bad spell for the telecom sector. Most of the major telecom stocks lost value, in line with the broader market (the S&P 500) movement.
FTR: 4.92 (-0.19), LVLT: 51.78 (-0.49), S: 3.73 (+0.02), AMT: 109.61 (+0.82), CHTR: 225.28 (+1.75), BCE: 45.87 (-1.05), TEF: 9.61 (-0.11), TWC: 209.56 (-0.44), AAPL: 97.45 (-1.38), VIV: 12.06 (+0.01), CHT: 34.64 (-0.25)
Level 3 Statement on FCC Action to Unlock $45 Billion Business Data Services Market
PR Newswire - Thu Apr 28, 4:00PM CDT
Level 3 Communications (NYSE: LVLT) issued the statement below in reaction to steps taken at today's Federal Communications Commission (FCC) meeting to unlock the market for business data services (formerly known as "special access" services).
LVLT: 51.78 (-0.49)
Three Key Takeaways from 2016 AFCEA Defense Cyber Operations Symposium (Video)
PR Newswire - Thu Apr 28, 3:30PM CDT
As one of the leading events for the government's defense sector, the 2016 AFCEA Defense Cyber Operations Symposium (DCOS) showcased a variety of presentations and panels featuring government officials, industry executives and academics. In this video, David Young, regional vice president of the Government Markets Group (GMG) at Level 3 Communications, Inc. (NYSE: LVLT), recaps some of the key takeaways from the annual show:
LVLT: 51.78 (-0.49)
Level 3 Communications Rises 2.02% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Thu Apr 28, 2:32PM CDT
Level 3 Communications (NYSE:LVLT) traded in a range yesterday that spanned from a low of $53.40 to a high of $56.11. Yesterday, the shares gained 2.0%, which took the trading range above the 3-day high of $54.31 on volume of 1.8 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
LVLT: 51.78 (-0.49)
EarthLink Appoints David B. Zimmer as SVP of Carrier Services
GlobeNewswire - Thu Apr 28, 1:00PM CDT
EarthLink (EarthLink Holdings Corp.), (NASDAQ:ELNK), a leading network services provider dedicated to delivering great customer experiences, today announced the appointment of David B. Zimmer as SVP Carrier Services. Zimmer will provide leadership and oversight to the Carrier Business Unit, with full P&L responsibilities across the Carrier, Transport and Wholesale businesses.
LVLT: 51.78 (-0.49), ELNK: 6.66 (+0.01)
Level 3 Communications (LVLT) Q1 Earnings, Revenues Lag
Zacks Equity Research - Zacks Investment Research - Thu Apr 28, 9:04AM CDT
Level 3 Communications Inc. (LVLT) reported weak financial results in the first quarter of 2016 wherein both the top and the bottom line lagged the Zacks Consensus Estimate.
FNSR: 16.99 (-0.37), LVLT: 51.78 (-0.49), DISH: 52.69 (-0.78), ADTN: 18.70 (-0.13)
Level 3 Communications (LVLT) Misses Q1 Earnings & Revenues
Zacks Equity Research - Zacks Investment Research - Thu Apr 28, 7:54AM CDT
Level 3 Communications Inc. (LVLT) presently leads the U.S. Ethernet market, along with AT&T.
LVLT: 51.78 (-0.49)
Spherix Files Complaint for Patent Infringement Against Level 3 Communications, TW Telecom, and Fairpoint Communications Inc.
PR Newswire - Thu Apr 28, 7:00AM CDT
Spherix Incorporated (Nasdaq: SPEX) -- an intellectual property development company committed to the fostering and monetization of intellectual property and the advancement of technology, today announced that the Company has filed two lawsuits for the infringement of intellectual property formerly owned by Nortel Networks. The cases were filed in the U.S. District Court for the District of Delaware against Level 3 Communications, TW Telecom and Fairpoint Communications Inc. The infringement claims relate to U.S. Patent No. RE40,999 ("the '999 patent"
LVLT: 51.78 (-0.49), SPEX: 2.20 (-0.16)
Level 3 misses Street 1Q forecasts
Automated Insights - Thu Apr 28, 6:51AM CDT
BROOMFIELD, Colo. (AP) _ Level 3 Communications Inc. (LVLT) on Thursday reported first-quarter net income of $124 million.
LVLT: 51.78 (-0.49)
Akamai (AKAM) Beats Q1 Earnings and Revenue Estimates
Zacks Equity Research - Zacks Investment Research - Wed Apr 27, 8:33AM CDT
Akamai Technologies Inc. (AKAM) reported better-than-expected first-quarter 2016 results.
NFLX: 94.75 (+1.00), LVLT: 51.78 (-0.49), AKAM: 52.52 (-0.21), AAPL: 97.45 (-1.38)