Level 3 Completes WilTel Acquisition in Record Time

Sector:Wholesale Telecom Services - Global, Business Network Services - U.S.

Pages:4

Publisher:Current Analysis

Level 3 Completes WilTel Acquisition in Record Time

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Description:

Level 3 has completed its acquisition of WilTel less than two months after the deal was announced. This merger will form a larger carrier, but will not solve Level 3's fundamental problems of high debt, negative cash flow, and excess competition.