Tuesday, June 13, 2006

Level 3 Still Hungry for Fiber?

R. Scott Raynovich and Mark Sullivan write on Light Reading:

Level 3 Communications Inc. is on the prowl for more acquisitions, and it’s getting more serious about buying another metro service provider, according to Light Reading sources.

Two leading candidates are AboveNet Inc. and XO Communications Inc., according to one reliable source familiar with the talks, who asked to remain anonymous. And a number of analysts say that Level 3 could be looking at up to half a dozen candidates.

More here.

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