Rochester, NY 7/11/2009 1:43:30 AM
Afternoon Report - LVLT - Level 3 Communications Expands its Services through ImClone Systems - Sourced WhisperFromWallStreet.com
Level 3 Communications, Inc.
Afternoon Report - LVLT - Level 3 Communications Expands its Services through ImClone Systems - Sourced WhisperFromWallStreet.com
Level 3 Communications, Inc.,LVLT
60.28 Up 0.59 (0.99%) 1:00PM ET
Level 3 Communications, Inc. announced that it is expanding the communications services it provides ImClone Systems, a global biopharmaceutical company that is a wholly owned subsidiary of Eli Lilly and Company. Under the contract, Level 3, which currently provides data transport services to ImClone, will deliver colocation, internet access and internet based private network services (IP VPN) to ImClone`s locations in New York City (Branchburg, N.J. and Bridgewater, N.J.) and Heidelberg, Germany, as well as ImClone`s North American data center in Newark, N.J., and European data center in Frankfurt, Germany. To deliver these services, Level 3 will expand its fiber network to directly connect to ImClone`s two New Jersey locations and the NYC location.
Last Trade: 1.40
Day's Range: 1.37 - 1.40
52wk Range: 0.57 - 3.90
Volume: 2,851,236
ABOUT
Level 3 Communications, Inc. engages in the communications business in North America and Europe. It offers network and Internet services, including transport services, high speed Internet protocol services, dedicated Internet access, virtual private network services, and dark fiber services; and colocation services. The companys content distribution products and services comprise content delivery network, media delivery services, and fiber optic and satellite video transport services. Its switched services include VoIP Enhanced Local that launches IP-based local and long-distance voice services to residential and business customers; Local Inbound service that terminates traditional telephone network originated calls to Internet Protocol termination points; E-911 Direct comprising a fixed-location solution with network connections to public safety answering points and a solution for nomadic voice over IP providers; and One Plus, an automatic number identification based and carrier identification code based service, as well as a dedicated end-user service.
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