Level 3 subsidiary lands big contract - Denver Business Journal:

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The Broomfield-based telecom (NASDAQ: didn’t identify the customert due to a confidentiality thecompany said. The contract covere an “array of products and services across the Levelp3 network” and may be extended beyon 20 years, according to a company filinh with the Securities & Exchange Commission on The announcement comes six days afterf The Wall Street Journal, citing confidentialp sources, reported Level 3 was in early-stage talksa with Sprint-Nextel to use Level 3’sw long-haul broadband network, possibly through a joinft venture formed by the companies.
Level 3 hasn’ft confirmed any talks, and it’s not clear whethetr Wednesday’s contract announcement has any connection. But news of the contractt does indicate the company is attractingy business from larger telecoms as growing Interne t use drives more demand forbroadbanc capacity. In March, Level 3 landed a 10-year deal from Telefonica InternationalWholesale Services, based in Madrid, Spain, to handlee Telefonica’s broadband traffic that crosses through the United Statees from its 250 million customers in Europe and South Level 3 is in an ideal position to providr services when other telecome need to ensure capacity, said Skip a Level 3 spokesman.
“Bottom line is, we own our own he said. “These sort of things are what we do, and what we do