Mark Evans :: Level 3’s Q4 results: good news, bad news I’ve done enough to point out what level3 is doing. With what I’m hearing I think they have some light at the end of the tunnel, but it won’t be the next few months.
Basically Level3 is shedding telco type of business, but ratcheting up their network and data business allowing others to ride on their network, but they won’t be the supplier of many of the features they used to offer.
This in business is called focus. They already have a network that spans the globe, making them along with AT&T one of the few which can offer that.
I think the stock is still in trouble, but I also think the company is in better shape and has more focus now than they did say six months ago.