The owner of the world’s biggest telecom network got even bigger. Long-haul Internet provider Level 3 acquired rival TW Telecom for about $5.7 billion in cash and stock, merging the two companies’ base of business customers as consolidation sweeps the communications sector. Level 3 has spent more than $25 billion in the last 15 years buying companies and building assets to string together 180,000 miles of fiber optic cable bridging more than 60 countries, in an attempt to gain scale to better compete with giant rivals like AT&T Inc. and Verizon Communications Inc.
As its wholesale business shrinks, Level 3 has been seeking ways to bulk up its profitable segment serving corporate and government customers. The backbone serving its wholesale business is less profitable but physically much larger. That could lure more corporate customers by offering seamless links to Asia, Europe and Latin America.
Agents, please let your TW Telecom clients know about this change!!
Verizon High Bandwidth IDS Port Price Reduction Effective July 1, 2014
Verizon is introducing new pricing for high Internet Dedicated ports in the U.S. This pricing will be extended to new AND existing business customers who upgrade service, across all segments.
~Pricing for eligible Port Options: 100Mbps-1Gbps (burstable) and 200Mps- 1Gbps (tiered)
~Pricing decrease from 22% to 51% based on the customer’s present geography.
Agents: Re-visit previous opportunity losses due to pricing and re-bid!
Business Customers: Consider getting your free quote at NWMAP. Visit: https://nwmap.com/contact-us/request-quote
Check it out if you have low bandwidth but high usage!