Time for a quick roundup of recent news from network providers:
Level 3 Communications (NYSE:LVLT, news, filings) won a deal with the protective coatings firm MetoKote. They’ll be providing IP VPN services in support of the multinational’s data and voice needs around the world. And also on the international front, Level 3 added some some sales muscle in the Middle East by reorganizing its relationship with the Apex Group. They’re moving from an outsourced to an insourced model, with six of Apex’s personnel in Dubai, Riyadh, and Beirut now reporting directly to Level 3 EMEA. Level 3 reports next week, with the markets continuing their vigil looking for signs of meaningful growth trends.
Hurricane Electric continued its network expansion, this time a bit closer to home after a series of Euro moves. They have now added a fifth location in New York, opening a new point of presence at Telx’s 111 8th Avenue facility. They’ll be bringing IPv4 and IPv6 connections from 100Mbps up to 100Gbps to Telx’s deep connectivity ecosystem.
And the Japanese giant NTT has tapped Voxbone to boost its SIP trunking capabilities at its Arcstar division. Voxbone is providing international access numbers for NTT outside of Japan itself, following a year-long vetting process. Voxbone has been gaining some momentum of late.
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Categories: Internet Backbones · VoIP
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Is LVLT still being ran like a ponzi scheme? Have they ever even made a profit yet or been cash flow positive in any year of their pathetic existence?