The Vyvx division over at Level 3 Communications (NYSE:LVLT, news, filings) has added a PoP way down in Johannesburg, South Africa. They’re responding to demand for video content both generated in and delivered to the country. Telemedia is the first announced customer, gaining access to a global audience for its content.
Despite having the largest economy on the continent, South Africa’s position at the southern tip of the least connected region on the planet has long limited its bandwidth options. But with all the new cables that have come online (or soon will) along both the eastern (SEACOM, EASSy) and western (WACS, GLO-1, ACE, Main One) coasts of Africa, they’ve been getting a lot closer in a virtual sense.
Hence, while they cite demand as the reason to expand to Johannesburg, I’m sure that opportunity was a piece of the puzzle as well. There are simply so many more pipes (and larger ones) available to transport the data, offering more pricing flexibility and diverse routing.
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Categories: Internet Backbones · Undersea cables · Video
here’s a novel idea, how bout sweat’n the assets they have instead of creating more that will just lie dormant with idle capacity for years to come.
I think if someone presented a Moon POP to the LVLT Capital Review Board, it would get approved.
New tagline: Level 3, we never met a build-out we couldn’t justify.
Speaking of the Moon…that is exactly where this stock is headed! I take back all the bad things I have said about this company (except for that Charlatan Crowe of course).
$30 by mid September…
you had to stoke the fires, didn’t you. Now we’re going to have to have Carlk climb out of his hole to tell us how great LVLT is.
the key question is, will carlk come out of groundhog hole as a bear on the stock given his need to counteract his boy ABC.
i’d say his obsessive undying love and loyalty to this dog and his need to continue posting incoherent encrypted messages about level 3 the NSA couldn’t crack will prove much stronger.
You are all on crack
There’s our boy!
I admit that I’m a fool, because I sold my last 1,000 shares of LVLT at 25. Stop making fun of me. Level 3 is no loner the love of my life.
no wonder the stock is lifting.
i think we have an imposter…his smug mug icon not there