Level 3 Shares Cheaper Than a Cup of Coffee

Level 3 Communications this morning reported a narrower-than-expected third-quarter net loss and revenue that — at $1.07 billion — was in line with analysts’ expectations. But even that wasn’t enough to satisfy investors, who have now pushed the share price below $1 to as low as 60 cents. You can now have a double shot of espresso from Starbucks or buy three shares of Level 3. Read More about Level 3 Shares Cheaper Than a Cup of Coffee

Structure 08 Update: Level 3 CEO Jim Crowe to Keynote

Structure 08It’s been awhile since I’ve provided an update on our upcoming conference, Structure 08, which will be held at San Francisco’s Mission Bay Center on June 25. We’ve been busily adding speakers and further finessing the agenda to address some of today’s biggest technology themes — such as cloud computing — and their impact on the web infrastructure.

Today I am very excited to announce that Jim Crowe, chairman and CEO of Level 3 Communications, will deliver a keynote speech at the conference. He joins our two other stellar keynote speakers: Werner Vogels, CTO of Amazon.com, and Sun Microsystems’ CTO Greg Papadopoulos.

Taken together, the three of them will present a holistic view of the web infrastructure, its challenges and, most importantly, its opportunities. Crowe can offer a view of the web from a bandwidth perspective, Papadopoulos can address the challenges from a hardware perspective, while Vogels can provide the context as to why cloud computing is the obvious way forward for the tech industry. We will be announcing more speakers and a full schedule for Structure 08 over the next week or so. In the meantime, here’s how you can sign up.

Crowe: Online Video Will Keep Fiber’s Future Full

Given its proximity to the Broomfield, Colo., headquarters of Level 3, there’s always a good chance that the Silicon Flatirons telecom conference will get a visit from Jim Crowe, Level 3’s CEO. He made the short drive up Hwy. 36 on Monday afternoon for a well-reasoned talk about long-term trends in communications that had several key takeaways, including one that says demand for online video means backbone service providers won’t be going out of business anytime soon.

As one of the bigger communications infrastructure providers, Level 3 knows itself some Internet video — according to Crowe, IP-based video today accounts for between 60 and 70 percent of all the traffic on Level 3’s fiber. Read more over at GigaOM.

Paul Kapustka, former managing editor for GigaOM, now has his own blog at Sidecut Reports.

Crowe: Online Video Will Keep Fiber’s Future Full

Given its proximity to the Broomfield, Colo., headquarters of Level 3, there’s always a good chance that the Silicon Flatirons telecom conference will get a visit from Jim Crowe, Level 3’s CEO. He made the short drive up Hwy. 36 on Monday afternoon for a well-reasoned talk about long-term trends in communications that had several key takeaways, among them:

  • Internet video use is here to stay, and will only increase going forward
  • Bundling services with devices is yesterday’s strategy
  • Legislators and regulators are right to be concerned about the potential for monopolistic practices by AT&T, Verizon and cable companies
  • Net Neutrality violations could be handled better by the FTC than the FCC

Read More about Crowe: Online Video Will Keep Fiber’s Future Full