Recently the DOJ has asked Level 3 for more information about its proposed purchase of Global Crossing, and XO has filed objections claiming the deal would create a ‘global colossus’ that would dominate the Tier 1 backbone market and damage the competitive environment. It seems odd to me that a sector that has suffered from some of the toughest pricing pressures in the industry for a decade would be so delicately balanced that it would swing the other way with one deal, but then the Tier 1 backbone peering/transit system has always been an odd place that nobody really understands. What do you think?
Poll: Will the LVLT/GLBC deal damage the IP transit marketplace?
July 14th, 2011 by Rob Powell · 6 Comments
More on this topic (What's this?)
Market Astrology: Silver Breakout Update (Wall Street Sector Selector, 7/13/11)
Company Update (NYSE:F): 2014 Ford Transit Connect Wagon Gains in Popularity, Contributes to Name... (Jutia Group, 8/14/14)
Genocide of Christians is apparently not front page news! (List) (The Political and Financial Mark..., 8/17/14)