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)
Volume may be lower on Irene impact (Penny Stock DD, 8/28/11)
The Cities With The Best And Worst Public Transportation (Wall Street Sector Selector, 5/12/11)