Todd Underwood made his last post for Renesys the other day, with a perceptive yet dismal view of the wholesale bandwidth business - I recommend a read.  Wherever Todd winds up, I hope he finds a way to keep blogging, his voice on the subject of internet traffic has consistently been one of the best [...]

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They haven’t caused much of a stir, but Global Crossing (GLBC) has really been on the march in South America.  It’s not for lack of trying though, the company has issued a dozen PRs since the beginning of the second quarter alone that relate to events in the region.  Today’s deal with Minera Chinalco in [...]

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According to Ryan Lawler over at Contentinople, Verizon is poised to enter the CDN game. But Verizon doesn’t seem to plan on following the paths taken by AT&T or Level 3, they seem to have an entirely different approach in a partnership with Velocix.  The idea is that Verizon wants to efficiently distribute content [...]

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Juniper (JNPR), Infinera (INFN), and Level 3 Communications (LVLT) announced today that they will work together towards the eventual development of highly anticipated 100 Gigabit Ethernet technology, along with research networks Internet2 and ESnet.  Of course, we already knew that each was working on their own part of this, so one might wonder why we [...]

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Wow, while I was writing up my model, Level 3 dropped a bombshell.  The company announced commitments for $400M in debt from a group of holders ranging from top shareholders Southeast Asset Management and Fairfax on down to board members Walter Scott and Robert Julian.  Simultaneously, they issued tenders for their 2009 and 2010 convertible [...]

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Here is my updated Level 3 Communications (LVLT) model with projections for Q4 and onward into 2009 and 2010.  As with recent spreadsheets, this one is stored on Google Documents. I have included a summary page for Q4 and full year 2008 projections, but if you really want to see the details or further [...]

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It was only two weeks ago that Sprint said it would in fact rejuvenate the Nextel network rather than sell it.  Now a court has given them 12 months to shut it down in 81 markets mostly in the Midwest due to conflicts in their affiliate agreement with iPCS.  Even assuming that Sprint manages to [...]

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Hello All, thejuice here. I wanted to update a previous set of blogs regarding Cogent (CCOI). As previously indicated, I purchased a group of next gen carriers when their EV/Ebitdas got in the 3.5 range. One of those names, Cogent was of particular interest to me as I believed that management needed

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