Continuing its push to decentralize its business markets group and take fuller advantage of its metro fiber assets, Level 3 Communications (NYSE:LVLT, news, filings) has turned its attention to Atlanta. The company will add capacity throughout the reason and start bringing on net more of the 15,000 businesses its fiber already passes. Level 3 has long had a major presence in Atlanta, but mainly at the wholesale and network operations level. However, their metro assets in the area are quite extensive, having been assembled from their own original metro build and additonal assets acquired with Telcove, Progress Telecom, and Looking Glass Networks. On the other hand, Atlanta has one of the more competitive local fiber markets in the country, such that I even had to give it its own page on my metro maps list the other day.
So since October 1, Level 3 has added Atlanta, New York, Chicago, Vermont, Miami, and Philadelphia. There are still quite a few large concentrations of metro fiber out there for them to act on: the rest of Pennsylvania comes to mind, as do the former ICG assets in Ohio.
In their Q3 earnings call, the company said that business markets sales in the first 5 (Nashville, Denver, Upstate NY, Seattle, and Washington DC) such markets was up strongly, and they are trying to capitalize on that momentum. There are only so many areas where traction has been improving for Level 3, so the faster the better.
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