Yesterday, Level 3 put another new product out there for the enterprise marketplace. But this one leverages other people's networks, specifically LTE wireless networks.
It's a carrier-neutral secure cellular service aimed both at backing up VPN connectivity and providing a means for quick expansion to new locations. No need to wait for the cable or telco guy to install lines before you open the doors. LTE isn't going to replace that last mile fiber, but it definitely does provide an interesting supplement.
It has now been just about a year since Level 3 closed the tw telecom deal, and I'll be interested to see what Q3 numbers look like next week. There was apparently some headcount reduction at the end of September, suggesting it was finally time for them to derive some significant SG&A synergies after taking the integration process very carefully all year. Not fun for those affected, but I'm amazed they waited almost a full year.
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