Level 3 Communications had a net $78 million...
Level 3 Communications had a net $78 million loss in Q1, an improvement on its $138 million net loss at the same time in 2012. The company said Thursday its total revenue for Q1 was $1.58 billion, a slight drop…
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from the $1.59 billion in revenue it received during the same period in 2012. Level 3 was able to keep its revenue basically even because of rising revenue in its core network services business -- that business made $1.37 billion in revenue, up year-over-year from $1.35 billion in 2012. The company’s wholesale voice services and other revenue made $205 million in revenue for the quarter, down year-over-year from $236 million in 2012. Level 3 said it expects its core network services business to continue to grow at a stronger clip than it did in 2012 (http://bit.ly/13xodOL).