tw telecom

Level 3 Communications Acquires tw telecom

Two wonderful companies are going to become one big awesome company. Colorado-based Level 3 Communications, Inc. and tw telecom, also based in CO, announced that they have entered into a definitive agreement, intended to qualify as a tax-free reorganizationwhereby Level 3 will acquire tw telecom in a stock-and-cash transaction valued at $40.86 per share based on market close as of June 13, 2014.

From their joint press release:

"The combination leverages the highly complementary strengths of the two companies to create a stronger, more nimble, customer service-oriented competitor to meet customers’ increasingly complex local, national and global communications needs."

I'm an agent in good standing with both companies. Have been for years. I have clients with services from both companies. For my small business clients, tw telecom offers better customer service. While Level 3 is a strong, good company, they are known for just showing up and doing their job and not for add-on services and customer service. For this reason, I hope the acquisition generates a gigantic tw telecom and not a faceless Level 3.

tw telecom CEO says the following in the press release:

Dynamic Ethernet Bandwidth

Last month one of Caisson's best-in-class business phone and Internet service provider, tw telecom launched a new service that allows customers via "MyPortal" the ability to "turn up" bandwidth on-demand and then ramp it back down when the demand subsides. This will enable customers to increase their CIR to the maximum bandwidth they require.

This is optimal for large file transfers (nightly backups), seasonal network traffic, or any industry that sporadically transfers large files (medical, financial, engineering, etc.)

If your interested in finding out if your business qualifies for this service give us a call: 206-420-0140.