Thursday, July 26, 2007

Level 3 loss narrows; sales outlook below views

(Reuters) - NEW YORK, July 26 - Level 3 Communications Inc. on Thursday reported a smaller quarterly loss on higher revenue, but the telecommunications carrier forecast full-year sales below analysts' expectations.



Level 3, whose shares fell 7 percent in early electronic trading, is a communications and Internet backbone provider, and offers a large network of interconnected routes covering the U.S. and Europe.


Read more at Reuters.com Market News

No comments: