Sunday, April 16, 2006

Level 3 to Acquire ICG Communications

Level 3 Communications will acquire ICG Communications, Inc., a privately held Colorado-based telecommunications company, for $163 million in stock and cash.

ICG primarily provides transport, IP and voice services to wireline and wireless carriers, Internet service providers and enterprise customers. ICG's network has over 2,000 metro and regional fiber miles in Colorado and Ohio and includes approximately 500 OPs. ICG serves more than 1,600 customers.

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