Monday, September 24, 2007

Level 3 Communications # 1 Chad Schrepper

In the late 1990's the strategy of the Level 3 Communications was to was to meet the demand of the fiber optic capacity due to its growth rate of 1,000 percent a year. Level 3 Communications was established by Crowe because the " demand will far outstrip the supply for the foreseeable future. The company was funded by a number of wealthy investors including Crowe. The overall goal was to raise money, rapidly build a high capacity fiber optic network that linked many cities in the United States, and cut prices to attract demand from major users of fiber optic networks.

No comments: