Broadwing Inc. has found a buyer for its troubled broadband unit: privately held C III Communications LLC. C III, whose investors include St. Louis-based Cequel III and Columbia, Md.-based Corvis Corp ...

Broadwing Inc. announced yesterday that it agreed to sell its $4 billion long-distance venture for $129 million in cash to C III Communications LLC, a company partly owned by Columbia-based Corvis ...

The events of Sept. 11 cast a pall over the economy, but some telecom investors thought they spied a silver lining. They foresaw a spike in broadband demand, as videoconferencing and other Web-based ...

AUSTIN, Texas--(BUSINESS WIRE)--July 25, 2006--Broadwing Corporation (NASDAQ: BWNG), today announced that the Company's Board of Directors has appointed Stephen E. Courter as the Chief Executive ...

Broadwing CEO Rick Ellenberger, buffeted by a sea of disgruntled shareholders at his company's annual meeting April 29, blamed the company's poor stock performance on a "perfect storm" of factors that ...

Marguerite Reardon started as a CNET News reporter in 2004, covering cellphone services, broadband, citywide Wi-Fi, the Net neutrality debate and the consolidation of the phone companies. Level 3 ...

DENVER — Network operator Level 3 Communications Inc. took another step in its transformation Tuesday by announcing a $1.4-billion cash-and-stock deal to acquire Broadwing Corp., which sells ...

Broadwing this week plans to extend its new managed security portfolio with a service designed to mitigate viruses and spam. Broadwing this week plans to extend its new managed security portfolio with ...

Combination Will Further Leverage Level 3's Nationwide Network Acquisition Expected to be Adjusted OIBDA Positive in 2007 and Cash Flow Positive in 2008 Purchase Price of Approximately $1.4 Billion in ...