“In one instance this quarter, a number of Level 3 customers and Cogent customers were hurt, ... I apologize to both sets of customers...We recognize that we have an obligation to customers of the Internet and, in this instance, we contributed to letting them down.”
“[Investors have raised] honest, legitimate questions ... But we're near or already have hit bottom as an industry . . . we feel pretty good about the future.”
“Due to the unique strategic fit between the two companies and Level 3's past integration experience, we remain confident in our ability to successfully combine the businesses and conclude a smooth transition for customers. We commenced integration planning immediately after signing the definitive agreement in October, and we believe we are well positioned for a smooth integration process in keeping with our projected schedule.”
“This transaction represents a unique opportunity to expand Level 3's footprint in the southeastern region of the United States, where we have seen strong demand for our services.”
