Level 3 sees traffic, stock surge on Web video

12/21/2006 | Wall Street Journal, The

Level 3 Communications, a fiber-optic network operator that escaped bankruptcy when the Internet bubble burst, is experiencing a resurgence born of Internet video. More than half the traffic on Level 3's network is now Web video -- and that has led share prices to nearly double in the past year.

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Wall Street Journal, The

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