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Level 3 maintains lead over Verizon amid roiling competitive Ethernet segment

March 11, 2016

With tw telecom firmly under its belt, Level 3 has maintained its lead over Verizon and a host of traditional competitive providers in the Ethernet race.

The service provider’s movement was clearly reflected in its fourth quarter earnings where it reported that core network services (CNS) revenues rose 6 percent year-over-year to $1.94 billion from $1.89 billion. Within the CNS segment Enterprise was the clear star with revenues jumping 6 percent to $1.4 billion.

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