Each holder of Class D Stock will retain all Class D Stock held prior to the exchange, and after the exchange, Class D Stock will automatically become the common stock of Level 3 Communications. The company is a leader in the construction, mining, telecommunications, and energy industries. Corporate headquarters are located in Omaha, Nebraska. About Level 3 Communications Level 3 Communications, Inc. is a telecommunications and information services company that has announced its plans to build and operate an advanced fiber optic network across the U.S. based on Internet protocol technology. Level 3 will focus primarily on the business market using its network to provide a full range of communications services including local, long distance and data transmission as well as other enhanced services and Internet access services.
Plans also call for the company to expand internationally.
The statements made by Level 3 in this press release may be forward looking in nature. Actual results may differ materially from those projected in forward looking statements. Additional information concerning these and other potential important factors can be found within Level 3's filings with the U.S. Securities and Exchange Commission. Statements in this release should be evaluated in light of these important factors. Inc. All rights reserved.