Broomfield, Colorado – (The Hosting News) – January 19, 2007 – Colocation, VoIP, and Internet backbone company, Level 3 Communications, was featured at the Citigroup 17th Annual Entertainment, Media and Telecommunications Conference in Las Vegas.
Kevin O’Hara, President and Chief Operating Officer of Level 3 Communications, Inc., made an investor presentation, available in a webcast at the investor relations section of Level 3’s web site.
Citigroup Inc. is a financial services company, with over 200 million customer accounts in more than 100 countries. Its history dates back to the founding of Citibank in 1812, Bank Handlowy in 1870, Smith Barney in 1873, Banamex in 1884, and Salomon Brothers in 1910. Other major brand names under Citigroup’s trademark red umbrella include Citi Cards, CitiFinancial, CitiMortgage, CitiInsurance, Primerica, Diners Club, The Citigroup Private Bank, and CitiCapital. Citigroup History The Citigroup timeline (1998-present) represents major events since Citicorp and Travelers merged in 1998. The global presence chart provides information about the establishment of Citigroup and its predecessors in the countries and territories where we do business.
Citigroup Inc. (NYSE:C) recently reported net income for the 2006 fourth quarter of $5.13 billion, or $1.03 per share. Results include previously disclosed charges of $415 million after-tax in Japan consumer finance to increase reserves and reposition the business. Return on common equity was 17.2%. For the full year 2006, net income was $21.54 billion, or $4.31 per share, and return on common equity was 18.8%.
Level 3 Communications, Inc., an international communications company, operates one of the largest Internet backbones in the world. Through its customers, Level 3 is the primary provider of Internet connectivity for millions of broadband subscribers. The company provides a comprehensive suite of services over its broadband fiber optic network including Internet Protocol (IP) services, broadband transport and infrastructure services, colocation services, voice services and voice over IP services. The services are designed to provide building blocks that enable Level 3’s customers to meet growing demands for advanced communications solutions.The principal components offered by Level 3’s (3)VoIP Enhanced Local service include network trunking, local telephone numbers, local number portability, the safety of E-911, operator assistance, caller ID, directory listings, and directory assistance. The service is designed to allow Level 3 customers to retain the flexibility to manage and control end-user features without the difficulties of implementing complex interconnection arrangements.
To learn more about the conference, please visit: www.level3.com/investor_relations/index.html.
For more information about Level 3, please visit: www.level3.com.