Level 3 Parent

Level 3 Parent (formerly Level 3 Communications) is an international communications company developing IP transit networks. The company offers fiber-based infrastructure and data center solutions, IP-based voice and data communications, wide-area Ethernet services, video and content distribution, security solutions, and cloud-based solutions.

Employee Rating

3More
TypeSubsidiary
Parent CompanyLumen
HQBroomfield, US
Founded1998
Websitelevel3.com
Level 3 Parent was founded in 1998 and is headquartered in Broomfield, US

Viewing summary data as a guest

Sign up for free to see all data

Level 3 Parent Office Locations

Level 3 Parent has offices in Broomfield, Albany, Albuquerque, Allen and in 137 other locations
Broomfield, US (HQ)
1025 Eldorado Blvd
Albany, US
Albany, NY, USA
Albuquerque, US
Albuquerque, NM, USA
Allen, US
Allen, TX, USA
Anderson, US
Anderson, MO 64831, USA
Arlington, US
Arlington, TX, USA
Show all (141)

Level 3 Parent Financials and Metrics

Summary Metrics

Founding Date

1998

Total Funding

$13.7 m

Investors

In total, Level 3 Parent had raised $13.7 m. Level 3 Parent is a subsidiary of Lumen

Level 3 Parent Revenue

Embed Graph
View revenue for all periods
Level 3 Parent's revenue was reported to be $8.19 b in FY, 2019
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

8.2b8.3b8.2b8.2b

Revenue growth, %

(1%)1%(1%)

Cost of goods sold

4.1b4.2b3.9b3.8b

Gross profit

4.1b4.1b4.3b4.4b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

2.0b2.1b2.1b2.1b2.1b2.0b2.0b2.0b2.1b2.0b1.9b

Cost of goods sold

1.0b1.0b1.0b998.0m980.0m976.0m967.0m919.0m960.0m876.0m

Gross profit

1.0b1.0b1.0b1.1b1.1b1.0b1.1b1.1b1.1b1.1b

Gross profit Margin, %

50%51%50%52%52%51%53%54%53%56%
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

1.8b297.0m243.0m316.0m

Accounts Receivable

712.0m761.0m712.0m667.0m

Current Assets

2.7b3.1b3.0b2.8b

PP&E

10.1b9.4b9.5b9.9b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Cash

1.9b1.1b2.3b259.0m282.0m188.0m217.0m228.0m1.2b239.0m1.5b

Accounts Receivable

712.0m707.0m750.0m729.0m748.0m715.0m699.0m771.0m718.0m737.0m793.0m

Prepaid Expenses

294.0m

Current Assets

2.8b3.0b3.1b3.1b3.1b3.0b3.0b3.1b3.8b2.8b4.0b
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

677.0m284.0m341.0m(3.2b)

Depreciation and Amortization

1.2b1.3b1.7b1.6b

Accounts Payable

83.0m(67.0m)(37.0m)(134.0m)

Cash From Operating Activities

2.3b2.2b2.4b2.7b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Net Income

95.0m249.0m406.0m62.0m102.0m190.0m(3.6b)(3.5b)(3.4b)113.0m289.0m

Depreciation and Amortization

320.0m650.0m983.0m431.0m864.0m1.3b390.0m779.0m1.2b416.0m821.0m

Accounts Payable

42.0m(17.0m)(10.0m)(18.0m)(100.0m)(64.0m)(48.0m)(53.0m)(72.0m)22.0m5.0m

Cash From Operating Activities

539.0m1.1b1.8b571.0m1.0b1.6b483.0m1.1b1.8b395.0m1.2b
USDFY, 2016

Revenue/Employee

648.6k

Debt/Equity

1 x

Debt/Assets

0.4 x

Financial Leverage

2.3 x
Show all financial metrics

Level 3 Parent Operating Metrics

FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017FY, 2017FY, 2018

Countries

60 60 60 60 60

Customers

52 k52 k52 k52 k52 k51 k51 k50 k49 k48 k47 k

Fiber Miles

64 k67 k69 k69 k

Markets

350 350 350 350
Show all operating metrics

Level 3 Parent Revenue Breakdown

Embed Graph

Level 3 Parent revenue breakdown by business segment: 18.0% from Voice and Collaboration, 33.3% from Transport and Infrastructure, 48.6% from IP and Data Services and 0.1% from Other

Level 3 Parent revenue breakdown by geographic segment: 9.0% from Latin America, 9.1% from EMEA and 82.0% from North America

Level 3 Parent Online and Social Media Presence

Embed Graph

Level 3 Parent News and Updates

Cloud Content Delivery Network (CDN) 2019 Global Market Key Players – Akamai Technologies, Amazon Web Services, Limelight Networks, CDNetworks, Google, Level 3 Communications, Verizon Communications, Alcatel-Lucent, Tata Communications – Analysis and Fore

WiseGuyRerports.com Presents “Global Cloud Content Delivery Network (CDN) Market 2019 by Company, Regions, Type and Application, Forecast to 2024” New Document to its Studies Database Posted via Industry Today. Follow us on Twitter @IndustryToday

Content Delivery Network (CDN) Market 2019 Global Analysis By Key Players – Google, Akamai Technologies, Limelight Networks, Level 3 Communications, Amazon Web Services

WiseGuyReports.Com Publish a New Market Research Report On –“ Content Delivery Network (CDN) Market 2019 Global Analysis By Key Players – Google, Akamai Technologies, Limelight Networks, Level 3 Communications, Amazon Web Services”. Posted via Industry Today. Follow us on Twitter @IndustryToday

Cloud Content Delivery Network (Cdn) 2018 Global Market Key Players - Limelight Networks, Inc., Level 3 Communications, CacheFly, Fastly, Inc., Amazon Web Services, Inc.Google, Inc.......

Cloud Content Delivery Network (Cdn) – Global Market Growth, Opportunities, Analysis of Top Key Players and Forecast to 2023 Posted via Industry Today. Follow us on Twitter @IndustryToday

Level 3 Parent Blogs

CenturyLink to Expand Network Infrastructure in Mesa Arizona Gateway Area

MESA, Ariz.,Sept. 24, 2019 – To support growing commercial, industrial and residential developments in Mesa Arizona’s Gateway area, CenturyLink, Inc. (NYSE: CTL) will expand its network...

Frost & Sullivan Recognizes CenturyLink with the 2019 Latin America Enterprise Services Company of the Year Award

For a second consecutive year, Frost & Sullivan awarded CenturyLink, Inc. (NYSE: CTL) its prestigious Latin America Company of the Year Award for Enterprise Services, recognizing CenturyLink for...

Communications Workers of America ratify agreement with CenturyLink

CenturyLink, Inc. (NYSE: CTL) announced today that Communications Workers of America (CWA) District 7 members have voted to ratify a new contract. "CenturyLink is pleased that the CWA ratified the...

CenturyLink to Present at the 2019 Goldman Sachs 28th Annual Communacopia Conference

Jeff Storey, president and CEO, CenturyLink, Inc. (NYSE: CTL) will present at the 2019 Goldman Sachs 28th Annual Communacopia Conference in New York, NY., on Sept. 18. The presentation is...

The Army of Network-Based Threats Continues to Advance

Cyberthreats are escalating faster than many organizations can identify, block and mitigate them. Visibility into the expanding threat landscape is imperative, but according to a new threat report...

CenturyLink Announces Pricing of Private Offering of Level 3 Financing Senior Notes

Global technology leader CenturyLink, Inc. (NYSE: CTL) announced that Level 3 Financing, Inc., its indirect, wholly owned subsidiary ("Level 3 Financing"), has agreed to sell $1 billion aggregate...
Show more

Level 3 Parent Frequently Asked Questions

  • When was Level 3 Parent founded?

    Level 3 Parent was founded in 1998.

  • How many employees does Level 3 Parent have?

    Level 3 Parent has 11,300 employees.

  • What is Level 3 Parent revenue?

    Latest Level 3 Parent annual revenue is $8.2 b.

  • What is Level 3 Parent revenue per employee?

    Latest Level 3 Parent revenue per employee is $724.3 k.

  • Who are Level 3 Parent competitors?

    Competitors of Level 3 Parent include Akamai, icosnet and Ascenty.

  • Where is Level 3 Parent headquarters?

    Level 3 Parent headquarters is located at 1025 Eldorado Blvd, Broomfield.

  • Where are Level 3 Parent offices?

    Level 3 Parent has offices in Broomfield, Albany, Albuquerque, Allen and in 137 other locations.

  • How many offices does Level 3 Parent have?

    Level 3 Parent has 141 offices.