BOSTON -- Genuity helped bring the Internet into the world. But now its baby is all grown up, and the company may soon join the long line of telecom bankruptcies. The Woburn, Massachusetts-based ...
Genuity, a high-speed Internet services provider, on Wednesday said it filed for bankruptcy protection and agreed to sell its assets for about $242 million to Level 3 Communications, a rival backed by ...
Internet backbone provider Level 3 Communications has agreed to acquire the bulk of the assets of network provider Genuity, which has filed for bankruptcy, the companies announced Wednesday. Level 3 ...
NEW YORK (CBS.MW) - Telecommunications stocks recovered from Tuesday's losses, as U.S. stocks got a boost from a flurry of positive economic data. Level 3 Communications rose after announcing it will ...