Estimates schmestimates, those projections are relying on certain projects in the USA to take place, which will certainly be impacted by Sandy. In the past 2 months Level 3 has sold over 200Gbps of capacity ranging from 20-55c/Mbps, how can that equate to that level of profit? ~100k/month is certainly a decent income boost, but nowhere near their current expectations?<br>
<br><div class="gmail_quote">On Fri, Nov 16, 2012 at 10:36 PM, Mick O'Rourke <span dir="ltr"><<a href="mailto:mkorourke+ausnog@gmail.com" target="_blank">mkorourke+ausnog@gmail.com</a>></span> wrote:<br><blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex">
<div>Level 3 - seem to have been in right place at the right time plus what seems a good stable strategy of growth through acquisition. </div><div><br></div><div>The level3 P/E ratio is interesting <a href="http://www.nasdaq.com/symbol/lvlt/pe-ratio" target="_blank">http://www.nasdaq.com/symbol/lvlt/pe-ratio</a></div>
<div><br></div><div>What's been their most successful in your opinion MMC?</div><div class="HOEnZb"><div class="h5"><div class="gmail_extra"><br><br><div class="gmail_quote">On Fri, Nov 16, 2012 at 11:47 AM, Matthew Moyle-Croft <span dir="ltr"><<a href="mailto:mmc@mmc.com.au" target="_blank">mmc@mmc.com.au</a>></span> wrote:<br>
<blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex"><div dir="auto"><div>Level3 has been successful where its an owner not a buyer. </div><div><div><br>On 15/11/2012, at 16:32, Chris Ricks <<a href="mailto:chris.ricks@securepay.com.au" target="_blank">chris.ricks@securepay.com.au</a>> wrote:<br>
<br></div></div><blockquote type="cite"><div><div>
<div>They could by some on SXC though,
surely?<br>
<br>
On 16/11/12 11:28, Matthew Moyle-Croft wrote:<br>
</div>
</div><div><div><blockquote type="cite">I can't see Level3 as a buyer - to make sense they'd
have to get submarine capacity to hook it into their global
network.
<div class="gmail_extra"><br>
<br>
<div class="gmail_quote">On Thu, Nov 15, 2012 at 3:51 PM, Chris
Ricks <span dir="ltr"><<a href="mailto:chris.ricks@securepay.com.au" target="_blank">chris.ricks@securepay.com.au</a>></span>
wrote:<br>
<blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex">
<div bgcolor="#FFFFFF" text="#000000">
<div>With Level 3's credit rating, financing the deal may
be the problem.
<div>
<div><br>
<br>
On 16/11/12 10:40, Zone Networks - Joel wrote:<br>
</div>
</div>
</div>
<blockquote type="cite">
<div>
<div>
<div>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1f497d">Vocus
+ 1 </span><span style="font-size:11.0pt;font-family:Wingdings;color:#1f497d">J</span><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1f497d"></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1f497d"> </span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1f497d">Would
have been interesting to see Level 3 in Aus
though</span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1f497d"> </span></p>
<p class="MsoNormal"><b><span style="font-size:10.0pt;font-family:"Tahoma","sans-serif"" lang="EN-US">From:</span></b><span style="font-size:10.0pt;font-family:"Tahoma","sans-serif"" lang="EN-US"> <a href="mailto:ausnog-bounces@lists.ausnog.net" target="_blank">ausnog-bounces@lists.ausnog.net</a>
[<a href="mailto:ausnog-bounces@lists.ausnog.net" target="_blank">mailto:ausnog-bounces@lists.ausnog.net</a>]
<b>On Behalf Of </b>Skeeve Stevens<br>
<b>Sent:</b> Friday, 16 November 2012 10:28 AM<br>
<b>To:</b> <a href="mailto:ausnog@lists.ausnog.net" target="_blank"><ausnog@lists.ausnog.net></a><br>
<b>Subject:</b> [AusNOG] Vocus to buy
NextGen/Infoplex/Metronode?</span></p>
<p class="MsoNormal"> </p>
<div>
<p class="MsoNormal">For those that aren't
subscribers to AFR (I'm not either!), here is
a story about NextGen and potentially Vocus
being involved.</p>
</div>
<div>
<p class="MsoNormal"> </p>
</div>
<div>
<p class="MsoNormal">If Vocus were, I'd say HELL
YES! and it would be an awesome fit, give them
new DC's and make them an awesome player.
Yes, everyone knows I'm a fan of Vocus, a lot
of us in the Service Provider game are... and
it would be amazing to see Vocus rise to this
level.</p>
</div>
<div>
<p class="MsoNormal"> </p>
</div>
<div>
<p class="MsoNormal">I'm really NOT a fan of TPG
having both Pipe Networks and NextGen (as
someone who designs infrastructure). The same
reason goes for Telstra and Optus not having
it. Maybe the ACCC would stop TPG buying it
as well (let's hope).</p>
</div>
<div>
<p class="MsoNormal"> </p>
</div>
<div>
<p class="MsoNormal">I've heard a few things at
different events in the last couple of weeks.
Apparently Level 3 are no longer interested -
too expensive for what it is.</p>
</div>
<div>
<p class="MsoNormal"> </p>
</div>
<div>
<p class="MsoNormal">I've also heard that the
price that Leightons wants to these assets
seem to be way more than what people are
prepared to pay.</p>
</div>
<div>
<p class="MsoNormal"> </p>
</div>
<div>
<p class="MsoNormal">...Skeeve</p>
</div>
<div>
<p class="MsoNormal"> </p>
</div>
<div>
<p class="MsoNormal">---</p>
</div>
<div>
<p class="MsoNormal"> </p>
</div>
<div>
<p class="MsoNormal">From the AFR: (<a href="http://www.afr.com/p/opinion/mixed_bag_of_contenders_mulls_leighton_DaVoj8N1t22wY0436jXHnI" target="_blank">http://www.afr.com/p/opinion/mixed_bag_of_contenders_mulls_leighton_DaVoj8N1t22wY0436jXHnI</a>)</p>
</div>
<div>
<p class="MsoNormal"> </p>
</div>
<div>
<div>
<p class="MsoNormal"><b>Mixed bag of
contenders mulls Leighton assets</b></p>
</div>
<div>
<p class="MsoNormal"> </p>
</div>
<div>
<p class="MsoNormal">PUBLISHED: 16 Nov 2012
PRINT EDITION: 16 Nov 2012</p>
</div>
<div>
<p class="MsoNormal"> </p>
</div>
<div>
<p class="MsoNormal">Edited by Sarah Thompson
and Anthony Macdonald</p>
</div>
<div>
<p class="MsoNormal"> </p>
</div>
<div>
<p class="MsoNormal">As the sale process for
Leighton Holding’s telecommunications assets
inches forward, there is no shortage of
theories on what kind of deal might emerge.</p>
</div>
<div>
<p class="MsoNormal"> </p>
</div>
<div>
<p class="MsoNormal">Leighton has engaged
Macquarie Capital to explore the sale of its
fibre network owner NextGen, managed
services provider Infoplex and data centre
business Metronode. Indicative bids are due
by the end of next week.</p>
</div>
<div>
<p class="MsoNormal"> </p>
</div>
<div>
<p class="MsoNormal">The latest unlikely
company to be thought to be involved is
Vocus Communications. With a market
capitalisation south of $130 million, it
seems very hopeful. It would clearly need a
bigger partner to fund any tilt at the
assets, which analysts say could fetch as
much as $1 billion.</p>
</div>
<div>
<p class="MsoNormal"> </p>
</div>
<div>
<p class="MsoNormal">Would a private equity
buyer be able to shore up funding amid a
weak macro-economic outlook and the
politically precarious state of the national
broadband network?</p>
</div>
<div>
<p class="MsoNormal"> </p>
</div>
<div>
<p class="MsoNormal">Only time will tell but
it seems safe to say that Vocus is a name to
keep an eye on. The small-cap data centre
provider is among a range of domestic telcos
and international private equity firms that
was handed an information memorandum last
month.</p>
</div>
<div>
<p class="MsoNormal"> </p>
</div>
<div>
<p class="MsoNormal">Vocus would bring local
expertise to the table in any partnership
with an offshore buyer, and its management
has high ambitions.</p>
</div>
<div>
<p class="MsoNormal"> </p>
</div>
<div>
<p class="MsoNormal">Its shares have
outperformed the broader market, rising
about 22 per cent in 2012. Yesterday,
Perpetual increased its stake to 8.6 per
cent.</p>
</div>
<div>
<p class="MsoNormal"> </p>
</div>
<div>
<p class="MsoNormal">For Leighton, a
successful sale before Christmas could
alleviate pressures on its balance sheet
amid lingering concerns over further
write-downs.</p>
</div>
<div>
<p class="MsoNormal"> </p>
</div>
<div>
<p class="MsoNormal">TPG Telecom remains the
most plausible buyer given its strong
balance sheet, acquisitive owner David Teoh
and the fact that NextGen would complement
its existing fibre backhaul footprint.</p>
</div>
<div>
<p class="MsoNormal"> </p>
</div>
<div>
<p class="MsoNormal">iiNet will mull over a
potential bid at a board meeting next week
but is still considered a long shot. Telstra
and Optus could consider Infoplex and
Metronode but would likely be blocked by the
competition regulator in any move
for NextGen.</p>
</div>
<div>
<p class="MsoNormal"> </p>
</div>
<div>
<p class="MsoNormal">The Australian Financial
Review</p>
</div>
</div>
<div>
<p class="MsoNormal">-----</p>
</div>
<p class="MsoNormal"><br clear="all">
</p>
<div>
<p class="MsoNormal" style="margin-bottom:12.0pt"> </p>
</div>
<div>
<p class="MsoNormal"><b><span style="font-size:10.0pt;font-family:"Calibri","sans-serif"">Skeeve
Stevens, CEO - </span></b><span style="font-size:10.0pt;font-family:"Calibri","sans-serif"">eintellego
Pty Ltd</span></p>
</div>
<div>
<div>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Calibri","sans-serif""><a href="mailto:skeeve@eintellego.net" target="_blank">skeeve@eintellego.net</a> ; <a href="http://www.eintellego.net/" target="_blank">www.eintellego.net</a><span></span></span></p>
<p style="margin:0cm;margin-bottom:.0001pt"><span style="font-size:10.0pt;font-family:"Calibri","sans-serif"">Phone:
1300 753 383; Cell <a href="tel:%2B61%20%280%29414%20753%20383" value="+61414753383" target="_blank">+61
(0)414 753 383</a> ; <a>skype://skeeve</a></span></p>
<p style="margin:0cm;margin-bottom:.0001pt"><span style="font-size:10.0pt;font-family:"Calibri","sans-serif""><a href="http://facebook.com/eintellego" target="_blank">facebook.com/eintellego</a> ; <a href="http://linkedin.com/in/skeeve" target="_blank">linkedin.com/in/skeeve</a> </span></p>
<p style="margin:0cm;margin-bottom:.0001pt"><span style="font-size:10.0pt;font-family:"Calibri","sans-serif""><a href="http://twitter.com/networkceoau" target="_blank">twitter.com/networkceoau</a> ;
blog: <a href="http://www.network-ceo.net/" target="_blank">www.network-ceo.net</a></span></p>
</div>
</div>
<div>
<div>
<div>
<div>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Calibri","sans-serif";color:#7f007f"><img border="0"></span></p>
</div>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Calibri","sans-serif";color:#7f007f">The
Experts Who The Experts Call</span><span style="font-family:"Calibri","sans-serif""></span></p>
</div>
<div>
<div>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Calibri","sans-serif";color:#002060">Juniper
- Cisco – IBM - Brocade - Cloud</span><span style="font-size:10.5pt;font-family:"Calibri","sans-serif";color:#7f007f"></span></p>
</div>
<div>
<div>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Calibri","sans-serif";color:#002060">-----</span><span style="font-size:10.5pt;font-family:"Calibri","sans-serif";color:#7f007f"></span></p>
</div>
<div>
<p class="MsoNormal"><span style="font-family:"Calibri","sans-serif";color:#002060">Check
out our Juniper promotion website
for Oct/Nov! </span><span style="font-family:"Calibri","sans-serif""><a href="http://eintellego.mx/" target="_blank"><span style="font-size:10.0pt">eintellego.mx</span></a></span></p>
</div>
<div>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Calibri","sans-serif"">Free
Apple products during this
promotion!!! </span><span style="font-family:"Calibri","sans-serif""></span></p>
</div>
</div>
</div>
</div>
</div>
<p class="MsoNormal"> </p>
</div>
<br>
<fieldset></fieldset>
<br>
</div>
</div>
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