Level 3 Buys FibreSpan to Bolster London Metro Network, Hedge Fund Services

Mark Ryder, Level 3 Communications

Fiber network provider Level 3 Communications has acquired FibreSpan -- a UK-based network carrier specializing in dark fiber and ultra-high bandwidth "fiber-to-door" connectivity services for media companies in Central London -- for an undisclosed sum, to boost its offering for London-based hedge fund clients seeking connectivity to market data vendors on Level 3's network.

Officials confirm that FibreSpan is now a wholly-owned subsidiary of Level 3, but decline to provide specific details of t

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