Level 3 Communications, Inc. (Level 3) through its operating subsidiaries, is primarily engaged in the communications business. Level 3 is a facilities-based provider of a range of integrated communications services. As of December 31, 2008, the Company had approximately 77,000 intercity route miles in North America and Europe, connecting 23 countries. As of December 31, 2008, the Company had approximately 125 markets having metropolitan fiber networks containing approximately 27,000 route miles in the United States and Europe, and approximately 7,900 traffic aggregation points and buildings the aggregate. The Company’s reportable segments include communications and coal mining. On June 5, 2008, Level 3 completed the sale of its Vyvx advertising distribution business to DG FastChannel, Inc.
