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Level 3 Communications agreed to buy Global Crossing in a transaction worth $3 billion. The deal is a sign of consolidation as broadband becomes the connecting fabric of our lives. But the question isn't why this deal between two telecommunications backbone providers happened, but why now?
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Source: http://feeds.nytimes.com/click.phdo?i=13762ac418c8ed6cdcb6394db07c28a0
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