very good day, And welcome to the Level 3 devices Inc. First Quarter 2011 Earnings business call. Today’s call is being recorded. right away, i want to turn the conference over to Valerie Finberg, v. p,second in command of Investor Relations. Please proceed.

appreciate it, Jessica. Good time of day, absolutely everyone, And thank you for joining us for the Level 3 communications First Quarter 2011 Earnings Call. With us on the simple are Jim Crowe, chief executive officer; jason Storey, leader and Chief Operating Officer; Sunit Patel, Executive vice president and Chief Financial Officer; And Buddy burns, Vice Chairman.

I need to cover our Safe Harbor statement which can be found on Page 2 of our 1Q ’11 earnings presentation. And that says that information on this call and in the presentation contain financial estimates and other forward looking statements that are subject to risks and uncertainties. Actual results may vary significantly from those statements. A discussion of factors that may affect future results is within Level 3’s filings with the Securities and Exchange Commission. As today’s talk will discuss a business combination transaction, The following information is required by the SEC’s rules and regulations in the context of that transaction. This display shall not constitute an offer to sell or the solicitation of an offer to buy any securities or solicitation of any vote or approval.

in connection with seeking approval for the transaction from their respective stockholders, Level 3 and Global Crossing will file a combination statement on Form S4, A joint proxy statement position, And other relevant documents in regards to the proposed transaction with the SEC. Investors and security holders are urged to read the registration statement in the final joint proxy statement perspective and any other relevant documents filed with the SEC when they become available because they will contain material about Level 3, Global Crossing and the proposed contract.

even 3, Global Crossing and their respective directors, Executive officers and certain fellow members of management employees may be deemed to be participants in the solicitation of proxies in favor of the proposed transaction. Information about Level 3’s directors and executive officers is contained in the proxy statement for its 2011 Annual Meeting. And details about Global Crossing’s directors and executive officers is contained in the proxy statement for its 2010 annual meeting.

traveler regarding participants in the proxy solicitation may be obtained by reading the final joint proxy statement perspective.

inevitably, popular plans,ought to be that on today’s call, We will be with reference to certain non GAAP financial measures.

I’ll now turn the decision over to Jim.

outstanding post, Valerie. in accordance with our normal practice, We’ll as well as Sunit, Who will discuss financial latest results for the quarter and some outlook for the year. Jeff Storey will then discuss operational matters including segment results and pricing trends. I’ll provide a quick summary and some context and then we will open it up for inquiries. Sunit?

thank you so much, humble, And good snack, almost everyone. I’ll start with some of the highlights for the quarter that exist on Slide 3 of our presentation.

We had a good start to 2011 with strong landline calls revenue and adjusted EBITDA growth. It was also a busy quarter from a financing mindset as we move to refinance upcoming debt maturities.

Turning to the detailed results for the first quarter on Slide 4. Core Network business revenue grew 1.3% sequentially as reported and on a consistent currency basis. Core Network Services revenue performance was undoubtedly strong this quarter given that we normally see seasonal declines in the first quarter from the typical drop in broadcast revenues. this can be first time since 2007 that we have reported sequential growth in CNS revenues in the first quarter.

Turning to most current listings for our customer channels. Core Network Services revenue from from suppliers was up 1% sequentially. We saw a notably strong revenue performance from our wireless content and cable customers during the quarter. Census contract we brought up on the fourth quarter call. We expect Large Enterprise and Federal to resume sequential growth in the years ahead.

Mid Market revenue continued to show a nice enchancment with 3% sequential Core Network Services revenue growth. This is the second quarter uninterruptedly of double digit annualized revenue growth. European Core Network Services revenue was up slightly on consistent currency basis and grew 1% as reported. annually majesticjerseysshop.com growth was a bit over 10% for the European business.

From a services perspective, Our CDN revenue grew 35% sequentially versus the 27% sequential growth in the prior quarter. CDN services symbolise over