Level 3 Communications Sees EBITDA Growth In 2016 - Quick Facts

(RTTNews) - While reporting its fourth-quarter financial results today, Level 3 Communications, Inc. (LVLT) provided financial outlook for fiscal 2016.

For fiscal 2016, Level 3 Communications forecast adjusted EBITDA to grow 9 to 12 percent from a starting point of $2.592 billion, which excludes the three quarters of adjusted EBITDA results from its Venezuelan subsidiary's operations.

The company projects both total revenue and core network services revenue growth, excluding UK Government revenue, to be stronger in 2016 compared to 2015, on a constant currency basis.