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Level 3 Communications is looking to expand its fiber network footprint in North America after agreeing to buy Ethernet provider TW Telecom for $5.64bn.Under the terms of the deal, the telecommunications company, based in Colorado, will pay $40.86 a share, which is a 12% premium above TW Telecom's closing price on Friday.Level 3, which provides Ethernet, voice, data and other communications servic
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