Level 3 Communications is Among the Companies in the Alternative Carriers Industry With the Highest Level of Cash (LVLT, IRDM, CCOI, EGHT, SAAS)
Below are the three companies in the Alternative Carriers industry with the highest cash equivalents (CE). Analysts use CE as a measure to compare the cash cushion of companies in the same industry.
Level 3 Communications ranks highest with a CE of $691. Following is Iridiummmunications with a CE of $513. Cogent Communications ranks third highest with a CE of $207.
8X8 INC follows with a CE of $149, and inContact rounds out the top five with a CE of $107.
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Keywords: highest level of cash level 3 communications iridiummmunications cogent communications 8x8 inc incontact