Level 3 Parent (LVLT) 8-K Company Generated Positive Free Cash Flow of $44 Million for the Full Year 2009

Exhibit 99.2

LEVEL 3 COMMUNICATIONS SUMMARY FINANCIAL RESULTS (Communications Revenue)

$ in Millions

2010 Reporting Format

	3Q09		4Q09		QoQ % Change		4Q09% CNS		4Q09% Total
Core Network Services Revenue
Wholesale	$	347	$	353	2	%	50	%	39	%
Large Enterprise and Federal	123		129		5	%	18	%	14	%
Mid-Market	155		151		-3	%	22	%	17	%
Europe	75		73		-3	%	10	%	8	%
Total Core Network Services	700		706		1	%	100	%	78	%
Wholesale Voice	159		162		2	%			18	%
Other	42		38		-10	%			4	%
Total Communications Revenue	$	901	$	906	1	%			100	%

LEVEL 3 COMMUNICATIONS SUMMARY FINANCIAL RESULTS (Communications Revenue)

$ in Millions

	3Q09		4Q09		QoQ % Change		4Q09% CNS		4Q09% Total
Core Network Services Revenue
Infrastructure	$	137	$	140	2	%	20	%	16	%
Transport	286		288		1	%	41	%	32	%
Data Services	173		175		1	%	25	%	19	%
Voice (Local & Enterprise)	105		103		-2	%	14	%	11	%
Total Core Network Services	701		706		1	%	100	%	78	%
Wholesale Voice Services	158		162		3	%			18	%
Other	42		38		-10	%			4	%
Total Communications Revenue	$	901	$	906	1	%			100	%