SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported):  January 29, 2001

                          Level 3 Communications, Inc.
             (Exact name of Registrant as specified in its charter)

Delaware                                                     47-0210602
(State or other jurisdiction of                              (I.R.S. Employer
incorporation or organization)                               Identification No.)

1025 Eldorado Blvd., Broomfield, Colorado                    80021
(Address of principal executive offices)                     (Zip code)

                                  720-888-1000
               (Registrant's telephone number including area code)

                                 Not applicable
         (Former name and former address, if changed since last report)



Item 5.  Other Events

On  January  29,  2001,  the  registrant  held a  conference  entitled  "Silicon
Economics  III:  Breaking Away Who Wins + Who Loses + And Why." Attached to this
filing as Exhibit 99.1 are the slides presented at that conference. Exhibit 99.1
is hereby  incorporated  herein  by  reference  as if set forth in full  herein.
Attached to this filing as Exhibit 99.2 is the press release that the registrant
issued in connection  with the  conference on January 29, 2001.  Exhibit 99.2 is
hereby incorporated by reference as if set forth in full herein.

Item 7.  Financial Statements and Exhibits

(a)      Financial Statements of business acquired

                  None

(b)      Pro forma financial information

                  None

(c)      Exhibits

99.1 Slides  presented at "Silicon  Economics III:  Breaking Away Who Wins + Who
Loses + And Why" by the registrant on January 29, 2001.

99.2 Press Release dated
January 29, 2001 relating to Silicon Economics III: Breaking Away Who Wins + Who
Loses + And Why



                                   SIGNATURES

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned,  thereunto  duly  authorized.on  its  behalf  by  the  undersigned,
thereunto duly authorized.

                                     Level 3 Communications, Inc.

January 31, 2001                     By:    /s/ Neil J. Eckstein
Date                                     Neil J. Eckstein, Vice President