Andy has some commentary here on why AOL would choose Broadwing over Level3. Here is an excerpt:
One of the knocks I regularly hear about Level3, despite their quality is that they don't price out versus others, so with bandwidth becoming a commodity, their are deals to be had. But Broadwing, not to be confused with Verizon's VoiceWing, is one of the networks that can best Level3 on what the network can do, and now they have beaten them with a big win.
I wonder if Broadwing will be a serious challenger to Level3 going forward. There is likely enough business for both but until recently Broadwing was very quiet. I wonder if we will start hearing more and more about them.
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