Level 3 Communications (to give the full company name), based in Broomfield, Colorado, operates one of the largest communications and Internet backbones in the world. They "offer a comprehensive portfolio of network offerings that spans Internet Protocol (IP) services, broadband transport, colocation services, and patented Softswitch-based managed modem and voice services." And they are yet another comms company to set up shop is Second Life.
The island is only part-complete. There is a rudimentary "backbone" with a number of functioning slideshows that give you background on their products and services, and music is tuned to an internet African Music radio station (nice bit of soukous).
The far end of the backbone structure is given over to the "Broadband Theatre". I notice the English spelling here - hmmmm... curious. But aside from a few seating areas, and the start of an auditorium(?) there's not a great deal here as yet, although there are clear signs of work in progress.
The builders are coreaudiovisual, based in Santa Monica and Saint Louis, so I really don't get the spelling noted above - though as a Brit, it is nice to see. Given the relative immaturity of the island it is not really fair to critique it. It is simply not clear what ideas will be implemented here. At present, it is the basics one would expect (some meeting spaces and some weblinks) but I have no idea where it will go from here.(from Ambling in Second Life)