March 29, 2010
Level 3 Communications, Inc. (NASDAQ: LVLT) today announced that it has been selected to provide voice and high-speed IP services to QuamTel, Inc.'s (QUMI.OB) subsidiary WQN, Inc., a Dallas-based provider of international calling cards distributed over the Internet.
Under the contract, Level 3 is providing WQN with toll-free IP and local inbound services, which facilitate the delivery of VoIP's service to businesses and consumers with broadband connections. Level 3 also will provide WQN with high-speed Internet access with network connectivity up to 10 Gigabits per second.
"By deepening our relationship with Level 3, we're able to expand our footprint while consolidating our communications service with one provider – a simpler, more cost-effective solution for our business," said Stuart Ehrlich CEO of QuamTel, Inc., the parent company of WQN. "The result is a more reliable, streamlined experience for our customers."
For 12 years, WQN has provided prepaid, postpaid, toll-free and broadband telephony services. The company focuses on transporting calls that originate from the United States and Canada and terminate globally. WQN was one of the first companies to make international calling available to consumers via the Internet.
"Level 3's extensive fiber-optic network is an ideal choice for communications solutions providers looking to expand their coverage area," said Jeff Tench, president of Level 3's Business Markets Group. "Level 3's IP backbone also delivers exceptional scalability, allowing businesses to quickly and easily ramp up bandwidth as their communications needs grow."
Level 3's Business Markets Group leverages the power of the company's extensive fiber-optic network, metro assets, and locally focused sales and sales support organization to deliver world-class services to enterprise customers and service providers throughout the United States.
About Level 3 Communications
Level 3 Communications, Inc. (NYSE:LVLT, news, filings) is a leading international provider of fiber-based communications services. Enterprise, content, wholesale and government customers rely on Level 3 to deliver services with an industry-leading combination of scalability and value over an end-to-end fiber network. Level 3 offers a portfolio of metro and long-haul services, including transport, data, Internet, content delivery and voice. For more information, visit www.Level3.com.
© Level 3 Communications, LLC. All Rights Reserved. Level 3, Level 3 Communications and the Level 3 Communications Logo are either registered service marks or service marks of Level 3 Communications, LLC and/or one of its Affiliates in the United States and/or other countries. Level 3 services are provided by wholly owned subsidiaries of Level 3 Communications, Inc. Any other service names, product names, company names or logos included herein are the trademarks or service marks of their respective owners.
Some of the statements made in this press release are forward looking in nature. These statements are based on management's current expectations or beliefs. These forward looking statements are not a guarantee of performance and are subject to a number of uncertainties and other factors, many of which are outside Level 3's control, which could cause actual events to differ materially from those expressed or implied by the statements. The most important factors that could prevent Level 3 from achieving its stated goals include, but are not limited to, the current uncertainty in the global financial markets and the global economy; disruptions in the financial markets that could affect Level 3's ability to obtain additional financing; as well as the company's ability to: increase and maintain the volume of traffic on the network; successfully integrate acquisitions; develop effective business support systems; defend intellectual property and proprietary rights; manage system and network failures or disruptions; develop new services that meet customer demands and generate acceptable margins; adapt to rapid technological changes that lead to further competition; attract and retain qualified management and other personnel; and meet all of the terms and conditions of debt obligations. Additional information concerning these and other important factors can be found within Level 3's filings with the Securities and Exchange Commission. Statements in this press release should be evaluated in light of these important factors. Level 3 is under no obligation to, and expressly disclaims any such obligation to, update or alter its forward-looking statements, whether as a result of new information, future events, or otherwise.