April 22, 2010
Level 3 Communications, Inc. (NASDAQ: LVLT) today announced that it will work with ABC to install its Managed Video Network Services (MVNS) platform into ABC News locations in New York, Los Angeles, and Washington, D.C., allowing the broadcaster to move more video and data content with greater efficiency and flexibility.
Under the terms of the three-year contract, Level 3 will install its MVNS offering at each of the ABC News Bureau locations. The first step toward supporting this new service involved extending the Level 3 network directly into ABC's Broadcast Operations Center in New York City. By bringing ABC on-net, the broadcaster will have direct access to Level 3's Tier 1 Internet backbone and can scale its services as needed.
Features of the MVNS installation for ABC include:
- Video contribution and distribution – The MVNS service itself allows transmission of both video and data from a single platform. This eliminates the time and hassle of shipping video content from location to location and enables faster contribution and sharing of data and video among the three news bureaus.
- High-speed IP – Level 3 designed this service to easily scale to meet the needs of the largest consumers of Internet bandwidth. ABC will have high-speed Internet access up to 1GigE at its news bureau locations.
- Ethernet Virtual Private Line network (EVPL) – Level 3's EVPL service will allow ABC to take advantage of cost-effective Ethernet services while providing the flexibitility to move ports and circuits between locations, allocate bandwidth by application, and prioritize traffic, among other features.
"This solution enables ABC News to drive value and efficiency for portions of our newsgathering operation by providing enhanced video and data connectivity at news locations in Los Angles, New York and Washington," said Chris Myers, executive director Operational Newsgathering, ABC News.
"Our work with ABC has grown over the years as a direct result of the quality of Level 3 services – the diversity of our capabilities and our consultative approach," said Peter Neill, senior vice president of Content Markets at Level 3. "With this contract, we will further simplify the process for ABC, allowing the broadcaster to focus on its business and the development of its content while we focus on delivering that content in the best, most efficient way."
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.
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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.