Level 3 to Provide CDN Services for French Online Sports Video Site
LONDON, May 19, 2010 (BUSINESS WIRE) -- Level 3 Communications, Inc. (NYSE:LVLT, news, filings) today announced it will provide content delivery network (CDN) services including online media streaming and storage for CoachClub, the France-based online video sports and fitness coaching website.
CoachClub provides online video sports and wellness training to members of its website. Members of CoachClub sign up to receive fitness videos chosen for them based on their individual fitness level and goals. Under the terms of the one-year contract, Level 3 will be CoachClub's primary provider of video content delivery and media storage. Level 3 will deliver on-demand streaming of the site's more than 680 currently available videos. Currently, the majority of CoachClub's members are located in France and Canada.
"As more people turn to the Internet for their fitness needs, we required a provider who could reliably and quickly meet our growing customer demand for video content," said Stephane Coussement, chief technology officer of CoachClub. "Level 3 is able to meet our bandwidth demands now with the scalability to open up our services to new audiences in the future."
Level 3's European business currently spans 20 countries across Europe and offers a broad portfolio of telecommunications services, including transport, data, voice, Internet, content and media delivery.
"With Level 3's pan-European connection and transatlantic solution, we're well-positioned to provide CDN services to growing companies like CoachClub that are seeing demand for content increase both nationally and abroad," said James Heard, president of European Markets at Level 3. "We're committed to providing solutions that allow them to grow supporting their quality of service."
For more information about Level 3's European capabilities, please click here.
About Level 3 Communications
Level 3 Communications, Inc. (NASDAQ: LVLT) 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.
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.
SOURCE: Level 3 Communications, Inc.
Level 3 Communications, Inc. Media: Alexis Hammack, 720-888-2441 or Investors: Mark Stoutenberg, 720-888-2518