BROOMFIELD, Colo., June 30, 2010
Level 3 Communications, Inc. (NYSE:LVLT, news, filings) today announced that it has signed an agreement with Chickasaw Long Distance/BrightNet (CLD), a wholesale carrier based in Oklahoma, to provide high-speed Internet protocol (HSIP) and transport services.
Under the terms of the three year agreement, Level 3 will provide CLD with HSIP services over a Gigabit Ethernet (GigE) connection. The agreement will enable CLD to resell Level 3’s next-generation IP solutions and gain access to potential customers in Oklahoma City, expanding their regional influence.
“Chickasaw Long Distance/BrightNet is dedicated to providing innovative and efficient IP solutions to even the most rural customers throughout Oklahoma and working with Level 3 enables us to do just that,” said Jack O. Hester, executive vice president for CLD. “Level 3’s network offers us a compelling solution to meet the rising demand for high-quality IP services in Oklahoma.”
Level 3 maintains a broad range of metro and intercity capabilities, enabling the company to scale to the meet the specific network needs of its customers. Level 3’s HSIP service offers customers the ability to leverage efficient performance, cost-effective pricing, and a continuously upgradable network to keep pace with rising bandwidth demands.
“With large and small communities demanding more global connectivity, it is crucial to offer network solutions that extend beyond the common metro hubs,” said Andrew Crouch, president of Wholesale Markets for Level 3. “We are pleased to work with Chickasaw Long Distance/BrightNet to enable them to increase their network penetration and provide high-quality services in Oklahoma.”
With approximately 54,000 long-haul fiber route miles and 27,000 metro fiber miles spanning 190 markets in 22 countries, Level 3 offers a broad portfolio of telecommunications services, including voice over internet protocol (VoIP), transport, data, colocation, and content delivery.
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.
© 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.
Forward-Looking Statement
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.
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