New Connection Enables Level 3 to Provide Dedicated Internet Access Services
BROOMFIELD, Colo., Jun 15, 2010 -- Level 3 Communications, Inc. (NYSE:LVLT, news, filings) today announced that it has signed an agreement with Tech Vault, Inc., a colocation data center located in South Burlington, Vt., to connect Level 3's fiber optic network directly to Tech Vault's data center and provide Dedicated Internet Access (DIA) services.
Under terms of the agreement, Level 3 is providing a ringed Synchronous Optical Networking (SONET) diverse entrance to the new data center. Additionally, Level 3 will begin offering 100 megabyte DIA service solutions starting in July.
"Level 3's network and fiber assets offer a next-generation efficiency that is vital to our facilities," said Robert Stewart, vice president of IT at Tech Vault. "As the industry continues to adopt solutions that enable high-speed connections and redundancy, we are delighted that working with Level 3 enables us to provide those solutions."
"Mid-market enterprises are increasingly reliant upon network operators and data centers to provide fast, secure communications solutions to support their business objectives," said Jeff Tench, president of Level 3's Business Markets. "Level 3 is committed to offering our enterprise customers a local approach and best-in-class experience, and providing a direct fiber connection to one of Vermont's premier data centers illustrates this in a significant way."
Level 3's Business Markets Group leverages the power of the company's extensive fiber-optic network, metro assets, and a 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. (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.
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: Jon Paul McLeary, 720-888-3244 or Investors: Mark Stoutenberg, 720-888-2518