BROOMFIELD, Colo., August 19, 2010
Level 3 Communications, Inc. (NYSE:LVLT, news, filings) today announced that it has signed an expanded agreement with CoSentry, a provider of business continuity and managed technical services, to provide the company with wavelength and high-speed Internet protocol (HSIP) services that will facilitate broadband connectivity for CoSentry's enterprise customers in the Americas, Australia and Europe.
Headquartered in Omaha, Neb., CoSentry provides enterprises with data center, disaster recovery and cloud solutions, and has worked with Level 3 for Ethernet private line (EPL) and Internet protocol (IP) services since 2007. Under the terms of the expanded three-year agreement, Level 3 will provide CoSentry with 10 gigabit (GB) wavelengths and two GB HSIP.
"Today's global business environment demands high-quality communications services," said Dan Cullen, vice president and general manager for CoSentry. "Our common solution service platform (CSSP) for cloud and software as a service (SaaS)-based enterprises require reliable, efficient communications systems to optimize and protect their business architecture. Working with Level 3 has enabled us to meet this demand and provide our customers with a first-class experience."
"We are pleased that CoSentry is able to leverage our efficient IP network to better support their enterprise customers." said Karl Strohmeyer, senior vice president of Business Markets for Level 3. "Working with CoSentry demonstrates our continued commitment to helping businesses remain competitive in a rapidly growing global marketplace and our increasing relevance in the enterprise space."
Level 3 leverages its 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.
|Jon Paul McLeary||Mark Stoutenberg|