Relationships Enhance Level 3's DIA and IPVPN Services
BROOMFIELD, Colo., Oct 05, 2010 (BUSINESS WIRE) -- Level 3 Communications, Inc. (NYSE:LVLT, news, filings) today announced that it has enhanced its managed services capabilities through a new agreement with Presidio Networked Solutions, a leading provider of professional and managed services solutions. Working with Presidio, Level 3 will leverage equipment from industry hardware vendors such as ADTRAN, Cisco, Fortinet, and Riverbed Technology in support of its managed services solutions.
Level 3's Managed Services combines in-house and partner capabilities, allowing enterprise and government customers to focus on mission-critical objectives rather than service maintenance. Level 3's goal is to continue to meet ever-changing customer networking needs through an improved portfolio of managed services capabilities.
"As most enterprises rethink their network architecture to support virtualization and cloud-based services, many will make the strategic decision that running networking hardware is not critical to ongoing revenue generation," said Ted Chamberlin, research vice president at Gartner Inc. "Many will look to their incumbent carrier, infrastructure and IT services partners to provide that level of ongoing configuration and change management with aggressive, but relevant, service-level agreements."
The agreement will boost Level 3's managed services portfolio and enhance Level 3's dedicated Internet access (DIA) and Internet Protocol virtual private network (IPVPN) services. Leveraging Presidio's expertise, Level 3 is streamlining its fulfillment, provisioning, management and repair of customer premise equipment (CPE)-based services, including managed router, firewall, and wide area network (WAN) optimization. Additional options available with these services include intrusion detection service/intrusion prevention service (IDS/IPS) and secure access.
"We have seen increasing customer demand for first-rate managed services and all of these companies have been providing service in this arena for some time now," said Russell Shriver, vice president of data and IP services for Level 3. "We realize that it takes more than just bandwidth for businesses to create value from the network. Leveraging these vendors' experience in managed services, we will enable our customers to enjoy increased access to first-class network support, a more predictable IT budget and the assurance necessary to focus on core business objectives."
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.
SOURCE: Level 3 Communications
Level 3 Communications Media: Jon Paul McLeary, 720-888-3244 or Investors: Mark Stoutenberg, 720-888-2518