Level 3 Offers Service Bundles for Voice, Internet and Data Services
BROOMFIELD, Colo., Oct 18, 2010 (BUSINESS WIRE) -- Level 3 Communications, Inc. (NYSE:LVLT, news, filings) today announced the introduction of its Converged Business Network service, offering its enterprise customers a comprehensive solution to handle all their voice, Internet and data networking needs through one carrier, one circuit and with one bill. The new converged service offers simplified and economical bundles, enabling more efficient management of telecommunications services.
Level 3's Converged Business Network provides multiple individual telecommunications services over a single circuit, reducing access costs and the complexity of managing multiple services. The new bundled services reduce the time companies spend managing telecommunications services, freeing up resources and improving overall efficiency. Level 3's Converged Business Network also features intelligent bandwidth allocation, enabling enterprise customers to simplify bandwidth needs for critical business objectives by leveraging dynamic bandwidth sharing amongst multiple services.
"In a globally competitive marketplace, enterprises must increasingly find new ways to optimize process and improve overall organizational efficiencies," said Eric Paulak, managing vice president for Gartner, Inc. "Simplifying telecommunications services management has become a fundamental element in this endeavor, and providers that offer converged service solutions are well-positioned to capitalize on this trend."
Level 3's Converged Business Network option is now available to enterprises across North America. Services available include Level 3 Dedicated Internet Access (DIA), Level 3 Internet Protocol Virtual Private Network (IPVPN) and Level 3 Session Initiation Protocol (SIP) Trunking voice services. Standard packages offer Ethernet connectivity with speeds as high as 100 megabits per second (Mbps), scalable voice features and more. Leveraging the Level 3 Managed Services portfolio, available bundles also include secure remote access, built-in firewall and managed router services.
"Level 3's efficient IP, VPN and SIP networks offer enterprises a set of reliable and scalable infrastructures for their critical telecommunications needs, and Level 3's Converged Business Network ensures that resources are not wasted by combining each of these assets into a series of enterprise-focused bundles," said Sara Baack, senior vice president of Product Management for Level 3. "We are pleased to offer enterprises the chance to optimize their voice, data and Internet services so that they can focus on those core elements that drive their businesses forward."
Level 3 leverages the power of 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