BROOMFIELD, Colo., November 17, 2010
Level 3 Communications, Inc. (NYSE:LVLT, news, filings) today announced that it has launched a new referral program in a select group of Latin American markets that have seen a steady increase in demand for international bandwidth and a growing need for global enterprise solutions. Working with approved referral providers through the program, Latin American carriers will be able to extend their in-region networks by contracting directly with Level 3 to leverage its Internet and data services offered in North America and Europe.
The program – first introduced in Asia in September of 2010, generating a number of successful deals in that region – is currently being rolled out to select markets in Latin America, with a focus on Brazil, Mexico, Argentina, Chile, Peru, Colombia, Venezuela and Panama.
Referral providers in the program will market access to Level 3’s U.S. and European network to Latin American carriers by assessing carriers’ service needs and making recommendations for suitable Level 3 services. Carriers will then contract directly with Level 3 for service. Available services to these carriers include high-speed Internet Protocol (HSIP), transport and Ethernet services, giving carriers access to one of the world’s leading fiber-optic Internet networks.
“The growing demand for data and the increasing need to connect customers all over the world make Latin America a significant market opportunity for Level 3, and this program represents a meaningful step toward growing our presence in the region,” said Andrew Crouch, president of Sales for Level 3. “Through this referral program, Latin American carriers can solve their international connectivity challenges and extend their reach via Level 3’s leading HSIP service and next-generation network.”
Level 3’s extensive North American landing station connectivity; relationships with submarine cable operators; and comprehensive portfolio of transport, Ethernet and HSIP services create a significant opportunity for referral providers to drive commerce with carriers and enterprises in Latin America.
For more information on Level 3’s advanced network and service offerings, visit www.level3.com.
About Level 3 Communications
Level 3 Communications, Inc. (NASDAQ: LVLT) is a leading international provider of fiber-based communications services. Level 3 services are provided by wholly owned subsidiaries of Level 3 Communications, Inc. 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.
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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Contact Information
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| Media: | Investors: |
| Monica Martinez | Mark Stoutenberg |
| 720-888-3991 | 720-888-2518 |
| Monica.Martinez@Level3.com | Mark.Stoutenberg@Level3.com |
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