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Press Release -- December 22nd, 2010
Source: Level 3 Communications
Tags: Content Delivery, Exchange

Level 3 Communications Issues Comment on FCC Net Neutrality Ruling

Level 3 Communications, Inc. (NYSE:LVLT, news, filings) today issued the following statement, which can be attributed to John Ryan, Assistant Chief Legal Officer of Level 3 Communications, Inc.:

“Level 3 applauds the landmark ruling by the Federal Communications Commission (FCC) setting rules that assure that consumers continue to have unfettered access to the Internet content they want. The objective of the Commission’s order is clear -- a call for no impediments to an open Internet. The FCC’s rule against blocking content, combined with its rule calling for no unreasonable discrimination, make clear its intent that broadband providers cannot serve as gatekeepers to companies providing competing content, services or applications to those providers’ customers.

“We look forward to working with Chairman Genachowski and with the other Commissioners and staff to assure that the Internet remains open – open to innovation, open to competition, and open to consumer choice. We are confident that, over time, the Commission can implement these rules in a way that preserves Internet openness and protects competition, without unreasonably regulating the Internet.”

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, Vyvx, “From Creation to Consumption,” 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.

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.

Contact Information
Media: Investors:
Monica Martinez Mark Stoutenberg
720-888-3912 720-888-1662
Monica.Martinez@level3.com Mark.Stoutenberg@level3.com

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