BROOMFIELD, Colo.--(BUSINESS WIRE)-- Level 3 Communications, Inc. (NYSE:LVLT, news, filings) today announced that it has signed an agreement with TSI, a regional service provider based in Los Angeles. Level 3 will provide TSI with a suite of voice services as well as data capabilities that will broaden the breadth of services TSI provides to its regional and national customers.
TSI requires comprehensive voice services that enable the company to differentiate itself from other regional providers in a highly competitive market. Level 3's balance of high-quality voice solutions with competitive prices and advanced data solutions enable regional providers to offer a superior customer experience and service.
"Customer demand for first-rate voice services has never been higher, and we need solutions that will help us thrive in an increasingly competitive marketplace," said Deborah Ward, CEO for TSI. "We chose Level 3 because of the company's ability to provide Tier 1 carrier-grade services at rates that allow us to compete more effectively against other regional service providers. Level 3's comprehensive voice services have enabled us to offer our customers premium solutions that capitalize on this rising demand and strengthen our national position."
Under the terms of the agreement, Level 3 is providing TSI with voice termination, private line, direct Internet access (DIA), IP toll-free and enterprise voice services. TSI will resell these services to its regional and national customers, enabling them to leverage Level 3's extensive local capabilities, including local customer care, a deep understanding of the business community, an innovative network designed for business solutions, and recognized experience in providing voice services.
"Our comprehensive portfolio of voice and data services is designed to provide customers like TSI with high-performing, highly competitive solutions that leverage the power of a Tier 1 Internet backbone," said Andrew Crouch, president of Sales for Level 3. "We want to make it as efficient as possible for our customers to work with Level 3 to meet their growing telecommunications needs and succeed in their respective markets."
Level 3 uses its extensive fiber-optic network, metro assets and a locally focused sales and sales support organization to deliver world-class voice, video and data solutions 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; a discontinuation of the development and expansion of the Internet as a communications medium and marketplace for the distribution and consumption of data and video; and disruptions in the financial markets that could affect Level 3's ability to obtain additional financing. Additional factors include, but are not limited to, the company's ability to: increase and maintain the volume of traffic on its network; develop effective business support systems; manage system and network failures or disruptions; develop new services that meet customer demands and generate acceptable margins; defend intellectual property and proprietary rights; adapt to rapid technological changes that lead to further competition; attract and retain qualified management and other personnel; successfully integrate acquisitions; 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.
Level 3 Communications
Jon Paul McLeary, 720-888-3244
Mark Stoutenberg, 720-888-2518
Source: Level 3 Communications