BROOMFIELD, Colo., Nov. 30, 2011 /PRNewswire/ -- Level 3 Communications, Inc., (NYSE:LVLT, news, filings) today announced it has been honored with Capacity magazine's "Best Latin American Wholesale Offering" award by a panel of industry thought leaders at the Annual Global Wholesale Telecommunications Awards ceremony, held during the Capacity Europe 2011 event in Amsterdam last Tuesday. The award recognizes Level 3 for demonstrated thought leadership in the development and implementation of its wholesale strategy in the region, including its network, data centers and commitment to the Latin American market.
"As long as I have been in the region, Level 3 has been the gold standard for wholesale and enterprise services," said Wally Swain, Yankee Group's senior vice president of Network Research. "Their portfolio goes way beyond transport. Their enterprise portfolio is very wide and competes well with the rest of the big names. Their wholesale portfolio includes IP VPN, VoIP, Ethernet and colocation, going well beyond just raw connectivity. Growth is steady and they are expanding their data center facilities quickly. They serve a stable of high-profile customers. To me they are the best at this game in this region."
Prior to its acquisition by Level 3, Global Crossing won this award in 2008 and 2009.
"We are delighted to be honored with this important award again this year, and we are gratified to be recognized as the reliable choice for connectivity throughout Latin America," said Gabriel Holgado, Level 3's senior vice president of Carrier Sales, Latin America. "As service providers' business models shift to support Internet applications, Level 3 is committed to providing superior solutions that enable providers to deliver a high quality of service to their retail and enterprise customers."
For more information on Level 3's advanced network and service offerings in Latin America and the rest of the world, visit www.level3.com.
About Capacity Magazine
Capacity magazine is a monthly publication that focuses on the latest business techniques and strategies for bringing innovation and efficiency to the wholesale telecommunications industry. The publication's readership includes operators, carriers, service providers, metro-fiber providers, system integrators, equipment providers, OSS providers and end users. Capacity magazine is a must-read for all companies striving to maintain competitive advantage and achieve optimal business performance within the telecommunications community.
Capacity Magazine's Global Wholesale Telecommunications Awards were created to recognize market players, who, through applying effective techniques and strategies to their wholesale businesses, have established themselves at the forefront of the wholesale telecoms industry. The entry categories illustrate Capacity's focus on the business techniques needed for innovation and success in the rapidly evolving wholesale market.
About Level 3 Communications
Level 3 Communications, Inc. (NYSE: LVLT) is a premier global provider of IP-based communications services to enterprise, content, government and wholesale customers. Over its reliable, scalable and secure network, Level 3 delivers integrated IP solutions, including converged, data, voice, video and managed solutions to help enable customers' growth and efficiency. Level 3 operates a unique global services platform anchored by owned fiber networks on three continents in more than 45 countries, connected by extensive undersea facilities. For more information, visit www.level3.com.
© Level 3 Communications, LLC. All Rights Reserved. Level 3, Level 3 Communications, Level (3), Think Ahead, the Level 3 Logo and the Level 3 Think Ahead 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. Any other service names, product names, company names or logos included herein are the trademarks or service marks of their respective owners. Level 3 services are provided by subsidiaries of Level 3 Communications, Inc.
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 company's ability to successfully integrate the Global Crossing acquisition, 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 future 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.
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