Level 3's CDN Services Give iMusti the Power to Rapidly Stream Audio and Video Content on a Global Level
BROOMFIELD, Colo., Jan. 9, 2012/PRNewswire/ -- Level 3 Communications, Inc. (NYSE:LVLT, news, filings) today announced that it has signed an agreement with iMusti, Inc., a worldwide provider of music and video content produced in India, to deliver Level 3's Caching and Download service, providing one of the fastest uninterrupted audio and video streaming platforms available.
Supported by a global network of caching locations and one of the most connected IP networks in the world, Level 3's Caching and Download service enables iMusti to deliver a fast, reliable experience to smartphones, tablets, computers and TV screens worldwide. The service also increases bandwidth and storage capacity to boost cost efficiencies, meet demand, and ensure ample storage space and security for iMusti's ever-growing library of content — including full-length feature films.
"iMusti's licensing sources includeIndia's top record labels and movie production houses, which all provide high-quality content that requires efficient, secure and reliable delivery on a global scale," saidSamir Khandwala, founder and CEO of iMusti. "Our customers demand a superior experience, and in our search for a CDN provider, we found that Level 3 delivered the best performance for uploading and downloading content. This is particularly critical to us in light of our recent agreement with Samsung to develop applications for its web-connected Smart TV platform."
"The popularity ofIndia's music and Bollywood films has grown exponentially, and Level 3 is honored to have been selected by iMusti to deliver this broad range of content to its customers worldwide," saidMark Taylor, vice president of Content and Media at Level 3. "Level 3's Caching and Download service allows iMusti's customers to enjoy the best possible experience no matter where they are or what device they're using — ultimately encouraging them to remain happy, loyal users."
For more information on Level 3's Caching and Download service, please visit http://www.level3.com/en/products-and-services/video/cdn/caching-and-download/.
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 inthe United Statesand/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.
Website Access to Company Information
Level 3 maintains a corporate website at www.level3.com, and you can find additional information about the company through the Investors pages on that website at http://lvlt.client.shareholder.com/. Level 3 uses its website as a channel of distribution of important information about the company. Level 3 routinely posts financial and other important information regarding the company and its business, financial condition and operations on the Investor Relations web pages.
Visitors to the Investors Relations web pages can view and print copies of Level 3's SEC filings, including periodic and current reports on Forms 10-K, 10-Q, 8-K, as soon as reasonably practicable after those filings are made with theSEC.
Copies of the charters for each of the Audit, Compensation and Nominating and Governance committees of Level 3's Board of Directors, its Corporate Governance Guidelines, Code of Ethics, press releases and analysts and investor conference presentations are all available through the Investor Relations web pages.
Please note that the information contained on any of Level 3's web sites is not incorporated by reference in, or considered to be a part of, any document unless expressly incorporated by reference in that document.
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.
|Francie Bauer||Mark Stoutenberg|
SOURCELevel 3 Communications, Inc.