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Press Release -- April 16th, 2012
Source: Level 3 Communications
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Level 3 Wins Two Best-in-Class Awards from ATLANTIC-ACM

Carrier customers vote on Long Haul Wholesale Report Card

BROOMFIELD, Colo., April 16, 2012 /PRNewswire/ -- Level 3 Communications, Inc. (NYSE:LVLT, news, filings) today announced it has been honored by ATLANTIC-ACM, a leading telecommunications industry research consultancy, with Best in Class awards for Data Quality and for Voice Price Competitiveness. The awards were presented earlier today at the COMPTEL PLUS Spring 2012 Convention & EXPO in San Francisco.

(Logo: http://photos.prnewswire.com/prnh/20111004/LA77008LOGO)

The awards are based on more than 1,200 individual ratings of telecommunications carriers by their wholesale customers.  ATLANTIC-ACM analyzes and issues the results of their study in the annual edition of the ATLANTIC-ACM U.S. Wholesale Carrier Report Card.

"Level 3 has again distinguished itself in key scorecard categories that demonstrate differentiated value for their customers," said Fedor Smith, president of ATLANTIC-ACM. "This reflects customers' recognition and appreciation of the company's focus on providing a robust and competitive voice and data services portfolio."

"We're pleased to receive this industry distinction and thank our customers for acknowledging our commitment to providing them the best possible customer experience in order to make Level 3 their preferred choice," said Andrew Crouch, regional president of North America Sales for Level 3. "The fact that this recognition is coming from our customers makes these awards particularly meaningful."

In February, Level 3 received ATLANTIC-ACM's first ever Customer Choice awards as Best in Class for Operational Excellence Servicing Emerging Customers and Best in Class for Metro Data Services Servicing Emerging Customers, based on ATLANTIC-ACM's Metro Carrier Report Card. Both awards are measures of customer satisfaction among customer verticals including content, cable, ISPs and System Integrators.

For more information on Level 3's advanced network and service offerings, visit www.level3.com.

About ATLANTIC-ACM
Boston-based ATLANTIC-ACM is a leading provider of strategic research and consulting services serving the telecommunications and information industries. In addition to producing the industry's principal benchmarking, sizing and opportunity studies, the company assists clients in evaluating telecommunications opportunities for successful investment, market entry and long-term planning. For more information, visit ATLANTIC-ACM's website at www.atlantic-acm.com.

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.

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 the SEC.

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.

Forward-Looking Statement

Some statements made in this press release are forward-looking in nature and 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. 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 or otherwise realize the anticipated benefits thereof; manage risks associated with continued uncertainty in the global economy; obtain additional financing, particularly in the event of disruptions in the financial markets; manage continued or accelerated decreases in market pricing for communications services; maintain and increase traffic on its network; develop and maintain effective business support systems; manage system and network failures or disruptions; develop new services that meet customer demands and generate acceptable margins; adapt to rapid technological changes that could adversely affect the company's competitiveness; defend intellectual property and proprietary rights; obtain capacity for its network from other providers and interconnect its network with other networks on favorable terms; attract and retain qualified management and other personnel; successfully integrate future acquisitions; effectively manage political, legal, regulatory, foreign currency and other risks it is exposed to due to its substantial international operations; mitigate its exposure to contingent liabilities; and meet all of the terms and conditions of its 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:
Richard Larris Mark Stoutenberg
+1 973-937-0153 +1 720-888-2518
Richard.Larris@Level3.com Mark.Stoutenberg@Level3.com

SOURCE Level 3 Communications, Inc.

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