Level 3 to provide 250 Gbps to support rapidly growing company
LONDON, May 15, 2012 /PRNewswire/ -- Level 3 Communications, Inc. (NYSE:LVLT, news, filings) today announced a multiyear contract with European-based content provider Voxility. Under the terms of the agreement, Level 3 will provide more than 250 Gbps to Voxility's three major datacenters, located in North America and Europe, providing a substantial amount of capacity to support the company's continued global growth.
After a competitive bid process, Level 3's high-speed IP service was selected to provide high-quality upstream IP connectivity. Level 3 will also provide both an ability to scale globally and international capacity in key markets that enable customer growth.
"Voxility is expanding into new markets, and we required a provider capable of delivering video and bursting cloud traffic on the shortest route to end-users so that we can deliver unparalleled performance to our customers," said Silviu Sirbu, Managing Director of Voxility SRL.
"Voxility is going through a period of sustained, rapid growth, so the need to have access to a global network which can support this is paramount. As more and more services move to the cloud in this way, the importance of the supporting infrastructure will continue to grow," said James Heard, Level 3 regional president of EMEA. "Not only can the Level 3 network scale in support of this growth, it can also offer high connectivity and reliable service delivery. This helps customers such as Voxility differentiate their own offering to customers."
For more information on Level 3's advanced network and service offerings, visit www.level3.com.
About Level 3 Communications
Level 3 Communications, Inc. (NYSE: LVLT) provides local, national and global communications services to enterprise, government and carrier customers. Level 3's comprehensive portfolio of secure, managed solutions includes fiber and infrastructure solutions; IP-based voice and data communications; wide-area Ethernet services; video and content distribution; data center and cloud-based solutions. Level 3 serves customers in more than 450 markets in 45 countries over a global services platform anchored by owned fiber networks on three continents and connected by extensive undersea facilities. Level 3 services are provided by subsidiaries of Level 3 Communications, Inc. For more information, visit www.level3.com.
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.
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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 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.
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SOURCELevel 3 Communications, Inc.