Quito, Ecuador, May 9, 2012 – Level 3 Communications, Inc. (NYSE:LVLT, news, filings) today announced it has won a public bid to provide network management services to OCP Ecuador S.A., one of Ecuador’s two heavy crude oil pipelines. This contract builds on OCP’s long standing customer relationship with Level 3.
OCP Ecuador S.A. is a private Ecuadorian company that transports crude oil across the country to the coast, and was built solely with private funds, without any financial investment from the State.
Level 3’s global Internet Protocol (IP) platform and its fiber optic interconnection services enable OCP Ecuador to improve Internet connectivity – while reducing server down time and Internet connection costs – by providing higher speed with greater reliability and security. Compliance with HSE (Health, Safety and Environment) regulations, as well as 24x7x365 field support for all of OCP’s platforms and infrastructures, were key differentiators for Level 3. The Level 3 Network Operations Center (NOC) and OCP’s personalized Customer Care Center have helped OCP identify potential problems, avoiding interruptions to operations on several occasions.
“We feel confident at OCP that Level 3 has the global scale and the experience in managed services to handle our networking needs and meet our expectations,” said Diego Vásquez, OCP systems director. “By delivering all of these telecommunications services, Level 3 gives us the ability to focus on our core business endeavors without worry.”
OCP will use Level 3’s fiber optic urban ring and back-up satellite network infrastructure to deliver Anti-Virus Anti-Spam (AVAS) services; monitoring, support and maintenance for its microwave networks; analog and digital VHF; and Internet communications during the 36-month contract.
“Thanks to an in-depth knowledge of the customer and its critical processes, and upon understanding what OCP was looking for in this type of bid, our Ecuadorian team demonstrated that Level 3 is the best suited technological partner for OCP,” said Francisco Guzmán, Level 3’s senior vice president of Sales in Ecuador. “We’ve demonstrated to OCP that we can provide long-term support for business-critical issues, efficiently and securely.”
About OCP
OCP (OLEODUCTO DE CRUDOS PESADOS) is the second oil pipeline operating in Ecuador meant for crude oil transportation only (18 degrees at 24 API). OCP extends over 485 km from the city of Nueva Loja (Lago Agrio; Sucumbíos), up to the outskirts of the city of Esmeraldas. OCP’s operations began in November 2003 and up until 2010 they carried approximately 375 million crude oil barrels, with the ability to carry a peak volume of 517,241 barrels a day and a sustained volume of 450,000 barrels.
About Level 3 Communications
Level 3 Communications, Inc. (NYSE:LVLT, news, filings) 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.
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.
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Contact Information
Media: Investors:
Richard Larris Mark Stoutenberg
North America +1 720-888-2518
+1 973-937-0153 Mark.Stoutenberg@Level3.com
Richard.Larris@Level3.com
Paula Vivo
Latin America
+55 11 3957 2424
Paula.Vivo@level3.com
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