Level 3 Receives Highest Competitive Score in Frost & Sullivan Assessment of MPLS/IP VPN Service Providers in North America
Oct 29, 2012
BROOMFIELD, Colo., Oct. 29, 2012 – Level 3 Communications, Inc. (NYSE:LVLT, news, filings) announced that it has been honored by Frost & Sullivan, a leading industry research firm, as the recipient of the 2012 Competitive Strategy Leadership Award for MPLS/IP VPN (multiprotocol label switching/Internet protocol virtual private network) services in the U.S. market.
The Competitive Strategy Leadership Award is based on the results of Frost & Sullivan’s Best Practices research, which identifies industry leaders that have excelled in advancing specific technologies and services within the marketplace.
“Through a blend of organic and inorganic initiatives, Level 3 has shown strategy leadership during the last year, broadening its industry leading MPLS/IP VPN service platform and deepening its market presence,” stated Roopashree Honnachari, program manager, Business Communication Services at Frost & Sullivan. “The company’s highly secure and managed converged IP solution, backed by best-in-class SLAs, is very attractive to today’s discerning enterprise customer looking for a managed network solution that enables business growth and enhances efficiency. The company’s MPLS/IP VPN solutions come with the security features and performance monitoring tools that ensure that customers can run their business-critical applications reliably and securely.”
As a part of the evaluation process, Frost & Sullivan rates the performance of potential recipients against their ability to leverage competitive intelligence, execute competitive strategy, impact market share, and competitively position their brand and impact customer satisfaction/value. Based on Frost & Sullivan’s scorecard analysis, Level 3 ranked high across all criteria, earning the best weighted average among all of the providers evaluated.
“The Competitive Strategy Leadership Award reflects Level 3’s commitment to meeting the needs of its enterprise customers with a highly reliable and efficient network solution, supporting multiple applications with seamless connectivity over its local-to-global footprint,” said Paul Savill, Level 3’s senior vice president of Global Core Product Management. “We are honored to be recognized by Frost & Sullivan as the top provider for MPLS/IP VPN services in the U.S. and will continue to expand and improve our service capabilities around the globe.”
For more information on Level 3’s MPLS/IP VPN service offerings, visit http://www.level3.com/TrustedVPN.
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. For more information, please visit www.level3.com
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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.
Jon Paul McLeary Mark Stoutenberg