BOGOTÁ, COLOMBIA, Oct. 16, 2013 – Level 3 Communications, Inc., (NYSE:LVLT, news, filings) today announced an agreement with the Chilean company Ripley S.A, one of the main department store and retail financial services companies in Chile and Peru. Ripley selected Level 3 for data center and managed network services to support its growing business demand within the region.
Recently established in Colombia, the renowned department store brand has selected Level 3 to deliver network services and house data center equipment to support its critical business applications and systems. Additionally, Ripley will use Level 3’s managed network and connectivity services to improve communications and operational efficiency at its corporate offices in Bogotá and Santiago, as well as connectivity to financial service entities, such as credit card processors and banks, for its three new stores located in the shopping malls of Cacique, Centro Mayor and Calima.
"With the targeted expansion of our company, demand for IT services has increased significantly in the country," said Julio César Ramírez, Ripley’s production and IT Services Chief. "We needed a company capable of providing professional services, deep experience in the industry and intuitive insight into our business operations, and Level 3 offers us the perfect combination of network solutions to best support our continued growth.”
“We are very pleased to support Ripley’s growth initiatives in the country, providing fully-integrated connectivity and data center services that will improve their operational efficiency and reliability, and enable them to focus on their core business objectives as they expand,” said Luis Carlos Guerrero, vice president of Sales for Level 3’s Andean region.
For more information on Level 3’s advanced network and service offerings, visit www.level3.com.
Ripley is one of the largest retail companies in Chile and Peru; with new stores in Colombia as from 2013. Ripley is a retailer of clothing, accessories and household products through multiple department store formats, supplemented by a financial service -Ripley Card- through which customers have access to direct credit. Additionally, the company manages the Ripley Bank, and owns shopping centers in Chile and Peru. Today, Ripley runs 60 stores with a total sales area of over 410 thousand square meters and more than 1.5 million credit cards. For more information, please visit: http://www.ripley.com.co.
About Level 3 Communications
Level 3 Communications, Inc. (NYSE:LVLT) is a Fortune 500 company that 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 500 markets in 55 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, please visit www.level3.com or get to know us on Twitter, Facebook and LinkedIn.
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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.
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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.
The information contained under the caption “About Ripley” has been provided by Ripley, which is solely responsible for its content.
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; maintain and increase traffic on its network; develop and maintain effective business support systems; manage system and network failures or disruptions; avert the breach of its network and computer system security measures; develop new services that meet customer demands and generate acceptable margins; defend intellectual property and proprietary rights; manage the future expansion or adaptation of its network to remain competitive; manage continued or accelerated decreases in market pricing for communications services; 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.