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Press Release -- December 18th, 2013
Source: Level 3 Communications
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Frost & Sullivan Recognizes Level 3 with 2013 “Latin America New Product Innovation Leadership Award in Content Delivery Networks”

BROOMFIELD, Colo., Dec. 18, 2013 – Level 3 Communications, Inc. (NYSE:LVLT, news, filings) announced today it has been recognized with the prestigious Frost & Sullivan Best Practices Award 2013 for “Latin America New Product Innovation Leadership in Content Delivery Networks.” The Frost & Sullivan New Product Innovation Leadership Award is based on the company’s research findings of best practices across multiple business performance categories.

The criteria used to gauge Level 3’s performance against competitors in the content delivery network (CDN) market included: innovative element of the product; leveraging of leading-edge technologies in product; value-added features/benefits; increased customer return on investment (ROI); and customer acquisition/penetration potential.

“Third-party recognition by Frost & Sullivan reinforces Level 3’s ongoing leadership in delivering CDN solutions to customers,” said Leonardo Barbero, Level 3´s chief marketing officer and senior vice president for Latin America. “We initiated our CDN deployment in Latin America in 2012, and since then we have deployed nodes throughout the region and assisted various notable customers to improve their online services and grow their businesses.”

The Level 3 CDN is a core component of the company’s broader portfolio of IP-based video cloud solutions designed to support content delivery throughout its life cycle, from signal acquisition to delivery to viewers, and Level 3 also maintains the ability to provide CDN services over its own advanced network infrastructure. It combines the advantages of an industry-proven Internet backbone with a sophisticated and proven CDN platform.

“This award bears testament to Level 3’s positioning regarding content delivery services in Latin America, backed by its ability to realize huge customer acquisition potential through its fiber-optic backbone and metropolitan networks, together with a service that allows clients to scale their operations while offering an exceptional end-user experience,” said Ignacio Perrone, Frost & Sullivan Senior Consultant. “Level 3 has been able to optimize global content delivery for software, video and web applications in a competitive market due to its ability to integrate infrastructure, network connectivity and feature-rich services seamlessly as a single provider.”

Frost & Sullivan’s Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis and extensive secondary research in order to identify best practices.

For more information on Level 3’s CDN products, visit: http://www.level3.com/cdn; or for an overview of the Level 3 Video Cloud solutions to move, store and deliver content to any device, please visit: www.level3videocloud.com.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com.

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 500markets 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.

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://investors.level3.com/investor-relations/default.aspx.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.

The information contained under the caption “About Frost & Sullivan” has been provided by Frost & Sullivan, which is solely responsible for its content.

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; 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.

Contact Information
Media:                                                              Investors:
Jon Paul McLeary                                              Mark Stoutenberg
+1 720-888-3244                                                + 1 720-888-2518
jonpaul.mcleary@level3.com                              Mark.Stoutenberg@Level3.com

Paula Vivo
Latin America
+55 11-3957-2424
Paula.Vivo@Level3.com

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