DEAL SUPPORTS DIVERSIFICATION STRATEGY OF THE GROUP VIA LEVEL 3 GLOBAL SOLUTIONS
Nov 20, 2014
BROOMFIELD, Colo., Nov. 20, 2014 /PRNewswire/ -- Level 3 Communications, Inc. (NYSE:LVLT, news, filings) today announced that it has been awarded additional business with the Germany-based media group ProSiebenSat.1. Level 3 will now provide services to the group across four business units: ProSiebenSat.1 Digital, ProSiebenSat.1 Games, ProSiebenSat.1 Produktion and maxdome GmbH.
The use of Level 3's content delivery network (CDN) and security services supports the ProSiebenSat.1 group in achieving the diversification of revenue streams beyond TV advertising, which is one of its key strategic goals. With fast content delivery to any device and multi-layer security throughout its gaming platforms, the group aims to simultaneously optimise the user experience, protect its key assets and drive revenues.
Level 3 is providing the following services to these ProSiebenSat.1 business units:
- ProSiebenSat.1 Digital is the multimedia company of ProSiebenSat.1 and operates with ProSiebenSat.1 Networld, one of the leading platforms in Germany. It has added Level 3's dynamic content packaging to its existing Level 3 CDN services, enabling it to tailor its on-demand video and ProSiebenSat.1 TV broadcasts to user devices such as computers, smartphones and tablets. maxdome is also using these services.
- ProSiebenSat.1 Games, which focuses on the licensing and channelling of online games, has selected Level 3's distributed denial of service (DDOS) mitigation to provide a multi-layered approach to protecting ProSiebenSat.1 Games' network infrastructure and assets as well as those of its strategic partners.
- ProSiebenSat.1 Produktion, which offers studio and post-production, cross-company content management and a full broadcasting service for more than 15 TV stations, has selected Level 3 High-Speed IP services to help enhance the performance delivered to customers.
"We have been working with ProSiebenSat.1 since 2009, becoming a key supplier to the group," said Gerald Rubant, director Sales, Enterprise Business Germany & Northern Europe at Level 3. "While we grow our business with ProSiebenSat.1, our objective remains the same: to continue delivering solutions that enhance their strategic business development by helping them increase their competitive edge."
For more information on Level 3's advanced network and service offerings, visit www.level3.com.
About ProSiebenSat.1 Media AG
The ProSiebenSat.1 Group is one of the largest independent media corporations in Europe. Its core business is free TV financed by advertising. With the stations SAT.1, ProSieben, kabel eins, sixx, SAT.1 Gold and ProSieben MAXX, the company is the number 1 in the German TV advertising market. In total, the group's stations reach about 42 million TV households in Germany, Austria andSwitzerland. A strong digital and ventures portfolio as well as an international production network are also part of the ProSiebenSat.1 Group.
ProSiebenSat.1 Media AG was established in 2000, the headquarters are located in Unterfohring near Munich. The Group is listed and employs more than 3,000 staff in 12 countries.
The information contained under the caption "About ProSiebenSat1 Media AG" has been provided by ProSiebenSat1 Media AG, which is solely responsible for its content.
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 over 60 countries over a global services platform anchored by owned fiber networks on three continents and connected by extensive undersea facilities. For more information, please visitwww.level3.com or get to know us on Twitter, Facebook and LinkedIn.
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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 tw telecom acquisition; manage risks associated with continued uncertainty in the global economy; increase revenue from its services to realize its targets for financial and operating performance; 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; manage the future expansion or adaptation of its network to remain competitive; defend intellectual property and proprietary rights; 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.