BROOMFIELD, Colo., and Madrid, June 8, 2015 – Both companies issued the following statement:
Level 3 Communications (NYSE:LVLT, news, filings) and Telefonica Business Solutions (NYSE: TEF) through its Wholesale Business unit have established a non-exclusive, bilateral interconnection agreement related to their public IP networks. The interconnection agreement ensures customers on the two networks can continue to exchange data effectively and efficiently. As customers’ thirst for larger content delivery and real-time communication applications continues to grow, Internet service providers are choosing to work together to create a dynamic, flexible network environment.
As part of the agreement, both companies will add capacity and establish new interconnection locations between the two networks to stay ahead of growing traffic demands, thus offering flexibility for each network while improving performance and reliability for their respective customers.