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Press Release -- April 11th, 2016
Source: Level 3 Communications
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Level 3 Announces New Vice President of Finance in Brazil

Isaac Berensztejn Will Focus on Accelerating Level 3's Growth in the Country

SÃO PAULO, April 11, 2016 /PRNewswire/ -- Isaac Berensztejn joins Level 3 Communications, Inc. (NYSE:LVLT, news, filings) as the vice president of finance for Brazil, effective March 15. In this role, Berensztejn is leading all financial operations in the country and working  with the company's leadership team to accelerate Level 3's growth throughout the region. He is based in the São Paulo office.

With the selection of Berensztejn, a recognized industry leader, Level 3 reaffirms its commitment to market growth opportunities in the region. As a member of Brazil's senior leadership team, Berensztejn reports to Facundo Castro, Level 3's senior vice president of finance, Latin America.

"Level 3 is laser-focused on its customers and its ability to provide reliable, flexible and secure communications services," Berensztejn said. "I am thrilled with this new opportunity and looking forward to working with the team to continue to provide quality services to enterprise customers."

Berensztejn brings more than 20 years of experience in finance, engineering and the telecom industry to the role. He has held senior leadership roles, including chief financial officer and board of director memberships for several national and multinational telecom companies. He holds an MBA from the Federal University of Rio de Janeiro (Coppead/UFRJ).

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 across 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 or get to know us on Twitter, Facebook and LinkedIn.

© Level 3 Communications, LLC. All Rights Reserved. Level 3, Vyvx, Level 3 Communications, Level (3) and the Level 3 Logo are either registered service marks or service marks of Level 3 Communications, LLC and/or one of its Affiliates in the United States and elsewhere. Any other service names, product names, company names or logos included herein are the trademarks or service marks of their respective owners. Level 3 services are provided by subsidiaries of Level 3 Communications, Inc.

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: increase revenue from its services to realize its targets for financial and operating performance; 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 risks associated with continued uncertainty in the global economy; 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; 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.

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