BROOMFIELD, Colo., August 11, 2010
Level 3 Communications, Inc. (NYSE:LVLT, news, filings) today announced that it has expanded its service relationship with IPNETZONE COMMUNICATIONS INC., an independent Internet service provider (ISP) and managed service provider (MSP), to provide direct Internet access (DIA) and transport services.
Based in New York, IPNETZONE serves enterprise and other carrier companies looking for a wide range of converged communications services. IPNETZONE currently uses Level 3’s network to connect to crucial data centers. Under the terms of the new agreement, Level 3 will also provide IPNETZONE with DIA and point-to-point transport services for their New York- and New Jersey-based customers.
“Working with Level 3 has provided us with first-class service solutions that operate across an innovative and efficient IP network,” said Joon Shin, president and chief executive officer for IPNETZONE. “We are pleased that expanding our service relationship with Level 3 will better enable us to meet the growing demand from our customers for high-quality communications services.”
“Industry service providers are increasingly looking to broaden their service portfolios to enhance customer satisfaction and expand overall market value,” said Karl Strohmeyer, senior vice president of mid-market sales for Level 3. “We are delighted that working with IPNETZONE enables them to provide their enterprise customers with a complete portfolio of managed communications solutions.”
Level 3 leverages its extensive fiber-optic network, metro assets, and a locally-focused sales and sales support organization to deliver world-class services to mid-market customers and service providers throughout the United States.
About Level 3 Communications
Level 3 Communications, Inc. (NASDAQ: LVLT) is a leading international provider of fiber-based communications services. Enterprise, content, wholesale and government customers rely on Level 3 to deliver services with an industry-leading combination of scalability and value over an end-to-end fiber network. Level 3 offers a portfolio of metro and long-haul services, including transport, data, Internet, content delivery and voice. For more information, visit www.Level3.com.
© Level 3 Communications, LLC. All Rights Reserved. Level 3, Level 3 Communications and the Level 3 Communications 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/or other countries. Level 3 services are provided by wholly owned subsidiaries of Level 3 Communications, Inc. Any other service names, product names, company names or logos included herein are the trademarks or service marks of their respective owners.
Forward-Looking Statement
Some of the statements made in this press release are forward looking in nature. These statements 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. The most important factors that could prevent Level 3 from achieving its stated goals include, but are not limited to, the current uncertainty in the global financial markets and the global economy; disruptions in the financial markets that could affect Level 3’s ability to obtain additional financing; as well as the company’s ability to: increase and maintain the volume of traffic on the network; successfully integrate acquisitions; develop effective business support systems; defend intellectual property and proprietary rights; manage system and network failures or disruptions; develop new services that meet customer demands and generate acceptable margins; adapt to rapid technological changes that lead to further competition; attract and retain qualified management and other personnel; and meet all of the terms and conditions of 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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