Verizon?s Global Network to Use Level 3's (3)Center Colocation and (3)Link Private Line Services
Level 3 Communications, Inc. (Nasdaq:LVLT) today announced an agreement with Verizon Communications' Global Solutions Inc., (GSI). Under the terms of the multi-million dollar agreement, GSI will use
GSI, which is responsible for assembling and managing Verizon's new network, will house switching and transmission equipment and related network interconnection equipment in
"We are extremely pleased to be working with Verizon, a leading communications company formed by the merger of Bell Atlantic and GTE last year," said Kevin O'Hara,
Verizon announced plans in February for its global network, which will link the United States with major commercial and financial centers in Europe, Asia, Australia, Mexico and Canada. Links are already operating between New York and London; New York and Toronto; Seattle and Vancouver; Los Angeles and Mexico City; and between Honolulu and Hong Kong, Tokyo and Sydney.
About (3)Center Colocation
Level 3 offers its (3)Center Colocation services through its advanced data centers, called Gateways.
About (3)Link Private Line
Level 3's (3)Link Private Line services are dedicated amounts of bandwidth connecting two fixed locations while bypassing the Public Switched Telephone Network (PSTN). Typically purchased by customers (such as Internet Service Providers and telecom carriers) who need to transmit large amounts of data, video, or voice quickly and efficiently, private lines connect points in the same city, stretch across the country, or hook up customers around the globe.
About Level 3 Communications
Level 3 Communications, Inc. (NASDAQ: LVLT), an international communications company, operates one of the largest Internet backbones in the world, connecting 180 markets in 18 countries. The company serves a broad range of wholesale, enterprise and content customers with a comprehensive suite of services including: Internet Protocol (IP) services, broadband transport and infrastructure services, colocation services, voice and voice over IP services, content delivery and media distribution services. These services provide the building blocks to enable Level 3’s customers to meet their growing demands for advanced communications solutions. The company’s Web address is www.Level3.com.
"Level 3 Communications,” "Level 3," the red 3D brackets and the Level 3 Communications logo are registered service marks of Level 3 Communications, LLC 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, product or company names recited herein may be trademarks or service marks of their respective owners.
Forward-Looking Statement
Some of the statements that we make 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 our control, which could cause actual events to differ materially from those expressed or implied by the statements. The most important factors that could prevent us from achieving our stated goals include, but are not limited to our ability to: successfully integrate acquisitions; increase the volume of traffic on our network; defend our intellectual property and proprietary rights; develop new products and services that meet customer demands and generate acceptable margins; successfully complete commercial testing of new technology and information systems to support new products and services; attract and retain qualified management and other personnel; and meet all of the terms and conditions of our 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.
