15-year agreement worth one million Euros
Colocation, dark fiber and Internet access
Frankfurt/Main, April 4, 2002 – Level 3 Communications and the Czech telecommunications company GlobalTel a.s. have signed a 15-year, one million Euro, agreement for the supply of colocation space, dark fiber and network access.
The contract will provide GlobalTel's customers with quick and reliable access to the Internet via the expandable, international IP-network of Level 3.
GlobalTel a.s. will offer its services to customers in the Czech Republic as well as to international customers via the Level 3 network. The main point of access is Prague, however, customers will also be able to access the network through other economic centers in the Czech Republic and Slovakia. In most cases companies located in those centers will meet their high bandwidth needs with Ethernet technology.
"After we had completed our national network infrastructure in the Czech Republic and Slovakia, gaining access to the international network was the next logical step. With Level 3 we have selected one of the most important vendors in the telecommunications industry. What tipped the scales in the company's favor were the concentration on the IP-protocol and the presence of Level 3 in Germany," explains David Vaverka, Chief Operation Officer von GlobalTel a.s.
"We are pleased to be working with one of the new successful carriers in the Eastern European countries. Together with GlobalTel a.s. we can now introduce our services in this market to the company and its customers," says Uwe Nickl, Level 3's Managing Director Germany.
About GlobalTel a.s.
GlobalTel a.s., a telecommunications company founded in 2000, connects the most important Central European cities within a 1000-kilometer radius via its high speed, broadband network. GlobalTel a.s. provides a new generation of network-based services for its customers, from integrated voice-broadband-data communications to multimedia services.
Editorial contacts in Germany:
| Uwe Nickl Level 3 Communications GmbH Rüsselsheimer Straße 22 60326 Frankfurt Tel.: 069/50 60 8131 Fax: 069/50 60 8207 |
Angelika Pfahler |
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.
