Level 3 Network Now Serves 16 Major Cities in Europe
London, 25 September, 2002 - Level 3 Communications, Inc. (Nasdaq:LVLT) today announced it has completed the expansion of its network into seven new European markets. The previously announced expansion enables Level 3 to meet demand from new and existing customers in the European cities of Geneva, Zurich, Madrid, Milan, Stockholm, Karlsruhe and Köln.
"The completion of this expansion significantly increases our European footprint, enabling us to offer transport and IP services in 16 of the top markets on the continent," said Brady Rafuse, president of Level 3 in Europe. "We already have customers in place in six of the new cities, and expect to serve a growing number of carriers, ISPs and other communications companies in all seven of the new markets."
Level 3's existing two-ring network in Europe spans 3,600 miles and connects multi-conduit metropolitan networks in London, Amsterdam, Brussels, Paris, Frankfurt, Dusseldorf, Hamburg, Munich and Berlin. In North America, Level 3's network stretches 15,889 inter-city miles with metropolitan area networks in 27 cities.
ONTAP, Level 3's proprietary Web-based customer network management and service provisioning system, will be extended to cover the new markets. Among other capabilities, ONTAP enables delivery of wavelength and private line services when customers require them, rather than in the weeks or months that it typically takes other carriers to deliver transport services.
This allows customers to tie their network purchases directly to revenue opportunities, rather than expending capital based on speculative long-term projections. ONTAP also enables customers to check Level 3's capacity inventory and prices, reserve capacity, order circuits, and manage their network, all via a Web-based interface
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.
