One of Germany's Leading Regional Carriers Purchases Dedicated Internet Access in Hamburg
LONDON, Feb.27, 2003 - Level 3 Communications, Inc. (Nasdaq:LVLT) announced today that it has signed an agreement to provide IP transit service to HanseNet, one of the leading regional carriers in Germany.
Under the terms of the contract, HanseNet will use (3)CrossRoads® to connect its high-speed Internet access subscribers to content on the Level 3 network, and to content that's delivered over the other networks that comprise the public Internet.
HanseNet operates a fibre optic city network of more than 1,000 km within Hamburg, offering telecommunications services, fixed and data connections as well as Internet services to more than 60,000 private and 10,500 business customers.
"We chose Level 3 because its IP network gives us the premium performance, reliability and scalability we require," said Michael von Bergner, Head of Carrier/ISP relations for HanseNet. "Level 3's financial stability and reliability also weighed heavily in our decision."
"HanseNet is one of the most successful and innovative regional carriers in Germany," stated Brady Rafuse, president of Level 3 in Europe. "We're delighted that HanseNet has chosen Level 3 as a network partner, and look forward to working with them to help deliver their wide range of superior services to their customers."
Level 3 operates a 10-gigabit IP backbone that spans 57 North American markets and 16 European markets and is accessible from more than 550 traffic aggregation points.
In a recent ISP backbone test conducted for Network World magazine, Level 3's core IP network delivered 100 percent uptime, one of only three networks to do so. Test results also revealed that Level 3 achieved zero percent packet loss, and average jitter of only 13 microseconds. While no formal ranking of the backbone was issued, Level 3's IP network proved to be one of the best performing networks on each of the tests conducted.
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.
