Company Increases Network Capacity into Stockholm
Level 3 to Begin Offering Services in Copenhagen; Announces Agreement to Provide Services to
Danish ISP
LONDON, September 29, 2003 - Level 3 Communications, Inc. (Nasdaq:LVLT) today announced plans to expand its European network in Scandinavia. The company is increasing its network capacity into Stockholm and expects to begin offering services in Copenhagen in October 2003.
“Our existing and prospective customers have been encouraging us to undertake this expansion, which will afford them even greater access to the operational, provisioning and cost advantages of our network,” stated Brady Rafuse, president of Level 3’s European operations. “Scandinavia is an increasingly important source of demand for telecommunications services, and we look forward to enhancing our ability to serve customers in that region.”
In Copenhagen, Level 3 has signed an agreement to provide network services to Powerline Communication, a Danish provider of Internet access, Web hosting and IP security solutions. Powerline Communication is using Level 3’s (3)CrossRoads service, which connects Level 3’s customers and network in the U.S. and Europe with the networks that comprise the public Internet.
“Level 3 offers premium IP services that enable our customers in the U.S. and Europe to connect to the Internet seamlessly and reliably,” said Mark Taylor, director of IP Services for Level 3 in Europe. “Our IP backbone is one of the largest in the world, and carries traffic for the top ISPs, cable operators, carriers, content providers, and other communications and entertainment companies.”
Level 3’s fiber optic network spans 22,500 miles and serves 17 of the largest markets in Europe, as well as 66 markets across North America. In addition, the company operates metropolitan networks in 36 cities, including London, Paris, Amsterdam, Brussels, Dusseldorf, Hamburg, Berlin, Munich and Frankfurt. Level 3 also has network capacity on high-speed transatlantic cable systems.
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.
