| Level 3 to Provide Voice Services to Charter |
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BROOMFIELD, Colo., Aug. 30, 2004 – Level 3 Communications, Inc. (Nasdaq:LVLT) today announced that it is has been awarded a contract to provide cable operator Charter Communications, Inc. (Nasdaq:CHTR) with long distance voice services and local interconnection services in select markets. Under the terms of the agreement, Charter will utilize Level 3’s (3)Voice® Termination services to complete long-distance telephone calls made by Charter broadband subscribers. Level 3 will also provide (3)Link® Private Line services to facilitate local interconnection. Charter currently offers voice telephone service in three markets and has previously announced that its telephony offering will pass one million households by year’s end. “This agreement with Level 3 will enable us to improve our cost structure and help accelerate our deployment of telephone services,” said Tom Cullen, Executive Vice President of Advanced Services for Charter. “As a recognized VoIP leader and backbone operator, Level 3 has the network, technical expertise, and experience we were looking for in an underlying provider.” “We’re very pleased that Charter has elected to use our VoIP services,” said Sureel Choksi, president of Softswitch Services for Level 3. “We look forward to enabling Charter, one of the cable industry’s most technically innovative operators, as it deploys residential phone service.” Level 3 has been providing VoIP termination service since December 1999 to PTTs, inter-exchange carriers, enhanced service providers, cable operators, and other companies in the U.S. and abroad. Today, Level 3 offers a full range of wholesale, residential, and business voice services over a robust softswitch-based network platform that carries more than 30 billion minutes of IP-based voice and data calls every month. For more information about Level 3’s portfolio of VoIP services, please visit www.Level3.com. |
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.
