BROOMFIELD, Colo., August 18, 2006 - Level 3 Communications, Inc. (Nasdaq:LVLT) today announced it has been selected by MySpace.com® to support the company’s social networking services, including video transmission. Under the terms of the multi-year agreement, Level 3 will initially provide Level 3® High Speed IP Service to support MySpace’s services in multiple markets.
MySpace, one of the world’s largest online communities, is a social networking site based in California, offering an interactive network of blogs, user profiles, groups, photos, video uploading and downloading and an internal e-mail system.
"We selected Level 3 because of the proven performance of its network and Level 3’s ability to support increasing high bandwidth demand," said Aber Whitcomb, chief technology officer of MySpace.
"We are excited to be working with MySpace to support their high capacity needs and their delivery of video services," said Brady Rafuse, president of Content Markets for Level 3. "MySpace is a clear leader in delivering content for online social networking, and this agreement underscores the growth we are seeing in demand for our services in this important segment."
With one of the world’s largest IP backbones, Level 3 provides reliable high capacity to meet growing demand from customers with rich media traffic. The company offers Internet capacity in 82 key markets in addition to a comprehensive suite of network services that serve as building blocks for its customers’ diverse service offerings. Level 3 has the scalability, performance, and service portfolio to support rich media content delivery solutions as its customers’ network needs evolve.
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.
