BUENOS AIRES, Argentina, Feb. 13, 2017 /PRNewswire/ -- Frost & Sullivan awarded Level 3 Communications, Inc. (NYSE: LVLT) with its prestigious 2016 Best Practices Award for Latin American Enterprise Services Provider Company of the Year.
The award is based on Frost & Sullivan's research findings on best practices across multiple business performance categories.
- The criteria used to gauge Level 3's performance against competitors in the Company of the Year Award include two overarching categories: visionary innovation and performance, and customer impact (each with five benchmarking criteria).
- Level 3's value-added services (VAS), reinforced by its innovative solutions, have positioned the company as a best-in-class leader in the Latin America region.
- Offering a range of services including content delivery network (CDN), WAN optimization, network management and additional VAS, all backed by a superior network infrastructure, allowed Level 3 to satisfy unmet market needs in the region.
About the Award:
- Frost & Sullivan is an international consulting company dedicated to helping clients accelerate growth and achieve best-in-class positions in innovation and leadership.
- Frost & Sullivan's Best Practices Award recognizes companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service and strategic product development.
- Frost & Sullivan industry analysts compare market participants and measure performance through in-depth interviews, analysis and extensive secondary research to identify best practices.
Carina Gonçalves, Industry Analyst - Latin America, Information & Communication Technologies for Frost & Sullivan
"After extensive research in this field, Frost & Sullivan firmly believes Level 3's outstanding infrastructure and service portfolio successfully addresses enterprises' unmet needs. Unparalleled expertise in the convergent telecom-IT services arena demonstrated by Level 3 has earned the company an undisputed place as a full enterprise service provider. Level 3—like no other player—has raised the standard to the next level for a range of value-added services including load balancing, WAN optimization, traffic shaping, network management, CDN and Vyvx Linear Channel Distribution (LCD) services."
Leonardo Barbero, Product and Marketing Senior Vice President, Level 3 Latin America
"Enterprises are facing an ever-changing technology landscape with high-capacity demands, security concerns and the need to migrate to new platforms. This recognition by Frost & Sullivan reinforces Level 3's ongoing leadership in delivering a wide range of services that meet these needs."
For more information on Level 3's advanced network and service offerings, visit www.level3.com.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation, and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses, and the investment community from more than 40 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com.
About Level 3 Communications
Level 3 Communications, Inc. (NYSE: LVLT) is a Fortune 500 company that provides local, national and global communications services to enterprise, government and carrier customers. Level 3's comprehensive portfolio of secure, managed solutions includes fiber and infrastructure solutions; IP-based voice and data communications; wide-area Ethernet services; video and content distribution; data center and cloud-based solutions. Level 3 serves customers in more than 500 markets in over 60 countries across a global services platform anchored by owned fiber networks on three continents and connected by extensive undersea facilities. For more information, please visit www.level3.com or get to know us on Twitter, Facebook and LinkedIn.
© Level 3 Communications, LLC. All Rights Reserved. Level 3, Level 3 Communications, Level (3) and the Level 3 Logo are either registered service marks or service marks of Level 3 Communications, LLC and/or one of its Affiliates in the United States and elsewhere. Any other service names, product names, company names or logos included herein are the trademarks or service marks of their respective owners. Level 3 services are provided by subsidiaries of Level 3 Communications, Inc.
The information contained under the title "About Frost & Sullivan" is provided by Frost & Sullivan, being the company solely responsible for its content.
Some statements made in this press release are forward-looking in nature and 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 Level 3's control, which could cause actual events to differ materially from those expressed or implied by the statements. Important factors that could prevent Level 3 from achieving its stated goals include, but are not limited to, the company's ability to: increase revenue from its services to realize its targets for financial and operating performance; develop and maintain effective business support systems; manage system and network failures or disruptions; avert the breach of its network and computer system security measures; develop new services that meet customer demands and generate acceptable margins; manage the future expansion or adaptation of its network to remain competitive; defend intellectual property and proprietary rights; manage risks associated with continued uncertainty in the global economy; manage continued or accelerated decreases in market pricing for communications services; obtain capacity for its network from other providers and interconnect its network with other networks on favorable terms; successfully integrate future acquisitions; effectively manage political, legal, regulatory, foreign currency and other risks it is exposed to due to its substantial international operations; mitigate its exposure to contingent liabilities; and meet all of the terms and conditions of its 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.
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SOURCE Level 3 Communications, Inc.