Level 3 Announces Carrier Cloud Voice Solution
Hosted Service Minimizes Capital Expenditures, Simplifies Service Model and Accelerates Time to Market for Feature-Rich Voice Services
BROOMFIELD, Colo., May 13, 2013 /PRNewswire/ -- Level 3 Communications, Inc. (NYSE: LVLT) today announced the launch of a Carrier Cloud Voice solution, freeing CLECs, wireless carriers, cable multiple system operators (MSOs) and telcos to focus on growth instead of on building or expanding a voice network. The new solution enables service providers to simplify their service model and expand revenue from voice services delivered to business and residential broadband subscribers.
"For communications providers expanding in today's market, adopting a cloud-based voice platform solution can reduce costs and allow them to concentrate resources around more critical core business activities," stated Cindy Whelan, principal analyst at Current Analysis. "Level 3's carrier cloud voice solution is an attractive hosted VoIP platform enabling communications providers to accelerate the time to market while avoiding onerous capital investment costs and minimizing the operating costs associated with operating a carrier-grade voice service."
Through a teaming agreement with Alianza, a leader in cloud-based voice platforms, Level 3 is providing a complete outsourced voice solution for service providers that are looking for ways to add voice but avoid significant up-front investment and ongoing operational costs. Established service providers with existing voice services, such as wireless carriers and cable MSOs, can outsource voice network and service management and focus capital and resources on growth strategies.
"Voice is an important part of many established service bundles, but it is an expensive investment that consumes a lot of internal resources to manage," said Shaun Andrews, Level 3's senior vice president of Global Voice Services. "This complete, carrier-grade solution allows service providers to reliably realize the benefits of a cloud-based model. With several key customers already purchasing our joint solution, we know this value proposition resonates in the marketplace."
The joint solution combines Level 3's Enhanced Local Service and Alianza's cloud-based voice platform, which includes a hardened set of APIs for back-office integration, billing and service management. Utilizing Level 3's established broad and reliable U.S. local voice network, industry-leading VoIP numbering and interconnection platform, and deep industry relationships, the joint solution provides a complete portfolio of advanced capabilities to serve voice subscribers.
"The next generation voice evolution has proven to be challenging due to network cost and complexity," commented Brian Beutler, CEO and co-founder of Alianza. "Working with Level 3, we have developed a complete turnkey solution with break-through economics that provides operators with a clear business case for simplifying voice delivery to their customers."
For more information on Level 3's advanced network and service offerings, visit www.level3.com.
Alianza is the leading provider of cloud-based voice platforms that enable fixed and mobile broadband service providers to rapidly launch voice services with a SaaS model that results in lower total cost of ownership. The turnkey wholesale solution is transforming the way service providers deploy and manage retail voice services for business, mobile and residential subscribers. Alianza allows service providers to get out of the voice network building business and focus on growing their business. Learn more at www.alianza.com.
About Level 3 Communications
Level 3 Communications, Inc. (NYSE: LVLT) 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 55 countries over 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
© Level 3 Communications, LLC. All Rights Reserved. Level 3, Level 3 Communications, Level (3) and the Level 3 Logo either registered service marks or service marks of Level 3 Communications, LLC and/or one of its Affiliates in the United States and/or other countries. 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.
Website Access to Company Information
Level 3 maintains a corporate website at www.level3.com, and you can find additional information about the company through the Investors pages on that website at http://lvlt.client.shareholder.com/. Level 3 uses its website as a channel of distribution of important information about the company. Level 3 routinely posts financial and other important information regarding the company and its business, financial condition and operations on the Investor Relations web pages.
Visitors to the Investors Relations web pages can view and print copies of Level 3's SEC filings, including periodic and current reports on Forms 10-K, 10-Q, 8-K, as soon as reasonably practicable after those filings are made with the SEC.
Copies of the charters for each of the Audit, Compensation and Nominating and Governance committees of Level 3's Board of Directors, its Corporate Governance Guidelines, Code of Ethics, press releases and analysts and investor conference presentations are all available through the Investor Relations web pages.
Please note that the information contained on any of Level 3's web sites is not incorporated by reference in, or considered to be a part of, any document unless expressly incorporated by reference in that document.
Information under the heading "About Alianza" was provided by Alianza, which is 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: successfully integrate the Global Crossing acquisition or otherwise realize the anticipated benefits thereof; manage risks associated with continued uncertainty in the global economy; maintain and increase traffic on its network; 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; defend intellectual property and proprietary rights; manage the future expansion or adaptation of its network to remain competitive; 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; attract and retain qualified management and other personnel; 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.
SOURCE Level 3 Communications, Inc.
More by this Source
Level 3 Completes Offering of $300 Million Aggregate Principal Amount of Senior Notes
Nov 26, 2013, 16:30 ET
Level 3 to Redeem 6.5% Convertible Senior Notes Due 2016
Nov 25, 2013, 08:00 ET
Level 3 Announces Walter Scott, Jr. Intends to Retire as Chairman at 2014 Annual Meeting
Nov 25, 2013, 08:05 ET
Browse our custom packages or build your own to meet your unique communications needs.
Learn about PR Newswire services
Request more information about PR Newswire products and services or call us at (888) 776-0942.