Level 3 Communications Receives U.S. Growth Leadership Award from Frost & Sullivan Level 3 Recognized by Frost & Sullivan for Leadership in Internet Services Based on Market Performance

BROOMFIELD, Colo., March 20, 2013 /PRNewswire/ -- Level 3 Communications, Inc. (NYSE: LVLT) announced that it has been honored by Frost & Sullivan, a leading industry research firm, as the recipient of the 2012 U.S. Growth Leadership Award for dedicated Internet access (DIA) services. Based on Frost & Sullivan's analysis, Level 3 has continued to grow its market share at industry-leading rates over the last three years. Level 3 was also recognized for innovation in online DIA service capabilities, which enable customers and prospects to easily navigate and streamline their entire service experience.

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The Growth Leadership Award is based on the results of Frost & Sullivan's Best Practices research, which identifies industry leaders that have excelled in advancing specific technologies and services within the marketplace, resulting in industry-leading growth in acquiring market share.

"Three key factors have enabled Level 3 to successfully acquire share in the U.S. market for dedicated Internet access services," stated Charles Carr, senior analyst at Frost & Sullivan. "First, the company is offering a comprehensive Internet service that can be ordered standalone or bundled with managed network and security services. Second, the company has successfully expanded its network access and services to more markets globally. Finally, customers are recognizing that Level 3 is a trusted provider whose network consistently delivers a fast, secure and reliable connection."

Frost & Sullivan evaluates the performance of potential recipients based on their TEAM (technical, economic, applied and market) Research methodology, which incorporates market, technical, economic, financial, customer, best practices and demographic analyses. These research discipline areas act as the evaluative platform for benchmarking the growth strategies of industry players.

"The Growth Leadership Award demonstrates Level 3's continued commitment to expanding its enterprise DIA service capabilities to support the growing needs of today's businesses within a global marketplace," said Mark Taylor, Level 3's vice president of Media and IP Services. "We are delighted to be recognized by Frost & Sullivan for the work we have done to grow our DIA offering and remain dedicated to continuing this growth in order to improve our customers' experience."

For more information on Level 3's DIA service offerings, visit http://www.level3.com/en/products-and-services/data-and-internet/business-internet-service-providers-high-speed/.

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 450 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.

Forward-Looking Statement

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.

Contact Information




Media:

Investors:

Jon Paul McLeary

Mark Stoutenberg

720-888-3244

720-888-2518

JonPaul.McLeary@Level3.com

Mark.Stoutenberg@Level3.com

SOURCE Level 3 Communications, Inc.



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