Level 3 Launches High-Capacity Metropolitan Networks in Buenos Aires and Bogota
BUENOS AIRES, Argentina, March 26, 2013 /PRNewswire/ -- Level 3 Communications, Inc. (NYSE: LVLT) today announced it is responding to customer demand for more capacity and expanding its end-to-end service capabilities by launching new high-speed metropolitan networks in Buenos Aires, Argentina and Bogota, Colombia. These advanced, high capacity, high-bandwidth networks greatly enhance services there. Level 3 has existing metropolitan high-speed networks in Sao Paulo and Rio de Janeiro, Brazil.
"One of the main challenges data communications providers face is how to develop an infrastructure that can manage the data traffic explosion resulting from the complex system of integrated services and applications that companies have to cope with on a daily basis," noted Gina Sanchez, Frost & Sullivan telecommunication services industry analyst for Latin America. "Level 3's high-capacity metropolitan networks are addressing this challenge, optimizing customer connectivity and thus enhancing customer experience."
The new networks offer Level 3's customers in these markets a more robust backbone, delivering up to 40 gigabit-per-second (Gbps) links to end customers. Wholesale and enterprise customers also can build their own backbones and dedicated networks, and interconnect with Level 3's and others' data centers to build SAN (Storage Area Network), disaster recovery and cloud services solutions.
In both Bogota and Buenos Aires, the networks have multiple high velocity nodes throughout each metropolitan area, with a total capacity of 80x40Gbps and the potential of upgrading to 80x100Gbps. Data centers, carrier points of presence, and financial centers, among other high bandwidth locations, will have easy access to these high capacity networks.
"Level 3 is always working to meet all the needs of our customers, and by launching these metropolitan networks, we will be able to address our customers' increasing demand for capacity in two very important markets in Latin America," said Leonardo Barbero, Level 3's senior vice president and chief marketing officer for Latin America. "The additional connectivity provided by the new networks enables significantly faster network speed and scalable capacity, giving an advantage to any customer doing business in either market."
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. Level 3 services are provided by subsidiaries of Level 3 Communications, Inc. For more information, visit www.level3.com.
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.
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.