BROOMFIELD, Colo., Feb. 2, 2015 /PRNewswire/ -- Gartner named global telecommunications provider Level 3 Communications, Inc. (NYSE: LVLT) a Challenger in its January 2015 Global Network Services Magic Quadrant* report for the first time, moving it from the Niche Players position.
Enterprises' global network needs are evolving rapidly, driven by cloud IT adoption and the growing importance of emerging markets. The report assesses suppliers that can deliver fixed networking services worldwide with a focus on optimal customer service. Additionally, it recognizes key market changes for global customers including their need to access emerging capabilities like cloud and Network Function Virtualization (NFV)-based offerings, to have broad geographic reach and to maintain flexibility and agility when purchasing services.
"We believe our position is a testament to the importance of a secure and flexible network strategy for enterprises as they address the increasingly complex operating environment of today's technology landscape," said Anthony Christie, chief marketing officer for Level 3. "Focusing on providing an excellent customer experience while meeting the evolving needs of our global customer base has shaped Level 3's strategy around network expansion and our innovative product offerings."
Recognizing the importance of a global strategy, Level 3 grew its network by adding 22 MPLS Points of Presence in key markets such as Marseille and Budapest, amongst others. Through its acquisition of U.S.-based tw telecom, Level 3 tripled its on-net building presence in North America for a total of 30,000 connected buildings.
To view the full report, visit http://www.gartner.com/reprints/level-3-communications---co?id=1-28QPS4Q&ct=150128&st=sg.
For more information on Level 3's advanced network and service, visit www.level3.com.
*Gartner "Magic Quadrant for Network Services, Global," by Neil Rickard, Bjarne Munch, January 14, 2015.
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
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.
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 tw telecom acquisition; manage risks associated with continued uncertainty in the global economy; increase revenue from its services to realize its targets for financial and operating performance; 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; manage the future expansion or adaptation of its network to remain competitive; defend intellectual property and proprietary rights; 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.