LONDON, April 18, 2012 /PRNewswire/ -- Level 3 Communications, Inc. (NYSE: LVLT) today announced that it has been selected by Hexaglobe, a Paris-based media services provider, to enhance the delivery of reliable, high-quality video services to Hexaglobe's media and broadcast customers. Level 3 will also help Hexaglobe optimize bandwidth to quickly scale to support traffic spikes, minimizing unused bandwidth and operate more efficiently.
Under the terms of the contract, Level 3 will provide high-speed IP services to Hexaglobe, supporting its media services such as on-demand video solutions and content management services to broadcasters and new media customers. Using Level 3's global IP network, Hexaglobe will have access to increased connectivity throughout Europe and in the U.S. This access will allow Hexaglobe to offer a higher level of service to their media and broadcast customers, who are increasingly experiencing unpredictable spikes in video traffic.
"The nature of our services requires a network that can rapidly adjust to accommodate irregular video traffic patterns, which is why we teamed up with the reliable provider of choice," said Franck Coppola, President of Hexaglobe. "With Level 3's fast and nimble support, our customers can be confident that – even during peak traffic times – we will have the scalable network capacity available that is coupled with the network reach to bring their content to a global audience."
"Our high-speed IP offering rides on our global and continuously upgradeable IP network, which is ideal for Hexaglobe as demand for new media services and delivery continue to grow," said James Heard, regional president of the EMEA region for Level 3. "As abruptly or quickly as their network needs change, Hexaglobe can rely on Level 3 to help them deliver a great experience to their customers."
For more information on Level 3's advanced network and service offerings, visit www.level3.com.
About Level 3 Communications
Level 3 Communications, Inc. (NYSE: LVLT) is a premier global provider of IP-based communications services to enterprise, content, government and wholesale customers. Over its reliable, scalable and secure network, Level 3 delivers integrated IP solutions, including converged, data, voice, video and managed solutions to help enable customers' growth and efficiency. Level 3 operates a unique global services platform anchored by owned fiber networks on three continents in more than 45 countries, connected by extensive undersea facilities. Level 3 services are provided by subsidiaries of Level 3 Communications, Inc. For more information, visit www.level3.com.
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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; obtain additional financing, particularly in the event of disruptions in the financial markets; manage continued or accelerated decreases in market pricing for communications services; maintain and increase traffic on its network; develop and maintain effective business support systems; manage system and network failures or disruptions; develop new services that meet customer demands and generate acceptable margins; adapt to rapid technological changes that could adversely affect the company's competitiveness; defend intellectual property and proprietary rights; 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.