BROOMFIELD, Colo., Oct. 12, 2011 /PRNewswire/ -- Level 3 Communications, Inc. (Nasdaq: LVLT) today announced an expanded set of media and broadcast services that combines Level 3's industry-leading Vyvx Services platform for broadcast backhaul with Global Crossing's Genesis Solutions managed video contribution and distribution services. The announcement was made at SATCON, the New York City-based, premier conference and exhibition for satellite communications and content delivery. The combined video fiber network – one of the largest in the world – allows the company to offer an even broader set of video solutions to a larger base of media clients worldwide, including broadcasters, cable and direct-to-home (DTH) programmers, and sports and news distributors.
"For the first time, we're able to combine the capabilities of Vyvx and Genesis to create one of the largest and most expansive video fiber transmission and teleport networks while also delivering a broader scope of highly customized advanced media services to our current and new clients," said Mark Taylor, vice president of Content and Media at Level 3. "With the power of our comprehensive suite of managed video solutions coupled with our truly world-class video fiber network and managed by a global team of in-region experts, we now have the ability to serve the complex sports and news contribution and full time distribution services around the world."
"To further serve the diverse distribution needs of the global media marketplace, we now have the ability to deliver video content to DTH, cable and broadband outlets on an increasingly international scale. We don't think anyone in the video contribution and distribution business has surpassed our global video reach and sophisticated solution sets to serve media clients better," Taylor continued.
The Vyvx and Genesis solutions are built around a new generation of advanced video services designed to deliver broadcast quality rich media content to more than 450 markets in more than 45 network countries. Customers receive not only fully managed end-to-end video delivery solutions for dedicated and occasional use, but also the ability to book broadcasts, receive customer care and access self-service portals 24x7.
"From the transport of native or source HD and 3D television signals to the delivery of Internet Broadcast applications, we are exceedingly well positioned to fully manage end-to-end video for our broadcast and media clients," said Taylor. "We are extremely excited to put these tools to work for broadcasters and programmers everywhere."
For more information on Level 3's Vyvx and Genesis video solutions – the services of choice for many of the world's top events including Grand Slam tennis, Formula One racing, golf classics, Major League Soccer, Major League Baseball, the Olympics, various elections, political conventions, rock concerts and more – visit http://www.level3.com/en/solutions/industry/media-and-broadcast/
Level 3 Communications, Inc. (NASDAQ: LVLT) is a premier international 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, collaboration, broadcast, 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 reaching five continents. For more information, visit www.level3.com.
Some of the statements made in this press release are forward looking in nature. These statements 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. The most 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, the current uncertainty in the global financial markets and the global economy; a discontinuation of the development and expansion of the Internet as a communications medium and marketplace for the distribution and consumption of data and video; and disruptions in the financial markets that could affect Level 3's ability to obtain additional financing. Additional factors include, but are not limited to, the company's ability to: increase and maintain the volume of traffic on its network; develop effective business support systems; manage system and network failures or disruptions; develop new services that meet customer demands and generate acceptable margins; defend intellectual property and proprietary rights; adapt to rapid technological changes that lead to further competition; attract and retain qualified management and other personnel; successfully integrate future acquisitions; and meet all of the terms and conditions of 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.