BROOMFIELD, Colo., April 3, 2013 /PRNewswire/ -- Level 3 Communications, Inc. (NYSE: LVLT) today announced that the U.S. General Services Administration (GSA) has awarded the company a multiple year competitive contract known as GSA Region 4 Integrated Telecommunications Services (GRITS) II. The contract allows Level 3 to bid on and provide communications services to all federal agencies and organizations authorized to use GSA sources of supply and services in the region. The fixed price with economic price adjustment (EPA) contract has a total estimated potential value of up to approximately $285 million, which includes the four-year base term with six additional option years.
"The GRITS II award represents another very strong contract vehicle for Level 3, which in this case will allow us to provide cost-effective solutions to federal agencies in the region," said Edward Morche, senior vice president and general manager of Level 3's Government Markets Group. "Federal agencies are under more pressure than ever to operate as smartly as possible, and since our services are designed to maximize both efficiencies as well as productivity, we will be able to help agencies in this region achieve their goals while Level 3 further penetrates the federal market as a trusted provider."
Level 3 was named as a provider in all four categories, including voice, data, converged services and other wired telecom services, allowing it to bid on business issued by all federal government agencies and organizations within the Southeast Sunbelt Region, where GSA supports over 2,000 Civilian, Defense and Intelligence federal agencies. States in GSA Region 4's Southeast Sunbelt Region include Alabama, Florida, Georgia, Kentucky, Mississippi, North Carolina, South Carolina and Tennessee.
Level 3 is authorized to bid on and provide:
- Virtual Private Network (VPN) Services
- Private Line Services
- Wavelength Services
- Managed Services
- Dark Fiber
- Network Services
- Internet Services
- Colocation Services
- Content Delivery Network (CDN) Services
In addition to GRITS II, Level 3 provides a wide variety of services through numerous government contract vehicles, including Networx Enterprise, WITS 3, GSA Schedule 70, DITCO Basic Agreement, and other GSA Regional Contracts.
For more information on Level 3's government offerings, please visit www.level3.com/government.
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 500 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
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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://investors.level3.com/investor-relations/default.aspx. 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, Corporate Communications