BROOMFIELD, Colo., Jan. 20, 2014 /PRNewswire/ -- Level 3 Communications, Inc. (NYSE: LVLT) today announced that it has signed an agreement with Telekom Malaysia Berhad (TM), a leading telecommunications service provider in Malaysia, to provide Internet localization services, which will enable TM to locally cache high-demand content on its network to enhance Internet connectivity, network efficiency, reliability and security.
As an extension of its high-speed Internet services, Level 3's Internet Localization service combines the company's content delivery network (CDN) with deep edge caching and high-speed IP to efficiently route traffic on TM's network. Internet localization ensures that high-demand, bandwidth-intensive content, such as high-definition video, is readily accessible online. Through this collaboration, TM will use Level 3's services to further enhance Internet connectivity and network efficiency for its enterprise and consumer customers.
According to industry research conducted by Cisco, 90 percent of global consumer Internet traffic will be driven by video by 2015 (VNI Forecast Highlights Tool, 2010-2015). Traditional Internet architectures may restrict the ability of the industry to deliver on this growing demand for high-quality digital content, resulting in service degradation and poor viewing quality as content has to travel over a longer distance on remote networks.
"The rapidly increasing consumption of high-bandwidth content is changing the Internet landscape and altering the way communications providers configure and manage their network infrastructure," said Gary Breauninger, Level 3's group vice president of Strategic Enterprise and Wholesale Sales. "By leveraging the global reach of the Level 3 network to deliver content closer to high-demand population centers, we are able to dramatically improve content access and provide a richer Internet experience."
"Malaysia is a growing market, and our customers are increasingly demanding high-performing Internet services to support both business and personal needs. As such, working with Level 3 will definitely help to enhance TM's customers' surfing experience and also provide a cost-saving prospect by reducing TM's usage of international capacity," said Rozaimy Rahman, executive vice president, Global & Wholesale, TM.
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 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 or get to know us on Twitter, Facebook and LinkedIn.
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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; 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.