Level 3 Continues to Expand Availability of its Low Cost Bandwidth Services Beyond its own Data Centers
BROOMFIELD, Colo., October 2, 2000 – Level 3 Communications, Inc. (Nasdaq:LVLT) today announced plans to extend its Internet protocol (IP) network to numerous LayerOne, Inc. network interconnection facilities in the United States.
The cross-marketing initiative with LayerOne enables Level 3 to continue to expand availability of its low cost bandwidth services beyond the more than 40 data centers the company currently operates worldwide. "We're pleased to have the opportunity to provide our low cost bandwidth services to Internet service providers, application service providers, Web content providers and other businesses in LayerOne?s facilities," said Carlos Lopez-Abadia, vice president of Global Gateway Services for Level 3.
"This relationship is consistent with our previously stated strategy of expanding our network into data centers operated by other providers. Doing so allows us to significantly expand the availability of our Internet and communication services beyond our own data centers and creates key marketing channels that will drive more traffic onto our metropolitan and intercity networks."
Dallas-based LayerOne is a privately held company building a global network of layer one transport exchange facilities located at the crossroads of some of the world's largest fiber networks. The facilities, called NEXUS Optical Distribution Exchanges, give Level 3 additional network entrance points for its customers, as well as the ability to exchange traffic with other carriers.
"Level 3 has always been known for developing innovative ways to grow its business," said Brandon Freeman, LayerOne's chief operating officer. "They've built an upgradeable IP network that's created a lot of demand for their services. LayerOne's Exchanges provide the perfect venue for other carriers and end customers to connect to Level 3."
Level 3 plans to offer a variety of services in the LayerOne facilities, including (3)CrossRoads EPOP, a new service that uses Ethernet technology to offer high-speed Internet access to businesses at approximately half the cost of similar services. The new (3)CrossRoads EPOP service provides one-gigabit per second Internet access for customers in non-Level 3 colocation centers, carrier hotels and other facilities that cater to IP intensive businesses.
Additional services Level 3 expects to make available in the LayerOne facilities include (3)Voice, Managed Modem, Global Wavelengths, (3)CrossRoads and other network services. Level 3 plans to offer its services initially in LayerOne facilities in Chicago, Dallas, Miami and St. Louis.
(*Softswitches are advanced software based switching systems that enable Level 3 to provide services combining the best features of the Internet and traditional telephone networks.)
(3)CrossRoads EPOP is a service mark of Level 3 Communications, Inc.
About Level 3 Communications
Level 3 Communications, Inc. (NASDAQ: LVLT), an international communications company, operates one of the largest Internet backbones in the world, connecting 180 markets in 18 countries. The company serves a broad range of wholesale, enterprise and content customers with a comprehensive suite of services including: Internet Protocol (IP) services, broadband transport and infrastructure services, colocation services, voice and voice over IP services, content delivery and media distribution services. These services provide the building blocks to enable Level 3’s customers to meet their growing demands for advanced communications solutions. The company’s Web address is www.Level3.com.
"Level 3 Communications,” "Level 3," the red 3D brackets and the Level 3 Communications logo are registered service marks of Level 3 Communications, LLC in the United States and/or other countries. Level 3 services are provided by wholly owned subsidiaries of Level 3 Communications, Inc. Any other service, product or company names recited herein may be trademarks or service marks of their respective owners.
Forward-Looking Statement
Some of the statements that we make 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 our control, which could cause actual events to differ materially from those expressed or implied by the statements. The most important factors that could prevent us from achieving our stated goals include, but are not limited to our ability to: successfully integrate acquisitions; increase the volume of traffic on our network; defend our intellectual property and proprietary rights; develop new products and services that meet customer demands and generate acceptable margins; successfully complete commercial testing of new technology and information systems to support new products and services; attract and retain qualified management and other personnel; and meet all of the terms and conditions of our 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.
