Level 3 Expects to Provide Low Cost Bandwidth Services to Internet Content Providers and other Customers in Six Equinix Centers by Year's End
BROOMFIELD, Colo., October 10, 2000 – Level 3 Communications, Inc. (Nasdaq:LVLT) today announced it has connected its Internet protocol (IP) network to Equinix (Nasdaq:EQIX) centers in the Los Angeles, New York and Silicon Valley metropolitan areas.
Level 3 already provides low cost bandwidth services to Internet content providers and other customers in these three Equinix centers, and expects to offer services in additional Equinix locations in the Chicago, Dallas and Washington, D.C. metropolitan areas by year's end. The agreement with Equinix, an operator of neutral Internet Business Exchange (IBX) centers where Internet businesses can directly interconnect with each other, enables Level 3 to continue to expand availability of its low cost bandwidth services beyond its own data centers.
Level 3 currently provides Internet protocol (IP) network services in 47 Level 3 data centers, called Gateways, in the United States, Europe and Asia. The company has more than 4.4 million square feet of data center space around the world, and has pre-funded the acquisition and construction of another 2.1 million square feet.
"We're pleased to announce that we expect to offer our services in Equinix's Chicago, Dallas and Washington, D.C. area IBX centers by the end of this year," said Carlos Lopez-Abadia, vice president of Global Gateway Services for Level 3. "Service availability in these additional locations, combined with our already live services in the Los Angeles, New York metropolitan area and Silicon Valley centers, enables Level 3 to offer its low cost bandwidth services to more Internet content providers and other IP intensive customers. Our relationship with Equinix gives Level 3 an important marketing channel that will drive additional traffic onto our metropolitan and intercity networks."
Level 3 plans to offer a variety of services in the Equinix IBX centers, 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 Equinix IBX centers include (3)Voice, Managed Modem, Global Wavelengths, (3)CrossRoads and other network services.
(*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, (3)CrossRoads, and (3)Voice are service marks of Level 3 Communications, Inc. in the United States and/or other countries. Internet Business Exchange and IBX are trademarks of Equinix, 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.
