Telseon's Metropolitan Ethernet Technologies Enable Level 3 to Offer (3)CrossRoads Internet Access to More Companies in Over 20 U.S. Markets
Agreement with Telseon Facilitates Faster, Less Expensive Local Access to Level 3's Continuously Upgradeable Global Broadband Network
BROOMFIELD, Colo., Jan. 24, 2001 - Level 3 Communications, Inc. (Nasdaq:LVLT) today announced an agreement with Telseon that expands Level 3's U.S. customer base. Specifically, Level 3 is using Telseon's metropolitan Ethernet network connections to Internet data centers and other buildings not previously served by Level 3 to provide (3)CrossRoads Internet access to communications-intensive customers in more than 20 U.S. markets. (3)CrossRoads is a high performance network service that can lower bandwidth costs for communications-intensive companies by as much as 50 percent.
"Our agreement with Telseon enables more companies to gain faster, less expensive access to Level 3's continuously upgradeable global broadband network," said Dan Caruso, senior vice president of Global Transport and IP Services for Level 3. "Telseon's extensive Ethernet-based metropolitan networks allow us to extend the reach of (3)CrossRoads into additional facilities that give us an excellent opportunity to drive more traffic onto our metropolitan, long-haul and undersea networks."
"Level 3 will be able to extend the footprint of its broadband services, and the Telseon network will expand to include key on and off ramps to Level 3's IP backbone," said Mike McHale, chief operating officer at Telseon. "Telseon is working with Level 3 to simplify data communications with a continuous optical network that provides cost-effective Internet access services on an instantly scaleable Ethernet platform."
Everest Broadband Corporation among Initial Customers
Fort Lee, NJ-based Everest Broadband, a leading building services provider of high-speed voice, data and ASP services for multi-tenant (MTU) buildings, is among the initial (3)CrossRoads customers using the combined
Level 3/Telseon service.
"Everest Broadband chose the combined Level 3/Telseon service because it can be provisioned faster and is less expensive than competing local and long-distance Internet access services," said Shiv Padhi, director of business for Everest Broadband. "The bundled Ethernet-based service enhances Everest's ability to provide our MTU business customers with high-performance, scaleable infrastructure and IT services at competitive prices."
About (3)CrossRoads Internet Access Service
(3)CrossRoads is an IP-based Internet access service that offers a wide range of interface types and access locations, including a Gigabit Ethernet (1,000 Mbps) customer interface option. Level 3 employs a unique network approach to track the destination of IP packets and monitor the bandwidth usage on its high-capacity, continuously upgradeable fiber optic network. (3)CrossRoads features Destination Sensitive Billing (DSB), the industry's first pricing based on the destination of Internet traffic rather than traditional flat rate pricing. The new service enables Level 3 customers to enjoy long-term cost savings and bypass congested Internet exchange points, minimizing latency and improving the end-user experience. (3)CrossRoads service is available today in 39 major North American markets where Level 3 owns and operates Internet and communications facilities called "Gateways," including Atlanta, Boston, Chicago, Dallas, Denver, Los Angeles, New York, San Francisco, Seattle and Washington, D.C. Level 3 also offers (3)CrossRoads service in nine European and two Asian markets.
Level 3 customers can take advantage of (3)CrossRoads from a Level 3 Gateway, their own premises, and other IP-enabled facilities connected to the Level 3 network - such as neutral colocation centers and carrier hotels. For more information on (3)CrossRoads, visit www.level3.com/us/services/crossroads.
(3)CrossRoads 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.
