Date: Wed, January 16, 2002
Publication:
Cox Purchases Multiple Level 3 Services to Support its 779,000 High-Speed Internet Customers
Agreements Enable Cox to Provide High-Speed Internet Services Over its Own Nationwide Network
BROOMFIELD, Colo., January 16, 2002 - Level 3 Communications, Inc. (Nasdaq:LVLT) today announced it has signed multiple agreements to provide Cox Communications with broadband infrastructure services that support the company's 779,000 residential and business high-speed Internet customers. The agreements enable Cox to provide high-speed Internet services over its own nationwide Internet Protocol (IP) network.
Under the terms of the agreements, Cox has purchased (3)CrossRoads Internet access and (3)Center Colocation service in five major U.S. markets to connect its subscribers to the public Internet, other networks and content providers. Cox also is using Level 3's OC-48 (3)Link Private Line and metropolitan dark fiber services to connect its regional data centers and metropolitan fiber-optic networks to the Level 3 network.
"We're pleased that Cox Communications has chosen to use many of Level 3's broadband services to support the creation of its own high-speed network, and look forward to immediately helping the company serve its customers in North America," said Neil Hobbs, group vice president for Level 3. "We believe our network, provisioning and operational capabilities are unsurpassed in the industry, and give us a strong competitive advantage in meeting the needs of companies like Cox."
"We chose Level 3 primarily because of its network quality and provisioning capabilities," said Scott Hatfield, chief information officer for Cox Communications. "We were very impressed with Level 3's ability to turn up the services very quickly at a time when our need was great. Level 3 was able to activate more than 10 gigabits of Internet access in less than a week at interface speeds up to 2.5 gigabits per second. As a result, we're now able to offer services over our own high-speed nationwide IP network."
"Level 3's scalable, multi-conduit network infrastructure provides the building blocks that enable our customers to design and manage their own high-speed networks, while taking advantage of the technology and cost advantages Level 3 is uniquely positioned to offer our customers," added Hobbs.
"Level 3 consulted with us for more than six months on a contingency plan we prepared as we were exploring the possibility of designing our own network infrastructure," said Stephen J Naidyhorski, senior network engineer for Cox Communications. "We were impressed with Level 3's flexibility and responsiveness during this process, and their ability to quickly activate our new broadband backbone once we made the decision to design our own network."
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.
