Will Provide 2.5Gbit Transatlantic Wavelength from London to New York
LONDON, August 29, 2002 - Level 3 Communications, Inc. (Nasdaq:LVLT) announced today that it has been selected by DANTE (Delivery of Advanced Network Technology to Europe), the government backed pan-European research community network operator, to provide communications services between London and New York.
The 2.5Gbit wavelength terminates at a Level 3 data center in New York and will connect the European research networks with those in the U.S. This will enable both academic groups to flow information, easily, quickly and reliably between one another using the Global Terrabit Research Network, which is a partnership to establish a true worldwide next-generation Internet to interconnect national and multinational high-speed research and education networks.
"We selected Level 3 because it was able to provide DANTE with end-to-end connectivity over fibres that are owned by the company," said Dai Davies, general manager of DANTE. "This gives DANTE the essential connectivity between U.S. researchers and their counterparts in the European research networks of 32 countries across Europe that connect to the pan-European GÉANT network."
GÉANT is the Consortium of European Research's sixth-generation network, connecting approximately 3,000 universities and research centres across 32 countries.
"We are delighted to have won this contract as it further confirms our position as a major supplier of quality services to the academic community," said Brady Rafuse, president of Level 3's operations in Europe. "It proves yet again the value of having built our own network, where we can guarantee the quality of service from end-to-end."
Level 3 offers a range of communications services targeted toward the world's top 300 bandwidth customers, including companies such as AOL, BT, Cable & Wireless, COLT Telecom Group, France Telecom and Microsoft.
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.
