Norwegian PTT to Use Level 3's Private Line Services in London, Amsterdam and Frankfurt
Telenor Currently Uses Level 3 Network in U.S.
London, 5 September 2002 - Level 3 Communications, Inc. (Nasdaq:LVLT) has been selected to provide the Norway-based service provider Telenor Business Solutions (TBS) with private line services in London, Amsterdam and Frankfurt.
Telenor Business Solutions, a subsidiary of the Norwegian PTT, will use the Level 3 network to connect its main IP backbone sites in Europe to the major Internet exchanges across the three markets. The company already uses Level 3's network in the United States.
"We needed a service provider who could deliver these connections in the fastest possible way," said Per Björck, Telenor Business Solutions' chief technology officer. "We were also looking for a network provider we could trust and could be confident had the financial stability to be a reliable partner to Telenor."
"Telenor has a reputation for excellent customer service and technology leadership. We expect our partners to meet the same high standards we set for ourselves and we were impressed with Level 3 and the speed with which they were able to provide us with capacity," added Björck.
Telenor Business Solutions employs 4,800 people in 10 countries, serving customers across borders with voice and data communications, advanced networks solutions, and managed IT services.
"We are delighted that Telenor Business Solutions has decided to use Level 3's network in these major European markets," stated Brady Rafuse, president for Level 3 in Europe. "Level 3 aims to provide companies requiring wholesale bandwidth with low cost, high capacity network services, which they can confidently use as a foundation for their own business. We hope to continue developing our relationship with Telenor into the future."
Level 3 turned up the Telenor circuits using ONTAP, Level 3's proprietary online customer network management and service provisioning system. Among other capabilities, ONTAP enables delivery of wavelength and private line services when customers require them, rather than in the weeks or months that it typically takes to deliver transport services. This allows customers to tie their network purchases directly to revenue opportunities, rather than basing their orders on speculative long-term projections. ONTAP also enables customers to check Level 3's capacity inventory and prices, plan and order circuits, and manage their Level 3 network via a Web-based interface.
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.
