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Under the terms of the agreement, Level 3 will augment the services it already delivers to Telekenex to include private line and Ethernet-based high-speed Internet services. Level 3's connections enable Telekenex to connect all of its locations via a private high-speed network, and also allow the company to deliver to its customers network connectivity up to 10 Gigabits per second -- enough capacity to transport 128 simultaneous high-definition video downloads per second -- supported by Level 3 service level agreements.
"Level 3 has proven its value in delivering the reliable communications services we -- and our customers -- need," said Anthony Zabit, president and COO of Telekenex. "As our business continues to grow, it's important to have an IP service provider that can grow in lock-step with us."
"Level 3 prides itself on being a trusted communications partner that our customers want to expand their relationship with," said Jeff Tench, president of Level 3's Business Markets Group. "The combination of our network's breadth, reach and scalability is proving to be a highly attractive service offering to an increasing number of enterprise and service provider customers."
Level 3's Business Markets Group leverages the power of the company's extensive fiber-optic network, metro assets, and locally focused sales and sales support organization to deliver a world-class experience to enterprise customers throughout the United States.
About Level 3 Communications
Level 3 Communications, Inc. (NASDAQ: LVLT) is a leading international provider of fiber-based communications services. Enterprise, content, wholesale and government customers rely on Level 3 to deliver services with an industry-leading combination of scalability and value over an end-to-end fiber network. Level 3 offers a portfolio of metro and long-haul services, including transport, data, Internet, content delivery and voice. For more information, visit www.Level3.com.
© Level 3 Communications, LLC. All Rights Reserved. Level 3, Level 3 Communications and the Level 3 Communications Logo are either registered service marks or service marks of Level 3 Communications, LLC and/or one of its Affiliates 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 names, product names, company names or logos included herein are the trademarks or service marks of their respective owners.
Forward-Looking Statement
Some of the statements made 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 Level 3's control, which could cause actual events to differ materially from those expressed or implied by the statements. The most important factors that could prevent Level 3 from achieving its stated goals include, but are not limited to, the current uncertainty in the global financial markets and the global economy; disruptions in the financial markets that could affect Level 3's ability to obtain additional financing; as well as the company's ability to: successfully integrate acquisitions; increase the volume of traffic on the network; defend intellectual property and proprietary rights; develop effective business support systems; manage system and network failures or disruptions; develop new services that meet customer demands and generate acceptable margins; attract and retain qualified management and other personnel; and meet all of the terms and conditions of 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.