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Level 3 to Deliver U.S. Internet Traffic for GemNet

2009-12-18 17:35
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U.S. High-Speed IP Connectivity to Improve Global Network Reach

BROOMFIELD, Colo.--(BUSINESS WIRE)--Level 3 Communications, Inc. (NASDAQ: LVLT) today announced an agreement with GemNet LLC, a Mongolian telecommunications and Internet wholesale provider. Level 3 will deliver high-speed Internet Protocol (IP) services in the United States to support GemNet’s broad customer base of Mongolian Internet service providers (ISPs).

“As broadband penetration continues to grow across Mongolia and neighboring countries, demand for high-quality global communications is increasing dramatically,” said Ts Bat-Erdene, chief executive officer of GemNet. “Level 3 offers extensive network connectivity for carriers located across Asia, Europe and the United States to meet the growing demand for Internet services in Mongolia.”

Under the terms of the five-year agreement, Level 3 will deliver high-speed IP services in the U.S. for GemNet to connect their growing customer base directly to global Internet destinations. The Level 3 network provides a key component of the trans-continental network infrastructure for GemNet.

The GemNet network delivers a high-capacity, low-latency transit route – via Mongolia – between Asia and Europe and between Asia and the United States. These capabilities build on GemNet’s regional network partnerships with the People’s Republic of China and Russian Federation to position GemNet as a valuable provider to international carriers and more than 30 ISPs across Mongolia.

“Emerging international markets represent a significant opportunity for traffic growth over the Level 3 network,” said Andrew Crouch, president of Wholesale Markets for Level 3. “As GemNet extends its network reach to a greater number of end-user customers in Mongolia and around the region, Level 3 is well positioned to provide an international network platform to support their ongoing growth and innovation.”

Renesys Corporation measures Level 3 as the world’s largest IP transit network. Connectivity via the Level 3 network offers global carriers the network reach, performance and scale to meet the growing demands of residential and business communications.

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.

Contacts

Level 3 Communications, Inc.
Media:
Kimberly Greene, +1 720-888-3675
or
Investors:
Mark Stoutenberg, +1 720-888-1662