Level 3 Announces Agreement with Information Television Network to Provide Services to Support its Broadcast Programming
BROOMFIELD, Colo., May 31, 2011 /PRNewswire/ — Level 3 Communications, Inc. (NASDAQ: LVLT) today announced that it has signed an agreement with Information Television Network (ITV), a producer of health and wellness broadcast programming based in Florida, to provide bandwidth support for the company’s expanding production needs.
Due to increased viewership and a move to more high-definition programming, bandwidth requirements for ITV have increased dramatically. The production company also requires network service solutions that will improve information transfer speeds and employee productivity, while ensuring network reliability. By building fiber directly into its studio and providing the broadcaster with direct Internet access (DIA) service, Level 3 was not only able to solve ITV’s bandwidth problems, but also ensure greater service reliability. Direct access to Level 3′s breadth of services will also enable ITV to scale its network services to meet future growth.
“As a leading producer of health and wellness programming, ITV is committed to delivering an extensive library of content and programming to our partners. The visual quality and resolution of our content continues to rise, and we require a network partner that is capable of scaling with us to meet our need for increasing amounts of capacity,” said Ed Lerner, executive producer at Information Television Network. “By connecting us directly to their network and providing us with first-rate Internet services, Level 3 has demonstrated that it is more than capable of handling our need for increased bandwidth.”
ITV will be using Level 3′s services to transfer bandwidth-intensive content across its network and to improve employee connectivity. Under the terms of the agreement and in addition to the fiber build into ITV’s studio facility, Level 3 is providing ITV with 20 megabits per second (Mbps) DIA and providing a T1 line for voice services.
“The broadcast industry is experiencing an explosion of high-quality content, and bandwidth demand has become a critical issue in keeping production services operating smoothly,” said Andrew Crouch, president of Sales for Level 3. “Level 3′s network services are designed to provide a comprehensive portfolio of solutions, and we are delighted that ITV is able to use our services and direct connection to our network to improve their production efficiency.”
For more information on Level 3′s network solutions, visit www.level3.com.
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.
Ã‚© 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.
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; a discontinuation of the development and expansion of the Internet as a communications medium and marketplace for the distribution and consumption of data and video; and disruptions in the financial markets that could affect Level 3′s ability to obtain additional financing. Additional factors include, but are not limited to, the company’s ability to: increase and maintain the volume of traffic on its network; develop effective business support systems; manage system and network failures or disruptions; develop new services that meet customer demands and generate acceptable margins; defend intellectual property and proprietary rights; adapt to rapid technological changes that lead to further competition; attract and retain qualified management and other personnel; successfully integrate acquisitions; 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.
Contact Information Media: Investors: Jon Paul McLeary Mark Stoutenberg Level 3 Communications Level 3 Communications 720-888-3244 720-888-2518
SOURCE Level 3 Communications, Inc.