Level 3 Communications, Inc. (NASDAQ: LVLT) today announced it will significantly upgrade its Vyvx VenueNet infrastructure. VenueNet+ will introduce new and enhanced services in venues nationwide, designed to support innovation in broadcast delivery. In 2010, Level 3’s investment will focus on upgrading venue services in time for the start of the U.S. professional football and hockey seasons. In 2011, Level 3 expects to continue upgrading venue services in time for professional basketball and baseball seasons. Upgrades will include:
Since 1994, Vyvx VenueNet services have set a standard for broadcasters’ event delivery, deploying services in more than 100 professional sports venues in the U.S. In 2009 alone, Level 3 Vyvx services delivered over 18,000 sports feeds, totaling more than 140,000 hours of live video transmission.“As demand for connectivity into venues increases and the call for innovation in event delivery grows louder, Level 3 is investing to enable both, while making the process as simple as possible for our customers,” said Peter Neill, senior vice president of Content Markets at Level 3. “From high-speed IP to live HD delivery, we’re committed to providing the services our customers want by driving technology forward, and expanding the possibilities for how events are delivered over the Level 3 network.” For more information on Level 3’s Media services, please click here or visit www.Level3Delivers.com. Level 3 will be at the NAB Show in Las Vegas on April 12-15 to discuss its broadcast delivery capabilities. The Level 3 booth will be located in the South Hall – SU9506Z in the Destination Broadband Pavilion. 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, Vyvx, VenueNet, VenueNet+ 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 StatementSome 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: increase and maintain the volume of traffic on the network; successfully integrate acquisitions; develop effective business support systems; defend intellectual property and proprietary rights; manage system and network failures or disruptions; develop new services that meet customer demands and generate acceptable margins; adapt to rapid technological changes that lead to further competition; 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.