LVLT 1.40 +.04 on news.
Cypress Communications Selects Level 3 for Nationwide High-Bandwidth ServicesLast update: 9/29/2009 8:00:10 AMLevel 3 to Deliver Services to Cypress in 29 Markets Across the Country BROOMFIELD, Colo., Sep 29, 2009 (BUSINESS WIRE) -- Level 3 Communications, Inc. (LVLT) today announced that it has been selected to deliver a variety of high-bandwidth services to Cypress Communications, a provider of managed voice, data and Internet solutions for more than 6,000 companies in 38 states across the nation. Under the terms of the agreement, Level 3 will provide Cypress with colocation, voice and a variety of Ethernet-based and dedicated high-bandwidth services (e.g., Ethernet private line, Ethernet virtual private line, high-speed dedicated Internet access, etc.) that will enable Cypress to provide its customers with a greater selection of advanced network, redundancy and continuity services. "Level 3 is an appealing strategic partner for us because of the company's nationwide backbone and fiber assets in our target metro markets," said Jorge Rosado, executive vice president of engineering and network operations for Cypress Communications. "The Level 3 network will help us accommodate the growth we're seeing from the popularity of our C4 IP hosted VoIP and unified communications solution." "Level 3 has one of the largest IP networks in the world, and our new relationship with Cypress Communications demonstrates the benefits of leveraging our long-haul and metro networks to deliver the full spectrum of communications services to businesses throughout the country," said Jeff Tench, president of Level 3's Business Markets Group. " 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 world-class services to enterprise customers and service providers throughout the United States. About Level 3 Communications Level 3 Communications, Inc. (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 . Level 3 Communications, Level 3, the red 3D brackets and the Level 3 Communications logo are registered service marks of Level 3 Communications, LLC and/or 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, product or company names recited herein are 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. SOURCE: Level 3 Communications, Inc. Level 3 Communications, Inc. Media: Vince Hancock, 720-888-2146 or Investors: Mark Stoutenberg, 720-888-2518Copyright Business Wire 2009 Copyright © 2009 MarketWatch, Inc. All rights reserved. Please see our Terms of Use.
News 
Market Data 
Discover 
AI
