Level 3 Communications and Lehigh Valley Association of Independent Colleges Sign Long-Term Internet Access Agreement
Seven Lehigh Valley Colleges to Use Level 3 Services for High-Speed Collaboration, Content Delivery and Next Generation Applications
BROOMFIELD, Colo., November 30, 2006 - Level 3 Communications’ Business Markets Group today announced a five-year, $2.4 million agreement with the Lehigh Valley Association of Independent Colleges (LVAIC) to provide Level 3® Dedicated Internet Access over Ethernet service to seven LVAIC-affiliated institutions in Eastern Pennsylvania. Under the terms of the agreement, the new service will be used by each college to enable high-speed collaboration, enhance Internet content delivery, share next-generation applications, and implement disaster recovery protocols.
“Level 3’s comprehensive network capabilities and extensive experience in servicing the higher education marketplace made them our most logical and strategic partner for this major, multiple college deployment,” said Bill Marushak, director of business services for LVAIC. “The high performance interconnections provided by this service will deliver significant value to each of the seven colleges participating in this initiative. We also anticipate a positive effect on the greater Lehigh Valley community in the form of increased collaboration between LVAIC institutions and area enterprises, potentially resulting in more local employment opportunities.”
The initial delivery of 1 Gigabyte of Level 3® Dedicated Internet Access over Ethernet service to the LVAIC-affiliated institutions will begin in early 2007, with the complete rollout targeted for early 2008.
"We are pleased to announce this agreement with the Lehigh Valley Association of Independent Colleges and look forward to supporting the advanced needs of the individual colleges, as well as those of the consortium,” said Joe McCourt, senior vice president of sales for Level 3’s Business Markets Group. “This agreement with LVAIC underscores our commitment to providing the academic community with state-of-the-art network services that encourage collaboration, research, administration and online educational activities.”
Earlier this year, as part of its continuing support of the higher education market, Level 3 announced plans with Internet2, a U.S. advanced networking consortium led by the research and education community, to develop and deploy a new nationwide network that will provide next-generation production services and a platform for the development of networking ideas and protocols.
Level 3’s Business Markets Group is dedicated to serving a broad range of organizations with high demands for connectivity and advanced network services, such as enterprises, government agencies, and local and regional carriers. With dedicated sales and service staff in 120 markets, facilities-based access to the company’s expansive footprint, and a comprehensive solutions portfolio, Level 3 is well-positioned to address the enterprise telecommunications environment.
About Level 3 Communications
Level 3 Communications, Inc. (Nasdaq: LVLT), an international communications company, operates one of the largest Internet backbones in the world. Through its customers, Level 3 is the primary provider of Internet connectivity for millions of broadband subscribers. The company provides a comprehensive suite of services over its broadband fiber optic network including Internet Protocol (IP) services, broadband transport and infrastructure services, colocation services, voice services and voice over IP services. These services provide building blocks that enable Level 3’s customers to meet their growing demands for advanced communications solutions. The company’s Web address is http://www.level3.com/.
“Level 3 Communications,” ”Level 3" and the Level 3 Communications logo are registered service marks of Level 3 Communications, Inc. in the United States and/or other countries. Any other product and company names herein may be trademarks of their respective owners. Level 3 services are provided by wholly owned subsidiaries of Level 3 Communications, Inc.
Some of the statements made by Level 3 in this press release are forward-looking in nature. Actual results may differ materially from those projected in forward-looking statements. Level 3 believes that its primary risk factors include, but are not limited to: increasing the volume of traffic on Level 3’s network; developing new products and services that meet customer demands and generate acceptable margins; successfully completing commercial testing of new technology and information systems to support new products and services, including voice transmission services; stabilizing or reducing the rate of price compression on certain of our communications services; integrating strategic acquisitions; attracting and retaining qualified management and other personnel; and the ability to meet all of the terms and conditions of our 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 release should be evaluated in light of these important factors.
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