SAO PAULO, March 13, 2014 /PRNewswire/ -- Level 3
Communications, Inc. (NYSE: LVLT) today announced that it has
signed an agreement with Cinemark Brazil, one of the largest cinema
networks in the world. Level 3 is enhancing the efficiency of
Cinemark's communications systems by providing the company with
Internet services in Sao Paulo to
support connectivity to its VPN (virtual private network) of 64
movie theater complexes, which are distributed throughout 36
Brazilian cities.
Headquartered in the United
States and present in 12 other countries, Cinemark Network
arrived in Brazil in 1997 and is
using Level 3 Internet services to optimize its online
communication and corporate systems. The Level 3 network is capable
of supporting all Cinemark movie theaters in 16 Brazilian states
simultaneously while maintaining optimal performance.
"Level 3's high-quality network connectivity and communications
services allow us to provide each of our Cinemark locations with a
faster Internet connection to increase overall
productivity," said Vinicius
Capretz, IT infrastructure coordinator for Cinemark Brazil.
"Level 3's broad service capabilities bring the continued value we
need to be able to support the future expansion of our
business."
"Level 3´s scalable, efficient and reliable IP network can
provide our customers with fast and dedicated global access to
business systems and applications," said Marcos Malfatti, senior vice president of Sales
for Level 3 in Brazil. "Level 3's
advanced Internet backbone provides Cinemark with a seamless
experience, whether uploading or downloading information between
its theaters, as well as the added assurance of dedicated network
security, management and 24/7 technical support to help the future
growth of its business."
For more information on Level 3's advanced network and service
offerings, visit www.level3.com.
About Cinemark Brazil Network
A leader in the entertainment industry, Cinemark Network represents
around 30 percent of the Brazilian cinema market and is larger than
its three main competitors combined, with 508 movie theaters in 64
complexes distributed in 16 states and the Federal District:
Mato Grosso do Sul, Mato Grosso, Minas Gerais, Parana, Rio de
Janeiro, Rio Grande do Sul, Rio Grande do Norte,
Sao Paulo, Sergipe, Goias,
Santa Catarina, Espirito Santo, Bahia, Amazonas, Tocantins and
Pernambuco. The first 3D movie theater in South America, located in Shopping Eldorado in
Sao Paulo, belongs to the Cinemark
Network, , and meets the same standards as the leading American
studios. Currently, the Network operates 214 theaters in
Brazil with 3D digital technology.
Recently, Cinemark brought a new technology, Extreme Digital
Cinema XD – to their theaters, an advancement that uses
bigger screens and even more powerful sound, merging the most
modern 2D and 3D technologies. XD theaters are already present in
23 complexes. In order to enjoy Cinemark theaters in any of the
Network's complexes, viewers can buy their tickets online. They can
also count on Cinemark's mobile platform, which has several
applications to check show times and is available for Android,
iPhone, and Blackberry
About Level 3 Communications
Level 3 Communications,
Inc. (NYSE: LVLT) is a Fortune 500 company that provides local,
national and global communications services to enterprise,
government and carrier customers. Level 3's comprehensive portfolio
of secure, managed solutions includes fiber and infrastructure
solutions; IP-based voice and data communications; wide-area
Ethernet services; video and content distribution; data center and
cloud-based solutions. Level 3 serves customers in more than 500
markets in over 60 countries across a global services platform
anchored by owned fiber networks on three continents and connected
by extensive undersea facilities. For more information, please
visit www.level3.com or get to know us on Twitter, Facebook and
LinkedIn.
Website Access to Company Information
Level 3
maintains a corporate website at www.level3.com, and you can find
additional information about the company through the Investors
pages on that website at
http://investors.level3.com/investor-relations/default.aspx. Level
3 uses its website as a channel of distribution of important
information about the company. Level 3 routinely posts financial
and other important information regarding the company and its
business, financial condition and operations on the Investor
Relations web pages.
Visitors to the Investors Relations web pages can view and print
copies of Level 3's SEC filings, including periodic and current
reports on Forms 10-K, 10-Q, 8-K, as soon as reasonably practicable
after those filings are made with the SEC.
Copies of the charters for each of the Audit, Compensation and
Nominating and Governance committees of Level 3's Board of
Directors, its Corporate Governance Guidelines, Code of Ethics,
press releases and analysts and investor conference presentations
are all available through the Investor Relations web pages.
Please note that the information contained on any of Level 3's
web sites is not incorporated by reference in, or considered to be
a part of, any document unless expressly incorporated by reference
in that document.
The information contained under the caption "About Cinemark"
has been provided by Cinemark, which is solely responsible for its
content.
Forward-Looking Statement
Some statements
made in this press release are forward-looking in nature and 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. Important factors that could prevent Level 3 from
achieving its stated goals include, but are not limited to, the
company's ability to: manage risks associated with continued
uncertainty in the global economy; increase revenue from its
services to realize its targets for financial and operating
performance; maintain and increase traffic on its network; develop
and maintain effective business support systems; manage system and
network failures or disruptions; avert the breach of its network
and computer system security measures; develop new services that
meet customer demands and generate acceptable margins; manage the
future expansion or adaptation of its network to remain
competitive; defend intellectual property and proprietary rights;
manage continued or accelerated decreases in market pricing for
communications services; obtain capacity for its network from other
providers and interconnect its network with other networks on
favorable terms; attract and retain qualified management and other
personnel; successfully integrate future acquisitions; effectively
manage political, legal, regulatory, foreign currency and other
risks it is exposed to due to its substantial international
operations; mitigate its exposure to contingent liabilities; and
meet all of the terms and conditions of its 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.
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Contact
Information
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Media:
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Investors:
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Jon Paul McLeary
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Mark Stoutenberg
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+1 720-888-3244
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+ 1 720-888-2518
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jonpaul.mcleary@level3.com
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Mark.Stoutenberg@Level3.com
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Paula Vivo
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Latin America
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+55 11-3957-2424
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Paula.Vivo@Level3.com
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SOURCE Level 3 Communications, Inc.