LAS VEGAS, April 7, 2014 /PRNewswire/ -- Level 3
Communications, Inc. (NYSE: LVLT) today announced at the 2014
National Association of Broadcasters Show the recent launch of
Level 3's Video Cloud Services, a cloud-based solution that moves,
stores and delivers broadcast and Internet video on a global
scale.
Content companies require the transfer of massive amounts of
video content and data – in a variety of formats – to locations and
devices around the world. This process can be complex to manage,
resulting in production efficiency losses, missed deadlines, poor
user experience and ultimately, unrealized revenue. Level 3′s Video
Cloud Services combine Level 3's content delivery, video broadcast
and cloud storage capabilities to create a more scalable, secure
and streamlined approach to global content distribution.
"Level 3 has collaborated with many content-driven companies,
and the one recurring theme we keep seeing is that these companies
want a one-stop-shop for high-quality video transfer and storage –
for both traditional and online media," said Mark Taylor, vice president of Media and IP
Services at Level 3. "Level 3's Video Cloud Services simplify every
aspect of video delivery, giving our customers the performance and
global reach they need to not only deliver an unparalleled video
experience, but also realize cost efficiencies."
"Ubiquitous networks, hyper-connected devices, and the
ever-increasing consumer appetite for time, space and
device-shifted, on-demand content have forced media companies to
revisit their business models and technology capabilities. For a
media company to survive and thrive in today's environment, agility
is critical," said Mukul Krishna,
global director of Digital Media at Frost & Sullivan.
"Companies need to leverage the cloud to cost effectively and
efficiently manage video throughout its lifecycle and deliver it
measurably and intelligently across multiple screens. Media
companies that do that well will be best poised for success. At
such a time, the availability of Level 3's Video Cloud Services are
extremely timely and the industry can benefit greatly from such
services."
Level 3's Video Cloud Services are a full suite of IP-based
video services designed to support content delivery throughout its
life cycle, from signal acquisition to delivery to viewers.
Services include live Vyvx broadcast video acquisition, encoding
and transcoding, global delivery via the Level 3 CDN, as well as comprehensive, self-service
analytics and reporting. For more information on Level 3's
content-based solutions, visit www.level3videocloud.com.
To see Level 3's Video Cloud Services in action, visit the Level
3 NAB Recreational Vehicle parked on the patio of Las Vegas Convention Center's South Hall.
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 over 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.
© Level 3 Communications, LLC. All Rights Reserved. Level 3,
Vyvx, Level 3 Communications, Level (3) and the Level 3 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. Any other service names, product names, company
names or logos included herein are the trademarks or service marks
of their respective owners. Level 3 services are provided by
subsidiaries of Level 3 Communications, Inc.
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/. 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.
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.
Related Links:
Level 3 Video Cloud Website
Level 3 Website
Contact Information
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Media:
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Investors:
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Francie Dudrey
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Mark Stoutenberg
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720-888-5434
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720-888-2518
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Francie.Dudrey@Level3.com
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Mark.Stoutenberg@Level3.com
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SOURCE Level 3 Communications, Inc.