BROOMFIELD, Colorado,
Feb. 2, 2015 /PRNewswire/ -- Gartner
named global telecommunications provider Level 3 Communications,
Inc. (NYSE: LVLT) a Challenger in its January 2015 Global Network Services Magic
Quadrant* report for the first time, moving it from the Niche
Players position.
Enterprises' global network needs are evolving rapidly, driven
by cloud IT adoption and the growing importance of emerging
markets. The report assesses suppliers that can deliver fixed
networking services worldwide with a focus on optimal customer
service. Additionally, it recognizes key market changes for global
customers including their need to access emerging capabilities like
cloud and Network Function Virtualization (NFV)-based offerings, to
have broad geographic reach and to maintain flexibility and agility
when purchasing services.
"We believe our position is a testament to the importance of a
secure and flexible network strategy for enterprises as they
address the increasingly complex operating environment of today's
technology landscape," said Anthony
Christie, chief marketing officer for Level 3. "Focusing on
providing an excellent customer experience while meeting the
evolving needs of our global customer base has shaped Level 3's
strategy around network expansion and our innovative product
offerings."
Recognizing the importance of a global strategy, Level 3 grew
its network by adding 22 MPLS Points of Presence in key markets
such as Marseille and Budapest, amongst others. Through its
acquisition of U.S.-based tw telecom, Level 3 tripled its on-net
building presence in North America
for a total of 30,000 connected buildings.
To view the full report, visit
http://www.gartner.com/reprints/level-3-communications---co?id=1-28QPS4Q&ct=150128&st=sg.
For more information on Level 3's advanced network and service,
visit www.level3.com.
*Gartner "Magic Quadrant for Network Services, Global," by
Neil Rickard, Bjarne Munch, January 14,
2015.
Gartner does not endorse any vendor, product or service
depicted in its research publications, and does not advise
technology users to select only those vendors with the highest
ratings or other designation. Gartner research publications consist
of the opinions of Gartner's research organization and should not
be construed as statements of fact. Gartner disclaims all
warranties, expressed or implied, with respect to this research,
including any warranties of merchantability or fitness for a
particular purpose.
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.
© Level 3 Communications, LLC. All Rights Reserved. Level 3,
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 elsewhere. 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.
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: successfully integrate the tw telecom
acquisition; 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.
Contact
Information
|
|
Media:
|
Investors:
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Ashley
Pritchard
|
Mark
Stoutenberg
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+1
720-888-5950
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+1
720-888-2518
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ashley.pritchard@level3.com
|
mark.stoutenberg@level3.com
|
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