BROOMFIELD, Colorado and
SYDNEY, June 2, 2015 /PRNewswire/ -- Level 3
Communications, Inc. (NYSE: LVLT) and Optus Wholesale and Satellite
today announced that Level 3 is providing deep-edge caching
services that will enable Optus to locally cache high-demand
content on its network. The agreement gives Optus quicker access to
content, while growing Level 3's content delivery network (CDN)
capacity in Australia by 300
percent.
The demand for online video continues to grow globally.
According to Adobe's most recent Video Benchmark Report, online TV
video consumption grew 388 percent from 2013 to 2014. In addition,
new research from Park Associates found that nearly 50 million
streaming media players will be sold worldwide by 2017. This data,
combined with the proliferation of smart devices like phones and
tablets, creates a greater need for reliable, fast and high quality
streaming video across the world, including in Australia.
Through its collaboration with Level 3, Optus can now offer its
millions of customers faster deliveries and improved delivery
completion rates as well as scale on demand to handle traffic
spikes without affecting quality. In addition, Optus can resell
Level 3's CDN services across Australia.
"It's critical for Optus Wholesale and Satellite to be able to
facilitate content delivery from customers to end-users efficiently
and in a way that elevates the end-user experience. Through Level
3's CDN, we are able to improve the consumption of video, music,
photo and data content over the Internet, not just locally within
Australia, but also across the
globe," said Rob Parcell, Managing
Director of Optus Wholesale and Satellite. "Broadcasting customers
and website owners with rich media content will benefit from the
deployment of this CDN network."
"The explosion of over-the-top and other Internet video content
can put a lot of strain on a network, creating issues in picture
quality, speed and reliability," said John
Blount, regional president of North America and Asia for Level 3. "By putting our CDN servers
on Optus' network, we are enabling a better streaming video
experience to Australian consumers, as well as creating a way for
enterprises to leverage our CDN network for their content
needs."
For more information about Level 3's CDN services, visit
www.level3.com. To learn more about Optus' OTT offerings, visit
www.optus.com.au.
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, Vyvx, Venuenet+, 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.
About Optus
Optus is a wholly owned subsidiary of
Singtel, Asia's leading
communications group. With over 130 years operating experience,
Singtel drives the Group's efforts to lead in communication
services throughout Asia and
Africa as well as to front the
local digital and enterprise markets. As the Australian arm of
Singtel, Optus services over ten million customers each day. It
provides a broad range of communications services including mobile,
telephony, business network services, internet and satellite
services and subscription television.
The information contained under the caption "About Optus" has
been provided by Optus, 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: 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
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Media (Level 3):
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Investors (Level 3):
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Francie Dudrey
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Mark Stoutenberg
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+1 720-888-5434
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+1 720-888-2518
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francie.dudrey@level3.com
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mark.stoutenberg@level3.com
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Media (Optus)
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Steve Batten
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+612 8082 7850
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Steve.Batten@optus.com.au
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