LVLT Level 3 Communications, Inc. (delisted)

BROOMFIELD, Colo., Nov. 6, 2015 /PRNewswire/ -- Level 3 Communications (NYSE: LVLT), a leading global telecommunications provider, has moved one of its core locations to Peachtree Corners' Technology Park in Gwinnett County, Georgia. As part of the move, Level 3 is relocating its more than 350 existing full-time local employees to the new state-of-the-art facility.

Key Facts:

• Level 3 has purchased a 39,000 square foot building on four acres in Gwinnett County to serve as a core operations and sales location
• The state-of-the-art operations facility consolidates Level 3's local employees in one location and serves as a core location for the company
• As a premier global provider, Level 3 supports the communications needs of enterprise, government and carrier customers in 500 markets spanning three continents and more than 60 countries

Key Quotes:

Jorge Magana, Vice President, Global Operations, Level 3

Atlanta has been a core location for many years. Bringing all of our employees together in our state-of-the-art facility, aligns with Level 3's business objectives and enables us to strengthen our relationship with our local, regional and global customers.  For our employees, Peachtree Corners and the greater Atlanta area offers a strong quality of life and a wonderful cultural environment.  The purchase and build out of the new facility is a significant strategic investment and we are looking forward to deepening our roots here in Georgia.

Tom Croteau, Deputy Commissioner, Global Commerce, Georgia Department of Economic Development

Level 3's decision to form a unified operations presence in Gwinnett County speaks to the pro-business and culturally-dynamic environment that we offer here in Georgia. We are confident that with the strong foundation of Georgia's number one ranked economic climate, they will continue to be a formidable competitor in the global telecommunications industry.

Charlotte Nash, Chairman, Gwinnett County Board of Commissioners

Level 3's decision to expand into Gwinnett County highlights once again the strong technology sector that exists in our community. We congratulate them on this expansion and wish them much continued success here in Gwinnett.

Mike Mason, Mayor, Peachtree Corners

We are extremely pleased to welcome Level 3 to our business community. They are a great fit. The company's decision to choose Technology Park as the site for its relocation further illustrates that Peachtree Corners is a top 10 regional job hub.

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.

© 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/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.

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.

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SOURCE Level 3 Communications, Inc.