BROOMFIELD, Colo., April 13, 2016 /PRNewswire/ -- Level 3
Communications, Inc. (NYSE: LVLT) today announced chief executive
officer Jeff Storey has returned to
work, resuming all of his duties and responsibilities following a
medical leave of absence.
"I'm pleased to be back," said Storey. "I'd like to thank Sunit
for his leadership in my absence and for moving us forward on our
strategy. He, along with our entire Level 3 team, stayed focused on
our business objectives and delivering a superior customer
experience."
James O. Ellis, Jr., Chairman of
the Board of Directors for Level 3 said, "The Board is pleased Jeff
has made such a speedy recovery and is back, in good health, at
full capacity. We are confident that Jeff will pick up right where
he left off, driving business growth in pursuit of Level 3's vision
to be the trusted connection to the networked world. We'd also like
to extend our thanks and appreciation to Sunit and the entire
executive management team for their leadership during Jeff's
absence."
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
services are provided by subsidiaries of Level 3 Communications,
Inc. For more information, 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: increase revenue from its services to realize
its targets for financial and operating performance; 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 risks associated with continued uncertainty in the global
economy; 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; 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:
|
|
|
D. Nikki
Wheeler
|
Mark
Stoutenberg
|
+1
720-888-0560
|
+1
720-888-2518
|
Nikki.Wheeler@Level3.com
|
Mark.Stoutenberg@Level3.com
|
Logo -
http://photos.prnewswire.com/prnh/20140908/144115
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/level-3-ceo-jeff-storey-returns-from-medical-leave-300250631.html
SOURCE Level 3 Communications, Inc.