Level 3 to Increase Network Bandwidth by 10 Times
Level 3 Communications, Inc. (NASDAQ: LVLT) today announced that it has been selected to deliver a ten-fold capacity upgrade to WiscNet, the University of Wisconsin System's Research and Education Network. Under the terms of the agreement, Level 3 will boost the capacity it delivers to WiscNet from 1 Gbps to 10 Gbps.
"We turned to Level 3 for its cost-efficient, reliable IP services that will continue to allow us to grow and scale WiscNet," said Mike Schlicht of the University of Wisconsin System. "The dramatic increase in capacity will allow further information and resource sharing among education organizations, which are key pillars of WiscNet."
WiscNet is a non-profit, membership-based association of public and private organizations that provides access to worldwide information and computing resources with primary emphasis on education, research, and public service. WiscNet is the vision that brought educators together from 26 colleges and universities in 1989 in the effort to provide high-speed Internet to the research and education community.
"This expanded relationship with the University of Wisconsin System is a prime example of the trust Level 3 builds with its customers," said Jeff Tench, president of Level 3's Business Markets Group. "This upgrade is a testament to the scalability of Level 3's network and the services we deliver to enterprise customers."
Level 3's Business Markets Group leverages the power of the company's extensive fiber-optic network, metro assets, and locally focused sales and sales support organization to deliver a world-class experience to enterprise customers throughout the United States.
About Level 3 Communications
Level 3 Communications, Inc. (NASDAQ: LVLT) is a leading international provider of fiber-based communications services. Enterprise, content, wholesale and government customers rely on Level 3 to deliver services with an industry-leading combination of scalability and value over an end-to-end fiber network. Level 3 offers a portfolio of metro and long-haul services, including transport, data, Internet, content delivery and voice. For more information, visit www.Level3.com.
Level 3 Communications, Level 3, the red 3D brackets and the Level 3 Communications logo are registered service marks of Level 3 Communications, LLC and/or its affiliates in the United States and/or other countries. Level 3 services are provided by wholly owned subsidiaries of Level 3 Communications, Inc. Any other service, product or company names recited herein are trademarks or service marks of their respective owners.
Some of the statements made in this press release are forward looking in nature. These statements 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. The most important factors that could prevent Level 3 from achieving its stated goals include, but are not limited to, the current uncertainty in the global financial markets and the global economy; disruptions in the financial markets that could affect Level 3's ability to obtain additional financing; as well as the company's ability to: successfully integrate acquisitions; increase the volume of traffic on the network; defend intellectual property and proprietary rights; develop effective business support systems; manage system and network failures or disruptions; develop new services that meet customer demands and generate acceptable margins; attract and retain qualified management and other personnel; and meet all of the terms and conditions of 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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