News Release Issued: August 20, 2012 3:00 AM EDT
Level 3 Announces New Data Centre Facility in London to Meet Customer Demand
LONDON, Aug. 20, 2012 /PRNewswire/ -- Level 3 Communications, Inc. (NYSE: LVLT) today announced that it has added new advanced data centre facility space in Hayes, West London. In the facility, Level 3 will offer its enterprise customers data centre space ideally located on the company's major fibre routes across the Atlantic and its low latency routes into the Chi-X trading platform in Slough.
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Level 3 is adding this enterprise grade data center space to serve more enterprise customers in the region, and in response to demand by U.S.-based companies seeking to increase their global operations using Level 3's international network footprint and service portfolio. The addition also comes as part of Level 3's strategy to extend its data center expertise globally by investing to upgrade and expand data centers and managed services, enabling the company to meet the growing demand for secure, reliable cloud-based and managed services.
The new facility, one of Level 3's Premier Elite data centres, features high-power density cabinets and suites, 24 x 7 security and maintenance support, and will provide additional capacity to Level 3's three existing data centres in central London and to its more than 350 data centres worldwide. Due to its close proximity to central London, the new facility will offer disaster recovery, replication and redundancy facilities, and will offer customers in the region a new option for expanding or outsourcing their enterprise data centre requirements. The location was chosen in part, to help enable companies to meet disaster recovery objectives, while also being able to perform synchronous replication.
The location of the new data centre also plays to Level 3's strengths in the financial services sector. Hayes is equidistant between the Chi-X trading platform in Slough and central London's financial services district, as well as being on Level 3's primary low latency route across the Atlantic. This provides excellent connectivity for financial services companies seeking access into European and North American markets.
"The new Level 3 facility is set to service the rapidly growing demand for enterprise ready data centre space in London, a major European market," said James Heard, Level 3 regional president of EMEA. "Being located on Level 3's fibre network will provide enterprises and service providers access to data recovery, replication, storage and redundancy, backed by a global fibre network. This is further evidence of Level 3's dedication to growing our position in key markets around the world and providing industry-leading connectivity solutions for companies in a vast range of sectors."
Level 3, a multi-tenant data centre provider, delivers scalable solutions to help enterprise and carrier customers grow their business, gain economies of scale for cost reduction, and provide on net access to more than 45 countries. Level 3 data centres are secure, redundant and flexible to fit the varying needs of its customers.
For more information on Level 3's advanced network and service offerings, visit www.level3.com
About Level 3 Communications
Level 3 Communications, Inc. (NYSE: LVLT) 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 450 markets in 45 countries over 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.
Website Access to Company Information
Level 3 maintains a corporate website at www.level3.com, and you can find additional information about the company through the Investors pages on that website at http://lvlt.client.shareholder.com/. Level 3 uses its website as a channel of distribution of important information about the company. Level 3 routinely posts financial and other important information regarding the company and its business, financial condition and operations on the Investor Relations web pages.
Visitors to the Investors Relations web pages can view and print copies of Level 3's SEC filings, including periodic and current reports on Forms 10-K, 10-Q, 8-K, as soon as reasonably practicable after those filings are made with the SEC.
Copies of the charters for each of the Audit, Compensation and Nominating and Governance committees of Level 3's Board of Directors, its Corporate Governance Guidelines, Code of Ethics, press releases and analysts and investor conference presentations are all available through the Investor Relations web pages.
Please note that the information contained on any of Level 3's web sites is not incorporated by reference in, or considered to be a part of, any document unless expressly incorporated by reference in that document.
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 Global Crossing acquisition or otherwise realize the anticipated benefits thereof; manage risks associated with continued uncertainty in the global economy; obtain additional financing, particularly in the event of disruptions in the financial markets; manage continued or accelerated decreases in market pricing for communications services; maintain and increase traffic on its network; develop and maintain effective business support systems; manage system and network failures or disruptions; develop new services that meet customer demands and generate acceptable margins; adapt to rapid technological changes that could adversely affect the company's competitiveness; defend intellectual property and proprietary rights; 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: | |||
| Monica Martinez | Mark Stoutenberg | |||
| +1 720-888-3991 | +1 720-888-2518 | |||
| UK/EMEA Media: | ||||
| Nigel Brown | ||||
| +44 791 742 6664 | ||||
SOURCE Level 3 Communications, Inc.
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