News Release Issued: August 1, 2012 3:00 AM EDT
Level 3 Named as UK Government PSN Framework Supplier for Five Service Categories
Company selected as provider of range of innovative services and cost efficiencies to government and public sector
LONDON, Aug. 1, 2012 /PRNewswire/ -- Level 3 Communications, Inc. (NYSE: LVLT) today announced that the UK government has listed the company as a supplier for five service categories under the Public Services Network (PSN) framework. Following on from Level 3's secured placement on the PSN Connectivity Framework Agreement, announced in April, Level 3 is now positioned to start providing network and Cloud-based services over the PSN to any PSN customer.
(Logo: http://photos.prnewswire.com/prnh/20111004/LA77008LOGO)
The service categories for which Level 3 is a named supplier include:
- Communication Services;
- Conferencing Services;
- Contact Centre Services;
- Gateway Services; and
- Unified Services.
"PSN not only has the potential to save the public sector a significant amount of money, it will also bring real benefits to government organisations – enabling access to new services and a more collaborative way of working," said David Shields, managing director of the Government Procurement Services. "It's a complex and challenging programme to deliver and it's going to take time and effort and energy, but we are confident that we have the right providers in place to ensure the PSN Services framework is a success."
"It's an honor to serve the government and public sector through the Public Service Network," said Jeff Parris, Level 3 senior vice president of Government Sales for the EMEA region. "This framework is designed to provide innovative services to help government departments achieve meaningful cost efficiencies and operational benefits, and we're pleased to be able to help them do that with our advanced network services."
The PSN Services framework aims to assist UK government and the wider public sector by providing an efficient, effective procurement chain for services. The framework is intended to create a Pan-UK Government/Public Sector unified network that will generate significant cost savings in excess of £130 million a year by removing duplicate connections, simplifying procurement processes, encouraging the use of shared services and providing a platform for collaboration.
For more information on the Level 3 PSN programme, visit http://www.level3.com/PSN.
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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