News Release Issued: Aug 6, 2015 (6:00am EDT)
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Level 3 Opportunities Expanded With New Pennsylvania ITQ Contract
Additional Service Categories: Security, Network and Telecommunications, Added
BROOMFIELD, Colo., Aug. 6, 2015 /PRNewswire/ -- Level 3 Communications, Inc. (NYSE: LVLT) has been awarded a contract with the Commonwealth of Pennsylvania, to expand its current Master IT Services Invitation to Qualify (ITQ) program contract to include security, network and telecommunications services. These services are in addition to the existing consulting services awarded under a previous master contract. The ITQ program contract allows Level 3 to bid on business opportunities issued by the Commonwealth.
The ITQ program, launched in 2003, is a statewide, multiple-award contracting initiative that provides agencies a fast and efficient way to procure IT services from pre-qualified vendors, through COSTARS, the Commonwealth's cooperative purchasing program. Under the agreement, Level 3 is pre-qualified in 10 service categories. The contract became effective July 21, 2015.
Key Facts:
- Level 3 has been serving customers in the Commonwealth of Pennsylvania for 20 years
- Level 3 operates more than 7,700 fiber miles in Pennsylvania, reaching more than 1,800 on-net buildings
- As part of the ITQ contract, registered and eligible local public procurement units (LPPUs) and state-affiliated entities such as not-for-profit fire, rescue and ambulance companies, registered with COSTARS can identify and contract with preapproved service providers like Level 3
Key Quotes:
Michael Zody, General Manager, Level 3 Communications, Pennsylvania
"Level 3 has a strong track record of delivering reliable network services to the public sector, providing global network reach, regardless of where you're located in the world. We are pleased to be able to continue our important relationship with the Commonwealth of Pennsylvania. This is another example of the business-friendly environment that exists here and the commitment of the Commonwealth to make it easy for its agencies to access quality vendors to meet the growing needs of the networked world."
Additional Resources:
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, please 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: 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.
| Contact Information | |
| Media: | Investors: |
| D. Nikki Wheeler | Mark Stoutenberg |
| +1 303-842-5150 | + 1 720-888-2518 |
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SOURCE Level 3 Communications, Inc.
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