Broomfield, Colo. (ots-PRNewswire) - Level 3 Communications, Inc.
(Nasdaq: LVLT) today announced it has completed conduit construction
and installed fiber in Ring 1 of its 4,750-mile inter-city fiber
optic network in Europe. The 1,900-mile Ring 1 features 10-12
conduits connecting Level 3 data centers in London, Amsterdam,
Frankfurt, Paris and Brussels.
Level 3's new European network is connected to the company's own
metropolitan networks in each of these five cities. Level 3 expects
to complete construction of its second European network, which will
connect Frankfurt, Dusseldorf, Hamburg, Berlin and Munich, before the
end of the year. Each of Level 3's European networks will be
connected to the company's 16,000-mile U.S. network via a 1.28
terabit transatlantic cable system.
"Including Ring 1 in Europe, we've now completed more than 90
percent of our inter-city conduit installation in North America and
Europe," said Lee Jobe, president of global operations for Level 3.
"Level 3 designed its multi-conduit network so it can install new
generations of fiber more quickly and at lower incremental cost than
traditional networks can. This approach enables us to further
solidify our industry-leading unit cost advantage for bandwidth
Level 3 designed its European networks to be continuously
upgradeable. Constructed with multiple conduits, this network allows
Level 3 and its customers to take advantage of ongoing improvements
in optical fiber technology. Initially, Level 3 will put fiber in
just one of the conduits. As new optical fiber technology is
introduced in the market, Level 3 can install it through one of the
company's many empty conduits rather than having to reconstruct the
network from the ground up, as many traditional network operators are
forced to do.
"The Level 3 network will play a major role in enabling the
development of the new Internet economy in Europe," said Colin
Williams, executive vice president of Level 3 Communications. "We
expect to be able to drive down communications costs substantially,
which in turn will continue to drive both demand for communications
services and new applications whose successful development depends on
removing the current cost constraint of transporting information."
Level 3's European network will carry data, video and voice
traffic from Internet service providers (ISPs), application service
providers (ASPs), and other Internet and communications companies.
"We've broken new frontiers in deploying the first large,
multi-conduit independent infrastructure-based network in Europe,"
About Level 3's Metropolitan Networks
Connected by inter-city fiber optic networks in the United States
and Europe, as well as undersea cables crossing the Atlantic, Pacific
and in Asia, Level 3 currently offers service over metropolitan
networks in 43 U.S. and European markets. Of those cities, Level 3
has built and operates its own metropolitan networks in 26 U.S.
markets and 5 European markets.
About Level 3 Communications
Level 3 (Nasdaq: LVLT) is a global communications and information
services company offering a wide selection of IP-based services
including broadband transport, colocation services, submarine
transmission services and the industry's first Softswitch* based
services. Level 3 offers services primarily to Web-centric companies
that deliver their services over the Level 3 Network. The Level 3
Network will include metropolitan networks in 56 U.S. markets and 21
European and Asian markets connected by an approximately 16,000 mile
U.S. intercity (long-distance) network, an approximately 4,750 mile
European intercity network, both transpacific and transatlantic
undersea cables and 6.5 million square feet of gateway and technical
space. Level 3 expects to substantially complete the U.S. and second
ring of the European intercity network in the fourth quarter of 2000.
Level 3 currently offers broadband infrastructure services in 38 U.S.
markets and five European markets. Its Web address is www.Level3.com
(*Softswitches are advanced software based switching systems that
enable Level 3 to provide services combining the best features of the
Internet and traditional telephone networks.)
Some of the statements made by Level 3 in this press release are
forward-looking in nature. Actual results may differ materially from
those projected in forward-looking statements. Level 3 believes that
its primary risk factors include, but are not limited to: substantial
capital requirements; development of effective internal processes and
systems; the ability to attract and retain high quality employees;
changes in the overall economy; technology; the number and size of
competitors in its markets; law and regulatory policy; and the mix of
products and services offered in the company's target markets.
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 release should be evaluated
in light of these important factors.
ots Original Text Service: Level 3 Communications
media, Josh Howell, 720-888-2517, or Paul Lonnegren, 720-888-6099, or
investors, Robin Miller, 720-888-2500, all of Level 3 Communications
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Original-Content von: Level 3 Communications, übermittelt durch news aktuell