Broomfield, Colo. (ots-PRNewswire) - Level 3 Communications, Inc.,
(Nasdaq: LVLT) today announced it is now offering low cost bandwidth
services to Internet and communications companies in Japan. Level 3
has opened its first advanced data center in Tokyo that, combined
with the company's new Gateway in Hong Kong, gives Level 3 two
operational Gateways in Asia. In addition to these two Asian markets,
Level 3 recently announced plans to expand into Taipei, Taiwan and
Seoul, Korea by the end of 2001. The Asian expansion is fully
pre-funded as part of Level 3's global business plan.
The new 64,000-square-foot advanced data center in Tokyo will
connect Level 3's customers directly to the company's global
broadband undersea cable system, and to 47 other markets in the
United States, Europe and Asia that Level 3 currently serves. Level 3
will connect its Tokyo Gateway to the company's new facility in Hong
Kong by an undersea cable, which is expected to be complete in the
second quarter of 2001. Additionally, the undersea cable connecting
Japan to the United States is expected to be complete in the second
quarter of next year as well.
"The Internet market in Japan is becoming increasingly more
competitive, and speed to market and scalability are keys to being
successful there," said Steve Liddell, chief executive officer of
Level 3 Asia. "Our goal is to help Internet protocol (IP) intensive
companies grow by providing them with immediate access to the global
Internet and communications market, and with the ability to scale
their operations quickly."
"Customers who choose to colocate in the Tokyo Gateway will not
only enjoy unlimited global IP access around the world, but also
access to other products and services that will help to drive down
their costs even further," said Liddell.
Level 3's advanced data centers, called "Gateways," are connected
to the company's international Internet Protocol-based network.
Gateways serve as portals to the network and provide a secure
environment in which IP intensive companies can physically locate
their equipment. The facilities also house Level 3's own equipment
and offer customers interconnection with the public Internet and
other long distance networks. Level 3 currently operates 48 Gateways
in the United States, Europe and Asia. The company has more than 4.4
million square feet of data center space around the world, and
pre-funded the acquisition and construction of another 2.1 million
Level 3's continuously upgradeable network features advanced
technology that provides high quality, low cost services that enable
IP intensive businesses to add value and, in turn, deliver their
services to end-users, including residential customers. Level 3
enables IP intensive companies to grow more rapidly by providing
infrastructure and network services to help meet increasing demand
for e-commerce, streaming audio and video, and many other Internet
and communications services.
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 IP intensive companies
that deliver their services over the Level 3 Network. Its Web address
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, Inc.
media, Josh Howell,
investors, Robin Miller,
all of Level 3 Communications, Inc.
PRN Photo Desk, 888-776-6555 or 201-369-3467
Web site: http://www.level3.com
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