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Kevin O'Hara, Colin Williams Named to Level 3 Board of Directors
Broomfield, Colo. (ots-PRNewswire) - Level 3 Communications, Inc. (Nasdaq: LVLT) today announced that Kevin J. O'Hara, president and chief operating officer of Level 3, and Colin V. K. Williams, executive vice president, global services and systems of Level 3, have been named to the company's Board of Directors.
Mr. O'Hara, who has served as Chief Operating Officer (COO) of Level 3 since its inception was named President in July 2000. Prior to joining Level 3, he was president and CEO of MFS Global Network Services, a subsidiary of MFS Communications Company, Inc. Mr. O'Hara fills an open position on the Board. Mr. O'Hara's initial term as a director will expire at the 2003 annual meeting of stockholders.
Mr. Williams joined Level 3 in July 1998 as President and Chief Executive Officer of Level 3 International. Previously, Williams served as President and CEO, and then as Chairman of WorldCom International, Inc. Prior to that, he founded the international operations of MFS, which merged with WorldCom in 1996. Mr. Williams fills a position that was created when the Board voted recently to expand membership to 12. Mr. Williams' initial term will expire at the 2001 annual meeting of stockholders.
About Level 3 Communications
Level 3 (Nasdaq: LVLT) is a 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 which deliver their services over the Level 3 Network. The Level 3 Network will include metropolitan networks in 56 U.S. markets and 21 international markets connected by an approximately 16,000 mile U.S. intercity (long-distance) network, an approximately 4,750 mile European intercity network and both transpacific and transatlantic undersea cables. The U.S. and first two rings of the European intercity network are expected to be substantially completed during the fourth quarter of 2000. Level 3 currently offers Internet infrastructure services in 27 U.S. cities and four European markets. Its Web address is www.Level3.com.
(* Softswitches are advanced software based switching systems, which enable Level 3 to provide services combining the best features of the Internet and traditional telephone networks.)
Forward Looking Statement
The statements made by Level 3 in this press release may be 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 its target markets. Additional information concerning these and other potential important factors can be found within Level 3's filings with the U.S. 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. Internet: http://recherche.newsaktuell.de
Contact: media, Josh Howell, +1 720-888-2517, or Steve Ingish, 720-888-2521, or investors, Robin Miller, +1 720-888-2500, both of Level 3 Communications, Inc.
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Web site: http://www.level3.comOriginal-Content von: Level 3 Communications, übermittelt durch news aktuell