Level 3 Communications Launches Boston Facility
January 19, 1999 07:00 AM
CAMBRIDGE, Mass., Jan. 19 /PRNewswire/ -- Level 3 Communications, Inc. LVLT today announced that it will begin providing select telecommunications services in the Boston metropolitan area as part of its national city roll-out. Level 3 is building the first international network based on Internet Protocol (IP) technology. The Level 3 Network will combine both local and long distance networks, connecting customers end-to-end across the U.S. and in Europe and the Pacific Rim.
Level 3 has announced it will construct local city networks that directly serve businesses in 25 U.S. cities within the next three years. Ultimately, the company plans to offer local service capabilities over its own fiber facilities in 50 U.S. cities. Additionally, the company is currently building an approximately 16,000 mile long distance national network to interconnect these cities. The network will also connect approximately 150 other cities where the company may determine not to build a local network.
Level 3 Offers Services in Boston
The Level 3 operations facility will be located at 300 Bent Street, first floor, Cambridge, MA, 02141. The 40,000 square foot facility will house the local operational staff and gateway switch equipment, along with additional space for expansion and colocation services. Initially, Level 3 plans to employ approximately 12 professionals at the facility. The company's Boston area sales office is located at 101 Main Street, 17th floor, Cambridge, MA 02142.
"Level 3's commitment to the Boston and Cambridge business communities is more than our investment in advanced infrastructure, new jobs and contributions to the city's tax base. We are dedicated to becoming a strong corporate citizen, working hard to earn the trust of our customers in the Boston metropolitan area, by providing high quality, reliable and cost effective telecommunications services," said Don Wadas, Level 3 Boston sales city director.
Level 3 believes it is now installing the basic building blocks for current and future communications needs in the Boston area and cities across the nation. By building a network based on IP technology, Level 3 is positioning itself to take advantage of what it sees as a fundamental technological shift in communications. The company believes that this shift from 100-year old circuit switching technology to the newer Internet Protocol technology will change the way businesses communicate, and that the shift is as important as that from the telegraph to the telephone, or from the mainframe to the PC.
Initial Services Offered
Level 3 is positioning itself to begin providing businesses with basic, but critical services on a competitive basis. Initially, Level 3 will use leased network capacity and, as its national IP-based network is completed, the company will be able to seamlessly switch customers to its own network.
The initial products being offered to business customers by Level 3 include the following services:
Private Lines -- a point-to-point service used to provide communications from one company location to another; and
Telephony Colocation -- a state-of-the-art network facility of telephone hosting equipment to provide reliable and secure 24-hour access for mission critical equipment.
About Level 3 Communications
Level 3 Communications, Inc., is a communications and information services company that is building the first international network optimized for Internet Protocol technology. The Level 3 Network will combine both local and long distance networks, connecting customers end-to-end across the U.S. and in Europe and Asia. The company expects to complete the U.S. inter-city portion of the network during the first quarter of 2001. In the interim, Level 3 has leased a national network over which it began to offer services in the third quarter of 1998. Level 3 will provide a full range of communications services (including local, long distance, international and Internet services). Level 3's common stock is traded on The Nasdaq National Market under the symbol LVLT. Its World Wide Web address is www.Level3.com.
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 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.
SOURCE Level 3 Communications, Inc
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