-- Cloud-based Broadcast and Content Delivery Solution
Securely and Efficiently Delivers High-quality Video Experience on
a Global Scale
BROOMFIELD, Colorado,
June 19, 2014 /PRNewswire/ -- Level 3
Communications, Inc. (NYSE: LVLT) today announced the expansion of
Level 3's Video Cloud Services, a cloud-based solution that moves,
stores and delivers broadcast and Internet video on a global scale,
to China through an agreement with
China Telecom (NYSE: CHA, HKSE: 728) Global Limited (CTG). The
agreement enables Level 3's content customers to access
China's diverse consumer market
while also allowing CTG's customers to distribute content and media
services globally.
As consumption of Internet video continues to grow across
multiple consumer devices, content companies increasingly require
the efficient transfer of massive amounts of high-quality video
content and data in a variety of formats. China represents one of the fastest growing
markets for video consumption and production globally, and through
the agreement with CTG, Level 3 is able to offer an efficient,
secure and scalable approach to content distribution in the
region.
Additionally, CTG will provide access to Level 3's Video Cloud
Services for its content customers who are looking to expand their
own global audience base. In connection with this agreement, CDN
nodes will initially be deployed in Hong
Kong, with additional expansion planned across the
region.
"China is a significant
emerging market for content distribution, and China Telecom is an
ideal network partner to assist in efficient, high-quality content
delivery across the region," said Mark
Taylor, vice president of Media and IP Services for Level 3.
"By working with China Telecom we are better able to support our
customers' content distribution needs and continued growth within
this dynamic market."
"Our content customers increasingly demand access to global CDNs
and solutions that will enable them to expand their audiences and
grow their businesses," said Pengcheng
Fan, vice president of Product Development of China Telecom
Global. "We are delighted that our relationship with Level 3 will
enable us to address this growing demand and offer our customers a
comprehensive content distribution solution."
Level 3's Video Cloud Services are a full suite of IP-based
video services designed to support content delivery throughout its
life cycle, from signal acquisition to delivery to viewers.
Services include live Vyvx broadcast video acquisition, encoding
and transcoding, global delivery via the Level 3 CDN, as well as comprehensive, self-service
analytics and reporting.
For more information on Level 3's content-based solutions, visit
www.level3videocloud.com.
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 over a global services platform
anchored by owned fiber networks on three continents and connected
by extensive undersea facilities. 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,
Vyvx, 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/or other
countries. 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.
About China Telecom Global Limited
China Telecom
Global Limited ("CTG") is the wholly owned international business
subsidiary of China Telecom (NYSE: CHA, HKSE: 728), one of the
world's largest providers of integrated telecommunication services.
Headquartered in Hong Kong and
leveraging China Telecom's tremendous resources within mainland
China, CTG's global network
platform spans Asia, Americas and
the Europe, Middle East, Africa (EMEA) region, offering world-class
integrated communication services to multinational businesses,
telecommunication service providers and overseas Chinese consumers
around the world. CTG comprehensive portfolio of Data, IP, Voice,
Internet Data Centre and ICT solutions, backed by superior customer
service, delivers industry-leading resilience, speed, and diversity
to meet the most stringent requirements of customers, which include
many Fortune Global 500 companies. CTG currently has subsidiaries
and offices in 26 countries and regions around the world. For more
information, please visit http://www.chinatelecomglobal.com/.
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: 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
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Media:
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Investors:
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Jon Paul McLeary
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Mark Stoutenberg
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720-888-3244
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720-888-2518
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JonPaul.McLeary@Level3.com
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Mark.Stoutenberg@Level3.com
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