SAO PAULO, July 12, 2012 /PRNewswire/ -- Level 3 Communications, Inc. (NYSE: LVLT) today announced that Terra, a global digital media company and content producer, will use its Vyvx Managed Video Network Solutions (MVNS) to broadcast sports and other special events.
Terra has a presence in 18 countries and is the largest Latin American digital media company. Its broadcasts are transmitted to as many as 36 simultaneous channels, for the web, mobile phones and tablets.
"Level 3's solutions will enable Terra to deliver the broadest coverage in its history, reaching 100 million people in Latin America," said Allan Pessoa, technology manager for Terra. "With its customizable services, excellent network reach and deep experience, Level 3 is the preferred choice for us."
Level 3's Vyvx Managed Video Network Service combines video and IP/data into a single, high-quality managed service. Level 3 will provide Terra with bidirectional circuits, equipment and on-site technical and logistical support at Terra's headquarters in Sao Paulo, and at its broadcast studio in the International Broadcasting Centre (IBC) in London.
"Level 3's Vyvx Solutions have been highly respected in the television industry for more than 20 years because of their excellent track record in global full-service video broadcasting," said Leonardo Barbero, Level 3's chief marketing officer and senior vice president for Latin America. "This expertise and experience were key factors in Terra's decision to work with us. We are pleased to provide Terra with the broadcast infrastructure, unsurpassed quality and capabilities to deliver video and data networking for important events."
Level 3 recently expanded its Vyvx Solutions suite of video transmission services into Latin America, leveraging Level 3's high quality all-IP fiber network. Vyvx Solutions can be customized for video transmissions of any type and from various locations, supporting some of the largest global media and entertainment companies by helping carry high-profile news, sports, entertainment and other special event broadcasts.
For more information on Level 3's Vyvx Solutions, which in addition to Latin America, is offered in Asia, Australia, Europe and North America, visit http://www.level3.com/en/products-and-services/video/vyvx/.
For more information on Level 3's advanced network and service offerings, visit www.level3.com.
Terra is a leading global digital media company that reaches a monthly audience of nearly 100 million people interested in entertainment, sports, and news content across multiple platforms. Chosen as one of the "2011 Most Innovative Companies" in the world by Fast Company magazine, Terra has revolutionized the way consumers find and enjoy digital content in 18 countries, being the first company to broadcast live news, music concerts, summer and winter Olympics on the Internet. Over its 12-year history, Terra has developed a strong presence in the United States and has become leader in Latin America where its products Sonora and Terra TV reshaped the digital music and video landscape.
About Level 3 Communications
Level 3 Communications, Inc. (NYSE: LVLT) 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 450 markets in 45 countries over a global services platform anchored by owned fiber networks on three continents and connected by extensive undersea facilities. Level 3 services are provided by subsidiaries of Level 3 Communications, Inc. For more information, visit www.level3.com.
Website Access to Company Information
Level 3 maintains a corporate website at www.level3.com, and you can find additional information about the company through the Investors pages on that website at http://lvlt.client.shareholder.com/. Level 3 uses its website as a channel of distribution of important information about the company. Level 3 routinely posts financial and other important information regarding the company and its business, financial condition and operations on the Investor Relations web pages.
Visitors to the Investors Relations web pages can view and print copies of Level 3's SEC filings, including periodic and current reports on Forms 10-K, 10-Q, 8-K, as soon as reasonably practicable after those filings are made with the SEC.
Copies of the charters for each of the Audit, Compensation and Nominating and Governance committees of Level 3's Board of Directors, its Corporate Governance Guidelines, Code of Ethics, press releases and analysts and investor conference presentations are all available through the Investor Relations web pages.
Please note that the information contained on any of Level 3's web sites is not incorporated by reference in, or considered to be a part of, any document unless expressly incorporated by reference in that document.
Information provided under the caption "About Terra" is provided by Terra and it is solely responsible for its content.
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: successfully integrate the Global Crossing acquisition or otherwise realize the anticipated benefits thereof; manage risks associated with continued uncertainty in the global economy; obtain additional financing, particularly in the event of disruptions in the financial markets; manage continued or accelerated decreases in market pricing for communications services; maintain and increase traffic on its network; develop and maintain effective business support systems; manage system and network failures or disruptions; develop new services that meet customer demands and generate acceptable margins; adapt to rapid technological changes that could adversely affect the company's competitiveness; defend intellectual property and proprietary rights; 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.
SOURCE Level 3 Communications, Inc.