MOUNTAIN VIEW, Calif. and BROOMFIELD, Colo., Jan. 15, 2016 /PRNewswire/ -- Level 3 Communications (NYSE: LVLT) and Google announced they have reached a new multi-year, settlement-free interconnection agreement between their global backbone networks that will help both companies meet their customers' needs into the next decade and beyond.
The new arrangement is centered around the concept of bit mile balance, in which both parties commit to carrying equitable amounts of bit miles, taking into account both the amount of traffic and the distance over which that traffic is carried by each network. For instance, a network can improve bit mile balance by delivering traffic to the other network closer to its end users. The agreement will also facilitate the continued growth of interconnection locations between Level 3 and Google, as required to support an ever-growing demand for the Internet.
"Google has and continues to invest into its infrastructure annually, delivering content and services to customers and end-users close to where they are. This infrastructure investment fundamentally enables connections to network providers all over the world, and we welcome more network providers to work with Google to establish similar agreements," said Kamran Sistanizadeh, vice president of Network Operations for Google.
"Our bit mile interconnection agreement with Google highlights the importance of all networks – content-based, backbone or last mile – to achieve an equitable arrangement that benefits Internet users worldwide," said Paul Savill, senior vice president of Core Product Management for Level 3. "Our companies look forward to continuing our close working relationship and are committed to providing a secure, scalable, reliable and speedy Internet experience."
About Google
Google is a global technology leader focused on improving the ways people connect with information. Google's innovations in web search and advertising have made its website a top internet property and its brand one of the most recognized in the world.
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 across 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, Venuenet+, 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 elsewhere. 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.
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: successfully integrate the tw telecom acquisition; 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.
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