Level 3 Enhances Vyvx Network in U.S. to Address Growing Demand for High-Quality Video Delivery
Adds On-Net Connections to 29 U.S. Professional Sports Venues
BROOMFIELD, Colo., April 13, 2015 /PRNewswire/ -- Level 3 Communications, Inc. (NYSE: LVLT) today announced it is enhancing its Vyvx broadcast network by extending Level 3's fiber directly into 29 additional professional sports venues in the U.S.
This network extension will bring the total number of U.S.-based professional sports venues "on-net" with Level 3 fiber to 55, and total connectivity to more than 100 different professional sports venues as well as 86 college sporting venues. By connecting directly to those venues, Level 3 can offer its Vyvx broadcast network solutions and expanded network services such as voice, data and security, plus added flexibility to scale as customers' connectivity needs evolve and grow – including 4K video acquisition and distribution.
Sports viewing in the U.S. has grown substantially over the last few years, requiring the need for large amounts of bandwidth, including the ability to stream broadcasts to a wide variety of mobile devices. According to TDG, "among adult broadband users, on average, 22 percent of weekly television viewing is spent watching sports, translating to roughly eight hours of sports video viewing per week."
"There's no question that sports broadcasting – particularly live games – garners some of the highest viewership in the U.S.," said Anthony Christie, chief marketing officer for Level 3. "This important investment in Level 3's Vyvx infrastructure not only provides broadcasters and venues with access to a wider variety of network services, but also allows for future-proofing to ensure they are connected to a network that can adapt for continued growth and changes in technology."
Level 3's Vyvx broadcast services are part of the Level 3 Video Cloud, a trusted global provider of video acquisition, distribution, storage and delivery for many of the world's largest and most innovative broadcasting and media companies. From over-the-top (OTT) to full-time channel distribution, Level 3 brings 25+ years of video experience buoyed by a comprehensive portfolio of end-to-end video services and solutions that leverage its global network.
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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SOURCE Level 3 Communications, Inc.
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