Level 3 Works with China Telecom Global to Introduce Video Cloud Solution to
Cloud-based Broadcast and Content Delivery Solution Securely and Efficiently
Delivers High-quality Video Experience on a Global Scale
BROOMFIELD, Colo., June 19, 2014
BROOMFIELD, Colo., 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 content customers to distribute content and media services
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,"
saidPengcheng Fan, vice president of Product Developmentof 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
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
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, Facebookand LinkedIn.
© Level 3 Communications, LLC. All Rights Reserved. Level 3, Vyvx, Level 3
Communications, Level (3) andthe 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
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.
Jon Paul McLeary Mark Stoutenberg
Level 3 Communications.
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SOURCE Level 3 Communications, Inc.
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