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Last $53.95 USD
Change Today +0.30 / 0.56%
Volume 1.1M
LVLT On Other Exchanges
New York
As of 6:40 PM 03/27/15 All times are local (Market data is delayed by at least 15 minutes).

level 3 communications inc (LVLT) Key Developments

Level 3 Communications, Inc. Adds Collaboration Services to its Cloud Connect Ecosystem

Level 3 Communications, Inc. announced that it is taking the next step in enabling enterprise cloud adoption by incorporating unified communications and collaboration (UC&C) applications into its robust Cloud Connect ecosystem. As a part of this launch, Level 3 will connect to a variety of UC&C partners, starting with cloud-based video conferencing service provider Blue Jeans Network. With the rise of the global workforce, telecommuting and BYOD, enterprises are looking for simpler, more cost-effective ways to deploy business-critical collaboration services, such as voice, video collaboration, e-mail, conferencing and contact center. Through Level 3's Cloud Connect ecosystem, enterprises can now securely access global cloud-based communication services, such as those provided by Blue Jeans Network, via a single multiprotocol label switching (MPLS) network connection.

EarthLink Telecommunications Chooses Level 3 Communications, Inc. to Provide Secure Global Connectivity to its Customers

Level 3 Communications, Inc. announced it has been selected by Internet and communication solutions provider, EarthLink Telecommunications, to provide the secure global connectivity needed to support enterprise customers from EarthLink's Middle East location. To meet the needs of its enterprise customers, EarthLink turned to Level 3's MPLS/IP VPN (Multiprotocol Label Switching/Internet Protocol Virtual Private Network) services to deliver the necessary secure, private connectivity. As a direct result of EarthLink's ability to provide Level 3's services to both its wholesale and enterprise customers, the Internet provider has already signed a new contract with one of the region's major oil and gas companies.

Level 3 Lays Off Employees

Level 3 Communications Inc. is laying off an unknown number of employees as it eliminates some duplicative positions following its $5.3 billion merger with TW Telecom. It isn't clear how many employees of the company are affected.

BMW Selects Level 3 Communications, Inc. for Content Delivery Network services

Level 3 Communications, Inc. announced that BMW is using Level 3 Content Delivery Network (CDN) services to speed the information flow between its Munich headquarters and its more than 4,000 dealers around the world. Level 3's CDN is part of a major BMW infrastructure upgrade project tailored to BMW's precise requirements. BMW is using the Level 3 CDN service to send large volumes of high-bandwidth data to its global dealers, replacing the DVD-based distribution that the company used for several years. The solution is designed with a very high level of redundancy to ensure maximum availability at all times. Dealers utilize the information to securely access key information, as well as configure vehicles for customers, apply software patches or upgrade navigation systems. Delivering it in this way further increases dealer and customer satisfaction, while leading to cost savings. Since changing to the Level 3 CDN, BMW enables its dealers to react much faster to customer requirements. BMW staff uploads the relevant information assets to the Level 3 storage platform. Dealers then connect to the platform following authentication. The solution automatically detects where the dealer is located and will select a server to provide fast and reliable performance. The CDN solution then checks the Web URL and login credentials of the dealer, who can then download the data in seconds. Dealers are essential to BMW's success and to the way the brand is perceived by customers. That is why offering them the best possible service to get the data they need quickly, regardless of the volume, is important. Level 3 has strong local presence, with specialists available in Germany and an exemplary performance and support team across global markets. In addition to this project, Level 3 provided fibre optic cables that connect BMW's headquarters directly to the Level 3 global network, including two additional routers located directly at BMW's premises in Munich. These ensure the protection against downtime along with maximum bandwidth at all times to global partners. With its global network, Level 3 provides the bandwidth BMW needs to share large quantities of data with its dealers and business partners globally.

Level 3 Communications, Inc. Enhances Managed Security Portfolio with Level 3 DDoS Mitigation Service

Level 3 Communications, Inc. enhanced its managed security portfolio with a new tool for enterprises looking to safeguard their critical data and systems, Level 3 DDoS Mitigation Service. The differentiated service provides protection closer to the network edge, saving customers time and money when it matters most – in the face of an attack. The combination of Level 3's expansive network which provides extensive attack traffic visibility and the service's ability to work on both Level 3 and on third-party networks provides a clear differentiator in the marketplace for customers. The vast level of visibility comes from the company's Content Delivery Network (CDN), IP and Domain Name System (DNS) networks. The addition of Level 3's threat analysis capabilities and managed security services enable it to assist enterprises in building a strong security posture to address today's complex threat landscape. DDoS Mitigation with Extensive Attack Traffic Visibility: The global service provides enhanced network routing, rate limiting and IP filtering alongside a network-based detection and mitigation scrubbing solution. Additionally, enterprises gain the benefits of threat intelligence used by Level 3's Security Operations Center (SOC). Additional benefits include: onImproved Performance – Ensure website, core applications and infrastructure remain secure and available. onGreater Security – Defend against a wide range of attack types and sizes from layers 3 to 7. onReduced Costs – Minimize upfront capital expenditures while providing multiple protection options for any IT budget. onGlobal and Scalable Coverage – Support flexible and growing networks in locations around the globe with scrubbing centers distributed throughout the world, not just in North America.


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