Level 3 Enhances Video Services Portfolio With Launch of New Managed Video Network Services
Level 3 Enhances Video Services Portfolio With Launch of New Managed Video Network Services
LAS VEGAS, April 20 /PRNewswire-FirstCall/ -- Level 3 Communications, Inc. (NASDAQ:LVLT) today announced that it is delivering a new managed video network service (MVNS) to Fox Entertainment Group, Inc., providing direct fiber connections among 35 Fox locations, including the Fox News Headquarters in New York City.
Level 3's MVNS is a flexible managed video offering for broadcasters, enabling point-to-point and point-to-multipoint broadcast video delivery between customers' locations via Level 3's high-bandwidth fiber-optic network. The service seamlessly integrates IP and data services from Level 3's award-winning portfolio and dynamically allocates and prioritizes bandwidth between different services, giving broadcasters maximum flexibility.
Level 3 is delivering a customized MVNS network solution that allows Fox to deliver high-definition TV signals among Fox's various locations throughout the country.
"With Level 3's solution, Fox can deliver news - both live broadcast video and prerecorded content - to stations throughout the country with just a few mouse clicks. The transition from satellite to fiber-optics dramatically increases the immediacy of delivery and totally eliminates the need for producers to be concerned with availability of capacity allowing them to focus on the task at hand, reporting the news. As added benefits, fiber optic delivery will improve the quality of the picture we deliver and will give us a long-term platform for future growth," said Andrew G. Setos, Fox Group's president of engineering. "We turned to Level 3 because they understand the business of broadcast delivery and have shown over our long term relationship that they are fully capable and willing to deliver a scalable solution that will grow with our needs."
"Level 3 has delivered the most-watched events on television and our network and experience in the industry makes us an ideal partner for a broadcaster like Fox," said Mark Taylor, senior vice president of Level 3's Content Markets Group. "Our MVNS service allows broadcasters to efficiently migrate from full live video feeds to file-based video distribution, which the industry is moving toward for cost and efficiency purposes."
About Level 3 Communications
Level 3 Communications, Inc. (NASDAQ:LVLT) is a leading international provider of fiber-based communications services. Enterprise, content, wholesale and government customers rely on Level 3 to deliver services with an industry-leading combination of scalability and value over an end-to-end fiber network. Level 3 offers a portfolio of metro and long-haul services, including transport, data, Internet, content delivery and voice. For more information, visit www.Level3.com.
Level 3 Communications, Level 3, the red 3D brackets and the Level 3 Communications logo are registered service marks and Vyvx is a registered service mark of Level 3 Communications, LLC and/or its affiliates in the United States and/or other countries. Level 3 services are provided by wholly owned subsidiaries of Level 3 Communications, Inc. Any other service, product or company names recited herein are trademarks or service marks of their respective owners.
Forward-Looking Statement
Some of the statements made in this press release are forward looking in nature. These statements 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. The most important factors that could prevent Level 3 from achieving its stated goals include, but are not limited to, the current uncertainty in the global financial markets and the global economy; disruptions in the financial markets that could affect Level 3's ability to obtain additional financing; as well as the company's ability to: successfully integrate acquisitions; increase the volume of traffic on the network; defend intellectual property and proprietary rights; develop effective business support systems; manage system and network failures or disruptions; develop new services that meet customer demands and generate acceptable margins; attract and retain qualified management and other personnel; and meet all of the terms and conditions of 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.
First Call Analyst:
FCMN Contact: vince.hancock@level3.com
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Source: Level 3 Communications, Inc.
CONTACT: Vince Hancock, +1-720-888-2146, or Investors, Mark Stoutenberg,
+1-720-888-2518
Web Site: http://www.level3.com/
Profile: International Entertainment
posted by EntertainmentNews @ 5:06 AM
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