BOGOTA, Colombia, March 15, 2016 /PRNewswire/ -- Level 3 Communications, Inc. (NYSE: LVLT) announced the activation of a newsubsea cable landing station giving Colombia a Pacific Ocean route to connect to its international network. The new landing station enhances Colombia's options for redundancy and removes sole reliance on traditional connectivity via the Caribbean Coast. The fiber optic undersea cable runs 300 kilometers to the seaport city of Buenaventura on Colombia's Pacific coast, then 154 kilometers over land to the city of Cali, where it connects with Level 3's national fiber optic system that provides access to the main Colombian markets.
Demand for connectivity and network services in Colombia and Latin America is rising. Frost & Sullivan estimates the Latin American fixed broadband services market will grow at a rate of 12.4 percent, to reach 90.8 million connections in 2018. At launch, Level 3´s undersea system has a total installed capacity of eight terabits of which 400-gigabits are already available, responding to market needs. Now, enterprises have greater access to connectivity, route diversity and redundancy both domestically and internationally.
"This expanded undersea cable system connection represents Level 3's commitment to meeting the increasing demand for network services in Latin America," said Hector Alonso, regional president of Latin America for Level 3. "As part of Level 3's South American Crossing (SAC) system, the cable connects the six major economies in Latin America providing customers a secure, reliable and redundant way to access our global footprint."
Colombia will be able to transmit data and mobile communications more quickly to many key cities throughout the Americas, such as Los Angeles, Miami and New York, U.S.; Mexico City, Mexico; Santiago, Chile; Buenos Aires, Argentina and São Paulo, Brazil. In turn, these cities will have greater connectivity to seven of the main cities in Colombia: Bogotá, Medellin, Cali, Ibague, Manizales, Pereira, Armenia and Popayan. The new route also provides enhanced connectivity and route diversity to cities in Asia and Europe.
Level 3 builds, operates and maintains a global communications network with extensive fiber miles in more than 60 countries on three continents. The company owns more than 180,000 kilometers (110,000 miles) of intercity routes, 103,000 km (64,000 miles) of metro routes and 53,000 km (33,000 miles) of undersea routes.
For more information on Level 3's advanced network and service offerings, visit http://www.level3.com.
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.
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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 increase revenue from its services to realize its targets for financial and operating performance; 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 risks associated with continued uncertainty in the global economy; 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; 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.