LEVEL 3 SELECTED TO SUPPORT MYSPACE.COM'S SOCIAL NETWORKING.Level 3 Communications
Level 3 Communications NASDAQ: LVLT is a communications and information services company headquartered in Broomfield, Colorado, USA. , Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :LVLT LVLT Level 3 Communications, Inc. (stock abbreviation, AMEX) has been selected by MySpace.com(R) to support the company's social networking See social networking site. social networking - social network services, including video transmission. Under the terms of the multi-year agreement, Level 3 will initially provide Level 3(R) High Speed IP Service to support MySpace's services in multiple markets. MySpace, one of the world's largest online communities, is a social networking site A Web site that provides a virtual community for people interested in a particular subject or just to "hang out" together. Members create their own online "profile" with biographical data, pictures, likes, dislikes and any other information they choose to post. based in California, offering an interactive network of blogs, user profiles, groups, photos, video uploading and downloading
"Upload" and "Download" redirect here. For other uses, see Upload (disambiguation) and Download (disambiguation). and an internal e-mail system. "We selected Level 3 because of the proven performance of its network and Level 3's ability to support increasing high bandwidth demand," said Aber Whitcomb, chief technology officer of MySpace. "We are excited to be working with MySpace to support their high capacity needs and their delivery of video services," said Brady Rafuse, president of Content Markets for Level 3. "MySpace is a clear leader in delivering content for online social networking, and this agreement underscores the growth we are seeing in demand for our services in this important segment." With one of the world's largest IP backbones, Level 3 provides reliable high capacity to meet growing demand from customers with rich media traffic. The company offers Internet capacity in 82 key markets in addition to a comprehensive suite of network services that serve as building blocks for its customers' diverse service offerings. Level 3 has the scalability, performance, and service portfolio to support rich media content delivery solutions as its customers' network needs evolve. About Level 3 Communications Level 3 (NASDAQ:LVLT), an international communications and information services See Information Systems. company, operates one of the largest Internet backbones A group of communications networks managed by several commercial companies that provide the major high-speed links across the country. ISPs are either connected directly to these backbones or to a larger regional ISP that is connected to one. in the world. Through its customers, Level 3 is the primary provider of Internet connectivity for millions of broadband subscribers. The company provides a comprehensive suite of services over its broadband fiber optic network including Internet Protocol (IP) services, broadband transport and infrastructure services, colocation services, voice services and voice over IP services. These services provide building blocks that enable Level 3's customers to meet their growing demands for advanced communications solutions. For more information, visit http://www.level3.com or call 720/888-3356. Level 3 offers information services through its subsidiary, Software Spectrum, and fiber-optic and satellite video delivery and advertising distribution solutions through its subsidiary, Vyvx. For more information, visit their respective Web sites at http://www.softwarespectrum.com and http://www.vyvx.com. On July 20, 2006, Level 3 announced it signed a definitive agreement to sell Software Spectrum for $287 million. Closing, subject to certain conditions, is expected to happen in the third quarter of 2006. |
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