- Level 3's Cloud-based Content Delivery Solutions Help Improve Quality of Online Streamed and Broadcast Content
BROOMFIELD, Colorado, July 30, 2014 /PRNewswire/ -- Level 3 Communications, Inc. (NYSE: LVLT) today announced its Level 3 Video Cloud has been selected by Satellite Information Services (SIS), a provider of end-to-end products and services to the betting and broadcast industries. Level 3 will be working to power existing and future rights-based online streaming and live TV broadcasts, which will be sent to SIS' clients around the world.
SIS has been in the global betting and broadcast industries for more than 25 years and is rapidly developing its business in the digital space. By working with Level 3, the company will be able to increase available services from its traditional channel offering to include digital broadcast products and services where customers can subscribe to specific events or races. This additional offering will not only create a new revenue stream for SIS, but also will allow it to expand its customer base.
SIS is using a number of services within the Level 3 Video Cloud, including content delivery network (CDN), video encoding, Vyvx broadcast and security services. Working with Level 3, SIS will be able to deliver optimum quality content for clients in the UK, Germany, Spain, the UAE, Russia, Poland, Turkey, Azerbaijan, Australia, the Caribbean islands, Greece and Cyprus.
Paul Baker, SIS's director of Strategic Development, said: "We were impressed by Level 3's track record in delivering superior quality streamed services globally. As we roll out new digital services, it is important for us to have a reliable partner who is capable of providing the efficient and secure content delivery solutions necessary to grow our business. That's why we've selected Level 3 to operate as our primary online services provider."
Tim Passingham, senior vice president, Enterprise Business, EMEA at Level 3 said: "With the evolution of connected devices, low latency and scalability are crucial for any online video offering. These were key considerations for SIS in selecting Level 3 Video Cloud in launching a new service to market, and the company needed to be confident that it could offer the reach and user experience demanded by its customer base. We look forward to working more closely with the SIS team in the coming months and supporting its market growth within betting and broadcast media."
The Level 3 Video Cloud is 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 www.level3videocloud.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 over a global services platform anchored by owned fiber networks on three continents and connected by extensive undersea facilities. Level 3 services are provided by subsidiaries of Level 3 Communications, Inc. For more information, please visit www.level3.com or get to know us on Twitter, Facebook and LinkedIn.
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 integrate the tw telecom acquisition or otherwise realize the anticipated benefits thereof; manage risks associated with continued uncertainty in the global economy; 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; defend intellectual property and proprietary rights; manage the future expansion or adaptation of its network to remain competitive; 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.
SOURCE Level 3 Communications, Inc.