Comcast and Level 3 Announce Long-Term Interconnection Agreement
May 21 2015 - 9:00AM
Business Wire
Comcast and Level 3 Communications announced they have reached a
new multi-year, bilateral interconnection agreement as part of a
multifaceted arrangement that will help both companies meet their
customers’ needs into the next decade and beyond. The new
arrangement builds on the strong working relationship between
Comcast and Level 3, and expands on the agreements already in place
between the two companies.
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“We are delighted to strengthen our relationship with Level 3.
Today’s announcement reflects the important ways in which network
participants exchange value in an innovative marketplace,” said
John Schanz, chief network officer at Comcast Cable. “We place
great value on our relationships with network partners like Level 3
and are continually seeking mutually beneficial, market-driven
agreements that enhance value throughout the network.”
“We believe the agreement will benefit Level 3’s and Comcast’s
customers for years to come,” said Jack Waters, chief technology
officer for Level 3. “Our companies share the goal of enabling a
growing, secure and resilient interconnection environment.”
Under the terms of the agreement, Comcast and Level 3 will
enhance their existing network capacity while extending their
mutual interconnection agreements, ensuring that both maintain
ample capacity to exchange Internet traffic between their networks.
The agreement covers both companies’ existing networks as well as
any expansion that may occur during the term of the agreement.
About Comcast Corporation:
Comcast Corporation (Nasdaq: CMCSA, CMCSK) is a global media and
technology company with two primary businesses, Comcast Cable and
NBCUniversal. Comcast Cable is the nation's largest video,
high-speed Internet and phone provider to residential customers
under the XFINITY brand and also provides these services to
businesses. NBCUniversal operates news, entertainment and sports
cable networks, the NBC and Telemundo broadcast networks,
television production operations, television station groups,
Universal Pictures and Universal Parks and Resorts. Visit
www.comcastcorporation.com for more information.
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. Level 3
services are provided by subsidiaries of Level 3 Communications,
Inc. For more information, please visit www.level3.com or get to
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version on businesswire.com: http://www.businesswire.com/news/home/20150521005690/en/
Comcast CorporationDavid McGuire,
215-286-5240david_mcguire@comcast.comorLevel 3
CommunicationsAshley Pritchard,
720-888-5950ashley.pritchard@level3.com
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