Level 3 Works with Blue Jeans Network to Provide Next-generation Video Service that is Easy to Use Across Any Video Collaboration Platform
BROOMFIELD, Colo., Sept. 19, 2013 /PRNewswire/ -- Level 3 Communications, Inc. (NYSE: LVLT) today announced a new cloud-based video conferencing solution to boost productivity and improve the bottom line for enterprises through enhanced collaboration capabilities. Working with Blue Jeans Network, the new video conferencing service is engineered to be seamless and easy to use across any video platform, removing the traditional barriers to integrated video conferencing.
There is a growing market demand for a simple, integrated video conferencing solution that will work seamlessly across multiple video platforms – from dedicated telepresence rooms to individual video-enabled applications and mobile devices. Additionally, growing use of video for remote collaboration is increasing network bandwidth demands and making implementations more complex.
Level 3's cloud-based solution eliminates this complexity, enhancing its already comprehensive collaboration services portfolio. The new solution operates without the need of dedicated IT staff and improves efficiency while avoiding the traditional costs associated with video conferencing implementation. There is no hardware investment necessary, and it operates off of a reservation-less model, enabling on-demand video communication regardless of the platform.
"The rapid emergence of personal video capabilities among Internet-connected desktop and mobile devices, coupled with the increasing enterprise demand for traditional video-conferencing capabilities, has created a new and unique market for an 'any-to-any,' ubiquitous video conferencing service," said Bruno Zerbib, Level 3's vice president of Product Management. "This new solution demonstrates our focus on global enterprises, passion for reliability and overall commitment to providing a superior customer experience. We're excited to work with Blue Jeans to add this new offering to our collaboration product portfolio and believe that we are uniquely positioned to address the diverse and complex collaborative needs of distributed organizations."
"Easy-to-use, accessible video collaboration services provide customers with a level of flexibility and interoperability that needs to be the new standard of enterprise communications," said Krish Ramakrishnan, CEO and co-founder of Blue Jeans Network. "Market interest in these unified video solutions continues to be strong, and we are pleased to be working with Level 3 as part of its enhanced service capabilities and continued dedication to increasing service reliability and customer satisfaction."
For more information on Level 3's advanced collaboration services portfolio, visit http://www.level3.com/en/resource-library/brochure/collaboration-overview/.
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 55 countries over 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.
© Level 3 Communications, LLC. All Rights Reserved. Level 3, Level 3 Communications, Level (3) and the Level 3 Logo either registered service marks or service marks of Level 3 Communications, LLC and/or one of its Affiliates in the United States and/or other countries. Any other service names, product names, company names or logos included herein are the trademarks or service marks of their respective owners. Level 3 services are provided by subsidiaries of Level 3 Communications, Inc.
Website Access to Company Information
Level 3 maintains a corporate website at www.level3.com, and you can find additional information about the company through the Investors pages on that website at http://investors.level3.com/investor-relations/default.aspx. Level 3 uses its website as a channel of distribution of important information about the company. Level 3 routinely posts financial and other important information regarding the company and its business, financial condition and operations on the Investor Relations web pages.
Visitors to the Investors Relations web pages can view and print copies of Level 3's SEC filings, including periodic and current reports on Forms 10-K, 10-Q, 8-K, as soon as reasonably practicable after those filings are made with the SEC.
Copies of the charters for each of the Audit, Compensation and Nominating and Governance committees of Level 3's Board of Directors, its Corporate Governance Guidelines, Code of Ethics, press releases and analysts and investor conference presentations are all available through the Investor Relations web pages.
Please note that the information contained on any of Level 3's web sites is not incorporated by reference in, or considered to be a part of, any document unless expressly incorporated by reference in that document.
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 Global Crossing 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.
Jon Paul McLeary
SOURCE Level 3 Communications, Inc.
|Tyler Technologies Announces New Cloud-based Transportation Management Solution (2013/10/22)|
|ClearOne Announces New Pan-India Distribution Agreement with Enkay Technologies for COLLABORATE Video Conferencing Solutions ()|
|Comcast Launches X1 - A Next-Generation Cloud-Based Video Platform - In New Mexico (2013/8/1)|
|HP Enterprise Services Launches New Cloud-Based Analytics as a Service Based on HP's Big Data Analytics Platform (2013/9/23)|
|Comcast Launches X1 - A Next-Generation Cloud-Based Video Platform - in Washington ()|
|Comcast Launches X1 - A Next-Generation Cloud-Based Video Platform - In Utah ()|
|Webster University Reaches 22,000 Students Worldwide With AT&T AVPN And Video Conferencing Solution ()|
|Interactive Intelligence Awarded Frost & Sullivan’s Cloud-Based Contact Center Solutions Company of the Year, North America (2013/10/7)|
|Nuance to Acquire Varolii, Extend Leadership in Cloud-Based Customer Service Solutions (2013/10/10)|
|Goto AZ Planning Automates Home Delivery Service in Japan With Cloud-Based Descartes/CTC Solution (2013/9/11)|
|Start Premium Trial||Register For Free|
|P||F||Fund Financial Data (13,000+ funds)|
|P||F||Stock Financial Data (7,000+ stocks)|
|P||F||Stock and Fund Screeners (basic)|
|P||F||Investing Articles and Market Commentary|
|P||F||Articles Archive (>30 days)|
|P||F||Discuss (dozens of stock, fund, bond, and general bulletin boards)|
|P||F||Portfolio Manager (basic)|
|P||F||Morningstar Investment Classroom|
|P||F||Access Your Portfolio Anytime, Anywhere via Your Mobile Device|
|P||Morningstar Fund Analyst Reports (full research on 1,700 funds, ETFs, and CEFs)|
|P||Morningstar Stock Analyst Reports (full research on more than 1,100 stocks)|
|P||Portfolio Manager (advanced with 10 X-Ray analyses, including recommendations)|
|P||Portfolio Monitor (monthly and on-demand personalized portfolio statements)|
|P||Morningstar Proprietary Stock Information (stock star ratings, buy/sell prices, economic moat ratings, and more)|
|P||Morningstar 5-Star Stock and Fund Favorites & Red Flags eNewsletters|
|P||Premium Stock and Fund Screeners (advanced with nearly infinite ways to find the best securities for you)|
|P||Discounts on Morningstar newsletters, books, seminars, and more|
Access these features and more when you sign up for Free Membership.
Join Morningstar today. It's Free.
Access these features and more when you sign up for Premium Membership.
Start your free 14-day trial today online
Your subscription may be tax deductible. Please contact your tax advisor.