Level 3 announces agreement with PLDT
Jan 18, 2010 (CORPORATE IT UPDATE via COMTEX) --
Company: Level 3 Communications, Inc. (LVLT)
Fibre-based communications services provider Level 3 Communications Inc (Nasdaq:LVLT) announced on Monday an agreement with Philippine telecoms provider Philippine Long Distance Telephone Company (PLDT).
No financial details were disclosed.
Under the terms of the agreement, PLDT will use Level 3's landing station connectivity at the Asia America Gateway (AAG) submarine cable system, a critical communications link between the two continents. Level 3's services are expected to provide a diverse and scalable extension of the PLDT pan-Asian network to carry voice, data and video traffic in the US.
Level 3 said its network offers multiple options for cable landing station connectivity that enable cost-effective and reliable transmission of subsea cable traffic.
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Company: Level 3 Communications, Inc. (LVLT)
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