Level 3 Communications

Level 3 Communications (NASDAQ: LVLT) is headquartered in Broomfield, Colorado, about 10 miles northwest of Denver.

Level 3 through its operating subsidiaries, engages primarily in the communications and information services businesses. The Company is a facilities-based provider of a range of integrated communications services, including voice, private line, wavelengths, colocation, Internet access, managed modem, data services and dark fiber. It has designed its network to provide communications services, which employ and leverage underlying optical and Internet Protocol (IP) technologies. Growth products include both wholesale and consumer oriented voice services and IP-virtual private network (VPN) services. The Company's core products consist of Transport and Infrastructure, and IP and Data products. Level 3 also provides managed modem and digital subscriber line (DSL) services to customers. Level 3 also sells coal primarily through long-term contracts with public utilities through its two 50%-owned joint venture surface mines in Montana and Wyoming.

Completed 2001, the Level 3 Network today operates as one of the world’s newest and most advanced telecommunications platforms.

The network spans 23,000 intercity route miles and delivers services to customers in major markets across the United States and Europe. It serves a substantial number of the world’s largest and most sophisticated communications companies, including inter-exchange carriers, local phone companies, European PTTs, cable operators, ISPs, wireless companies, content providers, and media and entertainment companies.

The Level 3 Network was the first international network in the world built to be continuously upgradeable and fully optimized for Internet Protocol. Because the network was constructed with multiple conduits, Level 3 can deploy new generations of optical fiber and equipment far more quickly and economically than its competitors – a critical capability in an era of rapid technological change.

The Smithsonian Institution has recognized the Level 3 Network as an important component of the ongoing revolution in communications and information technology. In April 2000, the Smithsonian cited Level 3 as a Computerworld Laureate for its historic achievement in creating a new kind of network infrastructure. The Smithsonian noted that Level 3 is changing communications at a fundamental level – and “helping to stimulate the biggest change in communications technology in 100 years."