Level 3 Deepens Commitment to Financial Services Industry
Posted: Tue Jan 04, 2011 6:34 am
Level 3 Deepens Commitment to Financial Services Industry with Two New Ultra-Low-Latency European Routes
New London-to-Madrid and Frankfurt-to-Madrid Routes Improve Latency for Financial Exchanges and Trading Venues
New London-to-Madrid and Frankfurt-to-Madrid Routes Improve Latency for Financial Exchanges and Trading Venues
LONDON, January 04, 2011
Level 3 Communications, Inc. (NASDAQ: LVLT) today announced it has launched its ultra-low-latency fiber-optic network connections from both London to Madrid and Frankfurt to Madrid. Effective today, Level 3 will offer customers transport services on these ultra-low-latency routes, with circuit speeds capable of up to10 Gigabits per second (Gbps).
Level 3 currently offers ultra-low-latency routes to some of the world’s largest financial centers. In line with Level 3’s commitment to investing in network expansion and bolstering its portfolio of offerings for the financial services industry, the company has announced new routes to serve these additional important financial markets in Europe.
“These new routes are a direct response to our customers’ changing geographic diversity needs, and our ability to provide ultra-low-latency that leverages our network design, reach and scale is a real differentiator for Level 3 in the financial services market,” said James Heard, president of European Markets at Level 3. “When you combine low latency with our industry-leading service level guarantees on our routes, we believe we have a compelling offering for these financial markets.”
These new routes also provide improved latency on the Madrid-to-New York and Madrid-to-Chicago routes, enabling higher-speed transaction rates with very low transmission delays for financial exchanges and other trading venues.
The Level 3 network today spans 23 countries, with services offered in approximately 190 markets in Europe and North America. The company operates approximately 54,000 long-haul fiber miles and 27,000 metro fiber miles, making it one of the most extensive and diverse network footprints in the market.
Level 3 offers multiple low-latency options for any given route and a direct connection to low latency, transatlantic routes with diverse landing stations to better enable network security and business continuity.
To learn more about Level 3’s European capabilities, please click here.
About Level 3 Communications
Level 3 Communications, Inc. (NASDAQ: LVLT) is a leading international provider of fiber-based communications services. Enterprise, content, wholesale and government customers rely on Level 3 to deliver services with an industry-leading combination of scalability and value over an end-to-end fiber network. Level 3 offers a portfolio of metro and long-haul services, including transport, data, Internet, content delivery and voice. For more information, visit www.Level3.com.