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TMCNet:  Level 3 Recognized with Frost & Sullivan's

[December 10, 2012]

Level 3 Recognized with Frost & Sullivan's "2012 Latin America Growth Leadership Award in Data Communications Services"

BROOMFIELD, Colo., Dec. 10, 2012 /PRNewswire via COMTEX/ -- Level 3 Communications, Inc. (NYSE: LVLT) was presented with the "2012 Latin America Growth Leadership Award in Data Communications Services" at the 2012 Frost & Sullivan Excellence in Best Practices Awards Banquet held November 29, 2012, at the Grand Hyatt Hotel in Sao Paulo, Brazil.


(Logo: http://photos.prnewswire.com/prnh/20111004/LA77008LOGO) The Frost & Sullivan Growth Leadership Award is presented to the company that has demonstrated excellence in capturing the highest annual compound growth rate for the past three years. In addition to differentiating its data communications services, the company has developed new offerings to meet increased demand for video streaming, while also leveraging the company's data center facilities to meet the need for virtual services with new hosting, storage, and increased backup to help customers grow in the region and internationally.

"This recognition was a result of our growth in the Latin America region, driven by our data communications services, including Internet Protocol (IP) and Data services, among others," said Leonardo Barbero, Level 3's chief marketing officer and senior vice president for Latin America. "This growth was also thanks to our high-capacity connections, along with our network management services and value-added services that enhance the performance of our solutions. The award underscores our focus on a positive customer experience." "This award is evidence of Level 3's exceptional performance on data communications services in Latin America, driven by its ability to deliver high capacity circuits, innovative value-added services and leading customer support," said Renato Pasquini, Frost & Sullivan Telecommunications Team Leader in Latin America. "Level 3 was able to differentiate its connectivity offerings with network management services and other value-added services that enhance the performance of its solutions, resulting in increasing customer satisfaction and value." Frost & Sullivan's Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices.

For more information on Level 3's 2012 analyst awards for data services, visit: http://www.level3.com/en/landing-pages/vpn-landing/vpn-industry-awards/ About Frost & Sullivan Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com.

About Level 3 Communications Level 3 Communications, Inc. (NYSE: LVLT) 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 450 markets in 45 countries over 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, visit www.level3.com.

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://lvlt.client.shareholder.com/. 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 websites is not incorporated by reference in, or considered to be a part of, any document unless expressly incorporated by reference in that document.

Information under the caption About Frost & Sullivan has been provided by Frost & Sullivan, which is solely responsible for its content.

Forward-Looking Statement 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; obtain additional financing, particularly in the event of disruptions in the financial markets; manage continued or accelerated decreases in market pricing for communications services; maintain and increase traffic on its network; develop and maintain effective business support systems; manage system and network failures or disruptions; develop new services that meet customer demands and generate acceptable margins; adapt to rapid technological changes that could adversely affect the company's competitiveness; defend intellectual property and proprietary rights; 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.

Contact Information: Media: Investors: Richard Larris Mark Stoutenberg +1 973-937-0153 + 1 720-888-2518 Richard.Larris@Level3.com Mark.Stoutenberg@Level3.com Paula Vivo Latin America +55 11-3957-2424 Paula.vivo@Level3.com SOURCE Level 3 Communications, Inc.

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