Maresa Holding Corporation Selects Level 3 to Enhance Communications Between Operating Companies
(ENP Newswire Via Acquire Media NewsEdge) ENP Newswire - 25 October 2013
Release date- 24102013 - QUITO, ECUADOR - Level 3 Communications, Inc. (NYSE: LVLT) today announced it is providing a range of telecommunications services to Maresa Holding Corporation, an Ecuadorian conglomerate made up of several automotive companies, including automotive assembly, distribution, marketing and leasing of vehicles.
The consistent and rapid growth of the automotive market in Ecuador in recent years has attracted more companies to enter the country and address growing consumer demand. These increases in demand throughout the country have created new operational challenges for Maresa. With more than 27 facilities nationwide, the organization required a network provider and communications services that would enable it to integrate its operations, simplify communications and enhance collaboration between its operating companies.
'By working with Level 3, we have been able to migrate all of our services to MPLS technology, obtain assured quality of service, optimize our resources, and leverage the extensive support of a highly skilled professional team,' said Gloria Sandoval, IT manager for Maresa Holding Corporation.
As a part of this agreement, Level 3 implemented network connectivity for all of Maresa Group's operating company facilities in Ecuador. In addition to data and Internet services, the organization uses Level 3's hosting services to manage its critical data, receiving 24/7 monitoring and security.
'Maresa operates in a highly competitive and dynamic industry, and it was important for Level 3 to fully understand this market climate and their business requirements to implement a network solution that would address their unique communications challenges,' said Francisco Guzman, director of Sales for Level 3 in Ecuador. 'Level 3 is pleased to provide Maresa with the network services that enhance its core operations, positioning the company to compete more effectively and grow in this active market.'
For more information on Level 3's advanced network and service offerings, visit www.level3.com.
About Maresa Holding Corporation
Maresa Holding Corporation is a strong and solid conglomerate, which has quickly become a symbol of Ecuadorian Industry. Maresa Holding Corporation was founded in 1997 with the partnership of companies involved in businesses related to the merchandising and assembly of vehicles of Maresa Group, with over 30 years of experience in the Ecuadorian market. For more information, please visit http://www.corpmaresa.com.ec/
About Level 3 Communications
Level 3 Communications (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 500markets in 55 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, please visit www.level3.com or get to know us on Twitter, Facebook and LinkedIn.
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.
The information contained under the caption 'About Maresa Holding Corporation' has been provided by Maresa Holding Corporation, which is solely responsible for its content.
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 Mark Stoutenberg
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