Level 3 Communications, Inc. (NYSE: LVLT) today announced it has completed a substantial expansion of the global capacity of its content delivery network (CDN). The expansion, which was completed in less than two years, more than doubles the company’s CDN capacity to support customer growth and increased demand.
Level 3 has increased its globally available CDN capacity to more than 5.6 Tbps (terabits per second) from 2.15 Tbps in late 2010. The expansion is in response to increased demand from entertainment and enterprise customers’ for fast, reliable and scalable event-based and steady state or continuous content delivery.
In addition to increasing its CDN capacity, Level 3 has expanded its CDN service offering to new markets in Buenos Aires (Argentina); Rio de Janeiro (Brazil); Medellin (Colombia); Jeddah (Saudi Arabia); and Montreal and Toronto (Canada). Level 3 is also continuing its work to grow its deployments in Africa, Asia Pacific, Latin America and North America.
The expansion helped one of Level 3’s largest CDN customers, Netflix, Inc., expand its business into other countries.
The research has been done, the opinions formed, and the consensus is unanimous: Latin America
Level 3 Communications, Inc. (NASDAQ: LVLT) today announced that it has launched a new referral program in a select group of Latin American markets that have seen a steady increase in demand for international bandwidth and a growing need for global enterprise solutions. Working with approved referral providers through the program, Latin American carriers will be able to extend their in-region networks by contracting directly with Level 3 to leverage its Internet and data services offered in North America and Europe.
New forecasts from ABI Research indicate that in 2015 about 244 million people worldwide will carry out financial transactions using their mobile phones. This growth in the financial cell phone sector is not specific to North America or Europe, and large investment is anticipated in regions like Latin America.
Latin American infrastructure is a drawback; only about 33 percent of the population has access to formal financial services. But 80 percent have access to mobile phones, which presents a significant opportunity for extending financial services to millions of low-income customers in the region.
To support this, last month, IFC, a member of the World Bank Group, invested US$3 million for Panama
Mitel today announced the winners of its channel program at the Mitel Forum 2007 awards dinner held June 27, 2007, at the Bellagio Hotel and Casino in Las Vegas, NV. Twenty-two channel partners were honored for their overall business performance, marketing programs, and high levels of sales achievement and customer satisfaction, that combined, most closely exemplifies what Mitel seeks in its channel partners.