Time Warner Cable to expand its national network via agreement with Level 3
Level 3 Communications Inc. (NYSE: LVLT) says it has signed a multi-year agreement with Time Warner Cable Inc. (NYSE: TWC) that will expand Time Warner Cable’s national network. The agreement includes core infrastructure services for enhancing the network’s redundancy and reliability. The companies also agreed on terms and conditions for exchanging IP traffic between their respective backbone networks.
"The strength of our network is at the center of all the services we provide our more than 15 million customers, and we continue to expand the reach and capacity, as well as improve the reliability of that network to best serve our customers today and in the future," said Mike LaJoie, executive vice president and CTO for Time Warner Cable. "Through these agreements, Level 3 continues to be a valuable partner in the growth of our Network's capacity and strength."
“Service providers recognize that network reliability is essential to a superior customer experience for both residential and enterprise clients,” says Jack Waters, Level 3’s chief technology officer. "By leveraging the extensive reach of the Level 3 network, Time Warner Cable will be better positioned to deliver a highly reliable portfolio of services to its customers. We are pleased to have expanded our longstanding business relationship with Time Warner Cable through these agreements."
