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Level 3 Expands Strategic Relationship with Cox Communications

BROOMFIELD, Colo. July 13, 2011

http://photos.prnewswire.com/prnh/20110523/LA06722LOGO

The comprehensive agreements into which Level 3 and Cox are entering build upon and strengthen the extensive relationships between the two companies lasting over ten years. The companies have also agreed on terms and conditions under which they will exchange IP traffic between their respective backbone networks.

Andrew Crouch

Jay Rolls

www.level3.com

About Level 3 Communications

www.Level3.com

the United States

Forward-Looking Statement

Some of the statements made in this press release are forward looking in nature. These statements 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. The most important factors that could prevent Level 3 from achieving its stated goals include, but are not limited to:  the current uncertainty in the global financial markets and the global economy; a discontinuation of the development and expansion of the Internet as a communications medium and marketplace for the distribution and consumption of data and video; and disruptions in the financial markets that could affect Level 3’s ability to obtain additional financing.  Additional factors include, but are not limited to, the company’s ability to:  increase and maintain the volume of traffic on its network; develop effective business support systems; manage system and network failures or disruptions; develop new services that meet customer demands and generate acceptable margins; defend intellectual property and proprietary rights; adapt to rapid technological changes that lead to further competition; attract and retain qualified management and other personnel; successfully integrate acquisitions; and meet all of the terms and conditions of 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:

Monica Martinez

Mark Stoutenberg

720-888-3991

720-888-2518

[email protected]

[email protected]

SOURCE Level 3 Communications, Inc.

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