Level 3 to supply State of South Carolina with Web, audio conferencing services
Level 3 Communications (NYSE: LVLT) snagged a five-year contract to supply the State of South Carolina and its agencies with its suite of Web and audio conferencing services. Financial terms were not disclosed.
By handing these functions over to Level 3, the state will gain two key benefits: driving more collaboration between departments, and lowering travel costs by not having to conduct every meeting in person.
The contract will also enable the state to allow more of its employees to telework, which will improve its disaster recovery and Continuity of Operations (COOP) plan when inclement weather or a disaster makes it difficult for employees to travel to government offices.
This contract also illustrates the marriage of Level 3's expansive metro fiber networks and the collaboration services, VPN, cloud offerings and managed services it gained from the acquisition of Global Crossing in 2011.
This contract is an important win as the provider moves to raise Core Network Services (CNS) revenue amidst declines in its traditional wholesale services business.
CNS revenue growth was a big factor during the second quarter, rising 2.4 percent to $1.4 billion.
- see the release
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