Apr, 2001 : Level 3 Communications provides bandwidth to Yahoo!

📅 April 17, 2001 - Level 3 Communications, Inc. (level3.com) announced that it has signed a new multi-year, multi-million dollar agreement with Yahoo! (yahoo.com)further extending their relationship in North America. Under the terms ofthis new agreement, Yahoo! will use Level 3's "(3)CrossRoads" Internetaccess service for delivery of its digital content and streamingapplications. This includes the core Yahoo! services, Yahoo! Broadcast, andYahoo! Finance Vision.
"We are extremely pleased to expand our relationship with Yahoo!" said KevinJ. O'Hara, president and COO for Level 3. "We have consistently positionedthe Level 3 network as unique in its ability to meet the needs of leadingcustomers like Yahoo!, not just in terms of lower cost but also in qualityof service. We have maintained a strong relationship with Yahoo! for thepast several years in North America, expanded our relationship into Asialast year, and look forward to continuing to work closely with them. As aleading global Internet communications, commerce, and media company, Yahoo!'s needs are well matched to the services we offer."
This is a significant agreement for both parties, not only in commercialterms but it will also result in improved performance for Yahoo! users aswell as Level 3's customers who, through Level 3's unique global network,will be just one hop away from this premier Internet brand.
"We are continually focused on providing the highest-level Internetexperience to our users, and working with Level 3's advanced global IPnetwork and bandwidth services has allowed us to better deliver our digitalcontent to audiences across the Yahoo! network," said Farzad Nazem, CTO atYahoo!. "We are eager to continue working with Level 3 and to provide ourcustomers with the most reliable, highest quality Internet services."