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4-Traders Homepage  >  Equities  >  Nyse  >  Level 3 Communications, Inc.    LVLT

Delayed Quote. Delayed  - 08/23 10:02:02 pm
49.26 USD   +1.00%
02:01p LEVEL 3 COMMUNI : Named 2016 Cyber Security Awareness Month Champion
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Level 3 Communications : Named 2016 Cyber Security Awareness Month Champion

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08/24/2016 | 02:01pm CEST

BROOMFIELD, Colo., Aug. 24, 2016 /PRNewswire/ -- Level 3 Communications, Inc. (NYSE: LVLT) is a Champion of the upcoming National Cyber Security Awareness Month (NCSAM) 2016. It joins a growing global effort among businesses, government agencies, colleges and universities, associations, nonprofit organizations and individuals to promote online safety awareness. As an official Champion, designated by the Department of Homeland Security (DHS) and the National Cyber Security Alliance (NCSA), Level 3 continues to demonstrate its commitment to cybersecurity through the delivery of secure enterprise business solutions and educational programs designed to teach people how they can be safer online.

What is NCSAM?

    --  Recognized every October, National Cybersecurity Awareness Month (NCSAM)
        is a collaborative effort between government and industry to provide
        digital citizens the resources needed to stay safe and secure online and
        protect their personal information.
    --  Coordinated and led by the National Cyber Security Alliance (NCSA) and
        the U.S. Department of Homeland Security (DHS), NCSAM reaches consumers,
        small- and medium-sized businesses, corporations, educational
        institutions and young people across the globe with information and
        educational programs centered on practical approaches to cybersecurity.

Level 3's NCSAM Efforts Highlight:

    --  Cybersecurity Superheroes: How people of all ages can take steps to
        protect their data.
        --  Assets:
            --  How to Craft a Strong Password (Video)
            --  How to Keep Your Social Media Self Safe (Video)
            --  Strategies for Security in the Cloud (Video)
            --  A Millennial's Take on Cybersecurity with Tips (Blog)
    --  Training Employees: Humans can be the biggest risk or asset to a company
        depending on their security training. As Chris Richter, senior vice
        president of global security services says, "You can't patch stupid."
        --  Assets:
            --  Employees and Security Risk (Video)
            --  State of the industry from RSA: Humans remain the weakest link
                for every organization (Video)
    --  Bridging the Job Gap: Creating opportunities for high school students to
        gain real-world experience in cybersecurity jobs through the Pathways in
        Technology Early College High School (P-TECH) program and focusing on
        building talent through in-house training programs.
        --  Assets:
            --  Getting Started in Telecom (Blog)
            --  Preparing the Next Generation for the Evolving Digital Economy

Key Quotes:

Chris Richter, Senior Vice President, Level 3 Communications

"There are no silver bullets. Technology won't keep us safe if we don't adhere to cybersecurity basics such as strong passwords, regular updates and practicing safe clicking. Proper security controls are achieved through a combination of technology, governance and people. We need educated, informed consumers so they can take the right steps to protecting themselves online and make life a little harder for bad actors."

Michael Kaiser, Executive Director of the National Cyber Security Alliance

"The Champion program is a vital part of National Cyber Security Awareness Month's ongoing success. More than 700 organizations joined last year, a nearly 80-percent increase from the year before. We are thankful to our 2016 Champion organizations for their support and commitment to our shared responsibility of promoting cybersecurity and online safety awareness."

About The National Cyber Security Alliance

The National Cyber Security Alliance is the nation's leading nonprofit, public-private partnership promoting cybersecurity and privacy education and awareness. NCSA works with the U.S. Department of Homeland Security and NCSA's Board of Directors, which include representatives from ADP; AT&T Services, Inc.; Bank of America; Barclays; BlackBerry Corporation; Cisco; Comcast Corporation; ESET North America; Facebook; Google; Intel Corporation; Logical Operations; Microsoft Corp.; PayPal; PKWARE; RSA, the Security Division of EMC; Raytheon; SANS Institute; Symantec and Visa Inc. NCSA's core efforts include National Cyber Security Awareness Month (October), Data Privacy Day (January 28) and STOP. THINK. CONNECT., the global online safety awareness and education campaign led by NCSA and the Anti-Phishing Working Group (APWG), with federal government leadership from DHS. For more information on NCSA, please visit staysafeonline.org/about-us/overview/.

About Level 3 Communications

Level 3 Communications, Inc. (NYSE: LVLT) is a Fortune 500 company that provides local, national and global communications services to enterprise, government and carrier customers. Level 3's comprehensive portfolio of secure, managed solutions includes fiber and infrastructure solutions; IP-based voice and data communications; wide-area Ethernet services; video and content distribution; data center and cloud-based solutions. Level 3 serves customers in more than 500 markets in over 60 countries across a global services platform anchored by owned fiber networks on three continents and connected by extensive undersea facilities. For more information, please visit www.level3.com or get to know us on Twitter, Facebook and LinkedIn.

© Level 3 Communications, LLC. All Rights Reserved. Level 3, Level 3 Communications, Level (3) and the Level 3 Logo are either registered service marks or service marks of Level 3 Communications, LLC and/or one of its Affiliates in the United States and elsewhere. Any other service names, product names, company names or logos included herein are the trademarks or service marks of their respective owners. Level 3 services are provided by subsidiaries of Level 3 Communications, Inc.

The information contained under the caption "About The National Cyber Security Alliance" has been provided by the National Cyber Security Alliance, which is solely responsible for its content.

Forward-Looking Statement

Some statements made in this press release are forward-looking in nature and 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. Important factors that could prevent Level 3 from achieving its stated goals include, but are not limited to, the company's ability to: increase revenue from its services to realize its targets for financial and operating performance; develop and maintain effective business support systems; manage system and network failures or disruptions; avert the breach of its network and computer system security measures; develop new services that meet customer demands and generate acceptable margins; manage the future expansion or adaptation of its network to remain competitive; defend intellectual property and proprietary rights; manage risks associated with continued uncertainty in the global economy; manage continued or accelerated decreases in market pricing for communications services; obtain capacity for its network from other providers and interconnect its network with other networks on favorable terms; successfully integrate future acquisitions; effectively manage political, legal, regulatory, foreign currency and other risks it is exposed to due to its substantial international operations; mitigate its exposure to contingent liabilities; and meet all of the terms and conditions of its 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:

    Ashley Pritchard            Mark Stoutenberg

    +1 720-888-5950             +1 720-888-2518

    ashley.pritchard@level3.com mark.stoutenberg@level3.com


Video - http://www.youtube.com/watch?v=blgn9u32YyA&index=2&list=PLR-K5vvet5OQjQ-nJBnKwjQIyAOiuYAIW

Logo - http://photos.prnewswire.com/prnh/20140908/144115

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/level-3-named-2016-cyber-security-awareness-month-champion-300316904.html

SOURCE Level 3 Communications, Inc.

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Financials ($)
Sales 2016 8 285 M
EBIT 2016 1 477 M
Net income 2016 588 M
Debt 2016 9 261 M
Yield 2016 -
P/E ratio 2016 28,49
P/E ratio 2017 22,84
EV / Sales 2016 3,26x
EV / Sales 2017 3,09x
Capitalization 17 710 M
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Level 3 Communications, In Technical Analysis Chart | LVLT | US52729N3089 | 4-Traders
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Mean consensus OUTPERFORM
Number of Analysts 20
Average target price 60,8 $
Spread / Average Target 24%
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Jeffrey K. Storey President, Chief Executive Officer & Director
James Oren Ellis Chairman
Sunit S. Patel Chief Financial Officer & Executive Vice President
Harold W. Teets Chief Information Officer
Michael J. Mahoney Independent Director
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