Comcast (CMCSA,CMCSK) and Level 3 Communications (LVLT) announced they have reached a new multi-year, bilateral interconnection agreement as part of a multifaceted arrangement that will help both companies meet their customers' needs into the next decade and beyond.
According to both the companies, the new arrangement builds on the strong working relationship between Comcast and Level 3, and expands on the agreements already in place between the two companies.
As per agreement terms, Comcast and Level 3 will enhance their existing network capacity while extending their mutual interconnection agreements, ensuring that both maintain ample capacity to exchange Internet traffic between their networks.
The agreement covers both companies' existing networks as well as any expansion that may occur during the term of the agreement.
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