Located in Cambridge, Massachusetts, XCOM is a competitive local exchange carrier and communications software development company. Founded in 1996, XCOM offers virtual points of presence to Internet service providers and remote access solutions to corporate customers on a regional basis. To provide service in the interim, Level 3 has signed an agreement to lease capacity on a national network over which it will be able to offer advanced IP-based services in selected cities beginning in the third quarter of 1998.
Plans also call for the company to expand internationally.
The statements made by Level 3 in this press release may be forward looking in nature. Actual results may differ materially from those projected in forward looking statements. Additional information concerning these and other potential important factors can be found within Level 3's filings with the U.S. Securities and Exchange Commission. Statements in this release should be evaluated in light of these important factors. Inc. All rights reserved.