MEXICO CITY -- Level 3 Communications, Inc., (NYSE: LVLT - News) today announced it has renewed an agreement, through its locally licensed affiliate in Mexico, with Grupo Elektra, a rapidly growing leader in the financial and specialty retail services market in Latin America. Under the agreement, Level 3 will provide services to help strengthen and improve the security, reliability and efficiency of Grupo Elektra's communications.

The Level 3 solution connects Grupo Elektra's headquarters in Mexico with its Banco Azteca branches in Argentina, Brazil, El Salvador, Guatemala, Honduras, Panama and Peru. It is helping Grupo Elektra's customer service improve performance and efficiency by converging voice, data and video over a single network. Through Level 3's global network, Grupo Elektra can take advantage of scalable capacity to easily accommodate growth; multiple access options for additional flexibility; a wide range of Internet Protocol (IP) communications services; and guaranteed quality of service, as well as enhanced security.

"It is a great distinction for Level 3 to have Grupo Elektra as a customer," said Hector Alonso, Level 3's regional president Latin America. "By connecting its locations with Level 3's versatile network solutions, we will continue to ensure that Grupo Elektra's corporate network functions optimally."

Level 3 Communications Inc. (NYSE: LVLT)