Over in Europe, their CDN business added another substantial streaming customer. According to a PR early this morning, Spanish broadcaster Prisa TV will be using Level 3's CDN to stream 20 of its broadcast channels to PC and mobile viewers. The solution will leverage HTTP adaptive bit rate streaming to optimize quality for the viewer's connection speed. Level 3 has been issuing a steady stream of European CDN contract wins over the past few quarters. Hopefully as those contract ramp we will see a nice boost in their organic growth rate for the second half.
And on a totally separate front, Level 3 added a new product to its VoIP portfolio. Yesterday they launched a managed session border controller service, to be used in conjunction with their SIP Trunking solutions. It's targeted at the enterprise market, enhancing network security and providing traffic normalization, and is based on Acme Packet's SBC offerings. Adding managed SBC helps Level 3 flesh out its VoIP offerings for the enterprise, giving it the tools to expand its addressable market. Their VoIP efforts began as a wholesale product line of course, but have evolved over the past few years as the company has built up its enterprise facing capabilities.
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