Thursday, October 27, 2005

Level 3 and Cogent Reach Peering Agreement

Level 3 Communications and Cogent Communications have agreed on terms to continue to exchange Internet traffic under a modified version of their original peering agreement. The companies said their modified peering arrangement allows for the continued exchange of traffic between their two networks, and includes commitments from each party with respect to the characteristics and volume of traffic to be exchanged. Under the terms of the agreement, the companies have agreed to the settlement-free exchange of traffic subject to specific payments if certain obligations are not met.

The modified arrangement contains provision to mitigate any impact to customers' Internet connectivity as it sets forth an agreed process to protect customers upon the expiration of the peering relationship, or upon violations of the agreement that are not remedied in accordance with the revised agreement.

The specific terms of the agreement were not disclosed.

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