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January 7, 2013
07:02 EDTLVLTLevel 3 and XO Communications sign settlement-free peering agreement
Level 3 and XO Communications announced they have entered into a long-term settlement-free Internet traffic exchange agreement, also commonly referred to as a peering agreement, that is based on the bit-mile balance approach. The peering agreement ensures that customers on each of the two Internet service providers' networks can continue to exchange data with customers on the other service provider's network efficiently and cost-effectively.
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