Friday, October 28, 2005

Level 3 and Cogent Reach Agreement on Equitable Peering Terms

Via Yahoo! News.

Level 3 Communications and Cogent Communications today announced that the companies have agreed on terms to continue to exchange Internet traffic under a modified version of their original peering agreement. The modified peering arrangement allows for the continued exchange of traffic between the two companies' 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 is designed 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. Those protections include advance written notice to the customers of each party upon termination of the agreement, as well as terms assuring the continued exchange of traffic for a reasonable transition period.

The specific terms of the agreement are confidential.

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