The operators said they will enhance their existing network capacity while extending their mutual interconnection agreements to ensure that they maintain ample capacity to exchange internet traffic between their networks. The arrangement expands on the agreements already in place between the two companies, said Comcast.
The agreement comes five years after both operators were in a peering dispute over the amount of traffic from Netflix that Level 3 was sending to the Comcast's network.
"We are delighted to strengthen our relationship with Level 3. Today’s announcement reflects the important ways in which network participants exchange value in an innovative marketplace," said John Schanz, chief network officer at Comcast Cable.
"We place great value on our relationships with network partners like Level 3 and are continually seeking mutually beneficial, market-driven agreements that enhance value throughout the network."
Level 3 has also signed similar interconnect deals with Verizon and AT&T this month.
