SBC Telecom, Inc. Completes Agreement with FiberNet for Network Services
Posted on: Wednesday, 21 January 2004, 06:00 CST
NEW YORK, Jan. 21 /PRNewswire-FirstCall/ -- FiberNet Telecom Group, Inc. , a leading provider of metropolitan connectivity, announced today it has signed an agreement with SBC Telecom, Inc., a wholly owned subsidiary of SBC Communications Inc. , for colocation within the 60 Hudson Street Meet-Me-Room and interconnection of transport services throughout New York City. The agreement initially requires FiberNet to interconnect its network with SBC Telecom, Inc. through both optical and electrical entrance facilities.
FiberNet's Meet-Me-Room provides its customers with the optimized efficiency and flexibility of a centralized, carrier-class, interconnection and colocation facility, operated on a carrier-neutral basis. 60 Hudson Street is one of the preeminent carrier hotels in the world, serving as an international hub for over 100 telecommunications carriers, including the leading global service providers. Combining these colocation services with FiberNet's extensive network offers customers robust solutions to their metro local loop needs.
About FiberNet
FiberNet Telecom Group, Inc. deploys, owns and operates fiber-optic networks designed to provide comprehensive broadband connectivity to other telecommunications service providers for their data, voice and video transmissions. The Company's networks provide an advanced, high bandwidth, fiber-optic solution to support the demand for network capacity and to facilitate the interconnection of multiple carriers' networks. FiberNet's primary business is to provide optical and electrical broadband circuits within and between carrier hotels, which are industrial buildings where service providers house their communications equipment to exchange and route communications traffic. The Company's networks support multiple domestic and international transmission protocols including synchronous optical network, or SONET, synchronous digital hierarchy, or SDH, Ethernet, and Internet Protocol, or IP, and can deliver broadband connections with bandwidth ranging from 1.5 megabits per second to 10.0 gigabits per second, as well as optical wavelengths. FiberNet currently operates primarily in the two gateway markets of New York and Los Angeles, focusing its services in the local loop of major metropolitan areas. For more information on FiberNet, please visit the Company's website at http://www.ftgx.com/.
Various remarks that we may make about the Company's future expectations, plans and prospects constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Such remarks are valid only as of today, and we disclaim any obligation to update this information. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors, including those discussed in the Company 's most recent Annual Report on Form 10-K, which is on file with the Securities and Exchange Commission.
FiberNet Telecom Group, Inc.
CONTACT: Thomas Brown, Senior Vice President of Sales & Marketing, ofFiberNet Telecom Group, Inc., +1-516-542-3620, or +1-212-405-6200,Thomas.brown@ftgx.com
Web site: http://www.ftgx.com/
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