Metromedia Fiber Network Signs First 'Dark Fiber'
Agreement With Regional Bell Operating Company
Bell Atlantic to Harness Additional Capacity to Power
Its Next-Generation Long Distance Network
January 12, 1999
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For Metromedia Fiber Network
Gary J. Gatyas, Jr., Gibbs & Soell, Inc.
For Bell Atlantic
NEW YORK -- Metromedia Fiber Network,
Inc. (NASDAQ:MFNX) today announced the signing of its first
'dark fiber' lease agreement with a regional Bell operating
company. According to terms of the agreement, Bell Atlantic
Global Networks will lease dark fiber strands from Metromedia
Fiber Network to build out its new long distance network between
New York City and White Plains.
The term 'dark fiber' refers to fiber optic cable without any of the
electronic or optronic equipment necessary for transmission.
Using Metromedia Fiber Network's infrastructure, customers are
able to rapidly deploy state-of-the-art optical networks.
Communications carriers and Internet Service Providers gain "last
mile" connectivity to the most highly populated metropolitan areas.
Corporate and government customers benefit from private
building-to-building networks featuring the fastest transmission
speeds available and the highest levels of reliability and security.
"Our agreement with Bell Atlantic is further evidence of the
benefits provided by Metromedia Fiber Network's dark fiber
solution to incumbent local exchange carriers (ILECs) wanting to
expand services even within their traditional franchised territories,"
said Howard Finkelstein, president of Metromedia Fiber Network.
"By adding the nation's largest local phone company to our
growing list of communications carrier customers, Metromedia
Fiber Network continues to demonstrate the value and breadth of
our infrastructure in enabling all types of telecommunications
carriers to obtain quick and cost effective access to major Tier One
Bell Atlantic is leasing capacity from Metromedia Fiber Network
to meet the future long distance demands of its business customers
in New York City and area suburbs.
Stu Verge, president of Bell Atlantic Global Networks said, "we
have embarked on an aggressive build out of a new long distance
network and our agreement with Metromedia Fiber Network
enables us to meet important objectives in our business plan.
Leasing the fiber, rather than installing new lines ourselves, gives
us the capability to deploy a high-speed, high-capacity data and
voice communications network quickly and cost effectively."
Global Networks, a unit of Bell Atlantic's Data Solutions Group,
was created to build and manage Bell Atlantic's next-generation,
long distance network.
"We plan to install advanced electronics on the leased lines to
deliver voice and data over a single network, which will mean a
significant cost savings to our customers," said Verge. He added
that Bell Atlantic plans to deploy leading-edge switching
technologies such as Asynchronous Transfer Mode (ATM) and
Dense Wave Division Multiplexing (DWDM) to handle the
especially high volume of data traffic generated by businesses in
the New York metro region. The company also will offer Internet
Protocol (IP) routing capability to enable businesses to
Bell Atlantic has indicated that it plans to "light" the dark fiber
when it receives permission to provide long distance service in
New York, which it expects in the second quarter of this year.
"Metromedia Fiber Network appreciated our need to have this
capacity available in anticipation of our long distance launch," said
Verge. "Their responsiveness and flexibility in reaching this deal
will enable us to meet the heavy demands of customers in the metro
region as soon as we're allowed to enter the long distance market."
About Bell Atlantic Data Solutions Group
Bell Atlantic Data Solutions Group (DSG) is dedicated to
providing globally integrated network solutions that seamlessly
connect businesses with their customers, partners and employees.
DSG provides all aspects of data networking from the management and
operation of customer networks and network integration, to
network transport and advanced IP services such as intranets and
extranets, virtual private networks, web hosting and multimedia
services. DSG will offer complete, end-to-end solutions through
third party alliances and partnerships it will form nationally and
About Bell Atlantic
Bell Atlantic is at the forefront of the new communications and
information industry. With 42 million telephone access lines and
eight million wireless customers worldwide, Bell Atlantic
companies are premier providers of advanced wireline voice and
data services, market leaders in wireless services and the world's
largest publishers of directory information. Bell Atlantic
companies are also among the world's largest investors in high-
growth global communications markets, with operations and investments
in 23 countries.
About Metromedia Fiber Network
Metromedia Fiber Network is building fiber optic infrastructure in
the local loop in strategic Tier One markets, enabling
technologically sophisticated organizations to implement the latest
data, video, internet and multimedia applications. By offering
virtually unlimited, unmetered bandwidth at a fixed cost,
Metromedia Fiber Network is eliminating the bandwidth barrier
and redefining the way broadband capacity is sold.
Through ION, Metromedia Fiber Network's joint venture with
Racal Telecom of the United Kingdom, the company provides
customers with international bandwidth capacity. For more
information about Metromedia Fiber Network, please visit the
company's Web site at http://www.mmfn.com/.
This news release contains certain forward-looking statements that
involve risks and uncertainties. Factors that could cause or
contribute to such risks and uncertainties include, but are not
limited to, general economic and business conditions, competition,
changes in technology and methods of marketing, and various other
factors beyond the Company's control. This also includes such factors
as described from time to time in the SEC reports filed by Metromedia
Fiber Network, including the most recently filed Form 10-Q.