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Technology Stocks : RCN Corp. (RCNC) - Voice-Video-Internet

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To: Sarkie who wrote (635)8/15/2000 1:59:07 PM
From: Sarkie  Read Replies (1) of 720
 
RCN Continues Expansion in Northern California; Wins Local Regulatory Approval to Offer Bundled Telecom Services
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Residents of Burlingame Are the Latest to Benefit From Competition

PRINCETON, N.J., Aug. 15 /PRNewswire/ -- RCN Corporation (NASDAQ:RCNC)
announced today that it had received local regulatory approval to construct
its high-capacity, broadband network in Burlingame, Calif. and offer the
community's residents its bundled phone, cable and Internet services. RCN is
moving swiftly through California, with Burlingame's unanimous approval
following on the heels of approvals in Beverly Hills and Gardenia six weeks
earlier.
"RCN has been well-received throughout California and we are looking
forward to providing the residents of Burlingame with a choice in
telecommunications providers," said Mike Adams, RCN's President and Chief
Operating Officer. "While Burlingame will benefit from our competitive,
facilities-based services, the city is also an excellent fit for RCN. The
community has a density more than four times the national average of 30 homes
per mile and we anticipate the same warm reception to our phone, cable and
Internet bundle that we have received in neighboring communities."
RCN is targeting the most densely populated residential areas in the
country, currently focusing on the build-out and delivery of services from San
Francisco to San Diego and from Boston to Washington, D.C., as well as the
city of Chicago and its surrounding suburbs.
The company is currently offering its bundled phone, cable and high-speed
Internet services to the northern California communities of South San
Francisco, San Mateo and Daly City and is constructing its Megaband(TM)
Network in Redwood City. RCN is also constructing its network in Los Angeles
through an alliance with Southern California Edison. To date, RCN has
designed or built 4,300 fiber miles of its high-capacity network in
California.
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