Aerie Networks Breaks Ground on Largest Capacity Network in
North America;
DENVER, Dec. 12 /PRNewswire/ -- Aerie Networks, the first company to introduce Mass Produced Bandwidth(SM) and User Defined Networks(SM), officially breaks ground today on the first two legs of the Eastern ring of its planned 20,000-mile broadband fiber network from Kansas City to Chicago and New York to Washington D.C. An official groundbreaking ceremony will be broadcast live via public webcast at 11 a.m. Central time (details below).
The Aerie Networks Groundbreaking event will take place about 20 miles
south of Tulsa -- Aerie Networks' headquarters for construction -- along the Explorer Pipeline Company's pipeline near Highway 75. The webcast will
feature Aerie Networks CEO, Peter Geddis, and President and COO Mort Aaronson, as well as representatives from Aerie Networks' strategic partners Corning Incorporated (NYSE: GLW) Senior Vice President and General Manager, Optical Fiber, Alan Eusden; and Nortel Networks* (NYSE: NT;
Toronto) Vice President Optical Internet, Dan Mondor.
"Today marks one of the most important milestone's in our company's existence, and officially starts the beginning of a new era in communications," said Geddis. "On behalf of the entire Aerie team, I want to thank Nortel Networks, Corning, as well as our distinguished group of investors and partners for their continued support and enthusiasm."
Aerie's process of mass-producing bandwidth creates economies of scale that allow it to be the lowest cost provider of bandwidth. With the largest inventory of fiber miles, a simplified network architecture with fewer network elements and layers, and the latest fiber technology, Aerie is able to reduce the cost to produce bandwidth and create new price points for dark and lit fiber.
Aaronson said, "As a Network Host(SM), Aerie is creating a platform on which others can build and operate their networks. We are positioned to meet the increasing demand for city-to-city connectivity that is being driven by the
explosive growth and investment by last mile providers to improve connectivity to end users, as well as the creation of new broadband content applications and technologies. " |
