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Technology Stocks : The *NEW* Frank Coluccio Technology Forum

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To: ftth who started this subject1/15/2002 1:29:21 AM
From: Frank A. Coluccio  Read Replies (1) of 46821
 
ALERON DEBUTS ITS ALL-MPLS IP BACKBONE

[incredibly, they just keep on coming... and in this instance, Goldman Sachs is a primary backer]

Aleron, a venture-backed global IP network services company,
announced the availability of its nationwide MPLS-based IP
backbone. The network uses upgraded optical infrastructure and
2.5 Gbps wavelengths. Aleron operates POPs in ten cities:
Atlanta, Chicago, Dallas, Denver, Los Angeles, Miami, New York
City, Palo Alto, California, Seattle and Washington DC. It also
provides additional access POPs in Boston, Cleveland, Detroit,
Houston, Indianapolis, Philadelphia, Phoenix, Pittsburgh, Raleigh
and San Diego. Aleron is based in Reston, Virginia.
aleron.com
Aleron, January 14, 2002

Aleron's majority shareholder is Goldman Sachs. The company is
headed by Paolo Guidi, who previously was the Chairman and CEO of
Teleglobe Communications. Its executive team also includes Steve
Heap, formerly VP of network planning at Teleglobe; Jeff Barrows,
formerly Director of Internetwork Engineering at UUNet; and David
Kim, formerly VP of Internet Technology at Broadwing.

In October, Aleron agreed to acquire Telia AB's Internet backbone
subsidiary in the US. Financial terms were not disclosed.
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