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Technology Stocks : RCN Corp. (RCNC) - Voice-Video-Internet -- Ignore unavailable to you. Want to Upgrade?

To: Sarkie who wrote (625)	7/25/2000 11:38:29 PM
From: Sarkie	Read Replies (1) \| Respond to of 720

RCN to Expand Its Northern New Jersey Cluster ================================================================ Regulatory Approvals Pave the Way for RCN to Offer its Services in Communities of Cliffside Park and Guttenberg PRINCETON, N.J., July 25 /PRNewswire/ -- RCN Corporation (NASDAQ:RCNC), a leading residential provider of bundled telephone, cable television and high-speed Internet services, has received regulatory approval to deliver its full suite of services to the residents of the Cliffside Park in Hudson County and Guttenberg in Bergen County, New Jersey. RCN is also authorized to provide its bundled services in the Bergen County communities of Fairview, Ft. Lee and North Bergen and in the Hudson County communities of and Bayonne, Hoboken, and Jersey City. "RCN is building out its high-capacity fiber-optic Megaband Network in the densely populated Hudson River corridor. These latest approvals come on the heels of approvals we received in Hudson County earlier this year," said RCN's President and Chief Operating Officer Michael Adams. "The New York/New Jersey market is not only one of the most heavily populated areas in the country with 12.5 million residents and over 4.7 million homes, it also has the highest telecom usage in the country. That makes it an extremely attractive market for RCN and a perfect fit with our density-driven market plan" The Borough of Cliffside Park in Hudson County has 9,800 homes with 393 homes per mile. It sits between Fairview and Ft. Lee. The Town of Guttenberg, in Bergen County, has 4,500 homes with a density of 751 homes per mile, whereas the national average is just 30 homes per mile of plant. About The RCN Network RCN's Megaband(TM) Network is a unique broadband fiber-optic platform capable of offering a full suite of communications services -- including fully featured voice, video and high-speed Internet -- to residential customers. The network employs SONET ring backbone architecture, and localized nodes built to ensure RCN's state-of-the-art fiber optics travel to within 900 feet of RCN customers, with fewer electronics and lower maintenance costs than existing local networks. RCN's high-capacity local fiber-optic networks target densely populated areas comprising 44% of the U.S. residential communications market spread over just 6% of its geography. About The RCN Network RCN's Megaband(TM) Network is a unique broadband fiber-optic platform capable of offering a full suite of communications services -- including fully featured voice, video and high-speed Internet -- to residential customers. The network employs SONET ring backbone architecture, and localized nodes built to ensure RCN's state-of-the-art fiber optics travel to within 900 feet of RCN customers, with fewer electronics and lower maintenance costs than existing local networks. RCN's high-capacity local fiber-optic networks target densely populated areas comprising 44% of the US residential communications market spread over just 6% of its geography. About RCN Corporation RCN Corporation (NASDAQ:RCNC) is the nation's first and largest single-source facilities-based provider of bundled local and long distance phone, cable television and high-speed Internet services to the densest residential markets in the country. RCN is currently delivering broadband services over its Megaband(TM)Network or designing and building its network on the East and West coasts as well as Chicago. In addition, RCN is a leading Internet Service Provider in its markets. Additional information can be found at: rcn.com. Some of the statements made by RCN in this press release are forward-looking in nature. Actual results may differ materially from those projected in forward-looking statements as a result of a number of factors. RCN believes that the primary factors include, but are not limited to uncertainties relating to economic conditions, acquisitions and divestitures, government and regulatory policies, the pricing and availability of equipment, materials, inventory and programming, RCN's ability to develop and penetrate existing and new markets, technological developments and changes in the competitive environment in which RCN operates. Additional information concerning these and other important factors can be found in RCN's filings with the Securities and Exchange Commission. Statements in this release should be evaluated in light of these important factors. SOURCE RCN Corporation -0- 07/25/2000 /CONTACT: Nancy Bavec of RCN Investor Relations, 609-734-3772; John Henderson of Rubenstein Associates, Public Relations, 212-843-8054, for RCN/ /Company News On-Call: prnewswire.com or fax, 800-758-5804, ext. 125089/ /Web site: rcn.com