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Technology Stocks : Nortel Networks (NT) -- Ignore unavailable to you. Want to Upgrade?

To: Bill who wrote (6803)	9/13/2000 10:37:59 AM
From: Kenneth E. Phillipps	Read Replies (2) \| Respond to of 14638

Significant Optical News and Significant News for NT who will get contracts to light MFN fiber. Telco Deals for Multimedia Fiber NEW YORK -- Metromedia Fiber Network, Inc. (MFN) (NASDAQ: MFNX), the leader in the deployment of optical IP Internet infrastructure within key metropolitan areas internationally, has reached separate, multi-state agreements with the industry's top Incumbent Local Exchange Carriers (ILECs) to provide dark fiber directly into each of the carriers' central offices. The ILECs covered by these agreements include BellSouth, SBC Communications and GTE (now part of Verizon). In June of 1999, Metromedia Fiber Network announced a similar industry-first agreement with Bell Atlantic (now Verizon), allowing MFN to offer dark fiber connectivity directly into Verizon's central offices throughout the Northeast. "These agreements are significant because they establish MFN as the first competitive optical provider to successfully interconnect and distribute dark fiber across ILEC and GTE central offices around the nation," said Nick Tanzi, president and chief operating officer of Metromedia Fiber Network. "A little more than a year ago, we couldn't enter a central office in the country with our dark fiber. Today, we have shifted the industry paradigm and successfully extended our infrastructure to the core of the public communications network -- the local telephone company central office." lightreading.com