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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?

To: Stock Watcher who wrote (9750)	5/27/1999 10:33:00 PM
From: flickerful	Respond to of 52051

Metromedia Fiber Network Forms Alliance With BCT.Telus 05/27/1999 ------------------------------------------------------------------------ Expanding on its existing networks, Metromedia Fiber Network Inc. (New York) has signed letters of intent for several major agreements with BCT.Telus (Toronto), providing the company, through a Canadian subsidiary, with access to Canada's telecommunications marketplace. The first agreement will enable Metromedia Fiber Network to extend its North American reach into Toronto. Under the additional agreements, Metromedia Fiber Network will lease dark fiber to BCT.Telus on a transcontinental route it has received under a previously announced swap agreement. BCT.Telus will agree to light and operate fiber and provide Metromedia Fiber Network with the capability to extend seamless connectivity between customer locations in the United States and Canada. The transactions are contingent upon completion and execution of definitive agreements. Metromedia Fiber Network will obtain a high-density fiber optic network in Toronto, which, when complete, will extend throughout the greater Toronto metropolitan area, covering more than 118 route km. Edited by Kristin Keiser ---------------------------------------------------------------------------------------------------- sw. check out this new site. fiberopticsonline.com