Tim, Is MetroMedia a HLIT customer? So many companies to remember.
I find it hard to distinguish all the networks and products. Supercom had tons of optic related announcements, but of course not all networks are the same. I saw Alcatel announce more products in a day that HLIT announces in a year. Sure looks like they will be a competitor.
Anyway, my questiion to you was did you see any competitive threat emerge from Supercom?
Regards, Mark
biz.yahoo.com
Thursday June 10, 7:01 am Eastern Time
Company Press Release
Metromedia Fiber Network Announces Major Network Expansion in Germany
Company to Build Local "Meshed" Networks in Stuttgart and Cologne, Begins Engineering and Construction on Frankfurt Infrastructure and German National Ring
NEW YORK--(BUSINESS WIRE)--June 10, 1999-- Metromedia Fiber Network, Inc. (NASDAQ:MFNX - news), a provider of dedicated fiber optic networks within major metropolitan areas, announced today that its German subsidiary, Metromedia Fiber Network GmbH, has received licensing from the German regulatory authorities to construct local fiber optic networks in the metropolitan areas of Stuttgart and Cologne. These networks will enable the company to provide high-bandwidth communications connectivity throughout the region.
Additionally, the company said that construction and engineering has begun on the previously announced German national ring connecting thirteen major metropolitan areas and the Frankfurt intracity network. Together with Frankfurt, the expansion to Stuttgart and Cologne further extends Metromedia Fiber Network's German infrastructure, cementing its presence within the German telecommunications marketplace.
Utilizing a ''meshed'' network architecture to penetrate major metropolitan areas, Metromedia Fiber Network places massive amounts of fiber throughout business and financial centers and directly into buildings. These ''meshed'' networks are made up of multiple overlapping and interconnected rings, providing full redundancy and establishing the ideal network infrastructure for the optical switching platforms of the next century. These networks enable the most advanced communications technologies including Dense Wave Division Multiplexing (DWDM), Asynchronous Transfer Mode (ATM), Synchronous Digital Hierarchy (SDH), gigabit Ethernet, ESCON and Voice over Internet Protocol (VoIP) to be deployed.
''Today, western Germany has more than 40 million telephones in use and boasts one of the most modern telecommunications networks in Europe for intercity communications. This is resulting in strong demand for an equally advanced local intracity infrastructure to deliver bandwidth-intensive, content-rich applications quickly and cost-effectively,'' said Howard Finkelstein, president of Metromedia Fiber Network. ''Metromedia Fiber Network is addressing this demand, eliminating the bandwidth scarcity problem within the local telecommunications market by delivering high-capacity and completely private networks, with building-to-building connections for our customers.''
Added Vincent Galluccio, senior vice president and managing director of Metromedia Fiber Network International, ''Our meshed network strategy is what differentiates Metromedia Fiber Network from other network providers in Europe. By constructing dense fiber optic networks that not only ring the circumference of major European cities, but provide diversely routed, high-bandwidth connectivity into buildings within the downtown areas, our customers are able to deploy sophisticated data, video, Internet and multimedia applications -- freeing them of the constraints of Europe's legacy copper infrastructure.''
When complete, the Stuttgart network will encompass up to 32,400 fiber kilometers covering in excess of 75 route kilometers. In Cologne, the completed network will cover up to 34,560 fiber kilometers along 80 route kilometers. The company is deploying supertrunks of up to 432 individual strands of high-capacity fiber in each of its local German networks.
About Metromedia Fiber Network
Metromedia Fiber Network is building metropolitan fiber optic infrastructure in the local loop in strategic Tier One markets, enabling technologically sophisticated organizations to implement the latest data, video, Internet and multimedia applications. By offering virtually unlimited, unmetered bandwidth at a fixed cost, Metromedia Fiber Network is eliminating the bandwidth barrier and redefining the way broadband capacity is sold.
Utilizing Metromedia Fiber Network's infrastructure, customers are able to rapidly deploy state-of-the-art optical networks. Communications carriers and Internet Service Providers gain local loop connectivity to the most highly populated metropolitan areas. Corporate and government customers benefit from private building-to-building networks featuring the fastest transmission speeds available and the highest levels of reliability and security. For more information about Metromedia Fiber Network, please visit the company's Web site at www.mmfn.com.
This news release contains forward-looking statements that involve risks and uncertainties. Factors that could cause or contribute to such risks and uncertainties include, but are not limited to, general economic and business conditions, competition, changes in technology and methods of marketing, and various other factors beyond the Company's control. This also includes such factors as described from time to time in the SEC reports filed by Metromedia Fiber Network, including the most recently filed Forms 10-K. and 10Q.
--------------------------------------------------------------------------------
Contact:
Media Relations:
Gibbs & Soell, Inc.
Kristina Grammatico, 212/697-2600
E-mail: kgrammatico@gibbs-soell.com
or
Investor Relations:
Metromedia Fiber Network
Ellen Strahs Fader, 212/606-4389
E-mail: efader@metromediacompany.com
--------------------------------------------------------------------------------
More Quotes and News: Metromedia Fiber Network Inc (Nasdaq:MFNX - news)
Related News Categories: computers, internet, telecom |
