Metromedia Fiber Network Inc. (New York City) signed three separate agreements to provide dark

Sept. 1, 1998

Metromedia Fiber Network Inc. (New York City) signed three separate agreements to provide dark fiber-optic telecommunications networks in the New York metropolitan area. Allegiance Telecom Inc. (Dallas, TX) signed a 10-year lease for access to multiple singlemode fiber strands along Metromedia?s New York City network. Other contracts included providing a major carrier with multiple fibers covering four different routes in the metropolitan area, and providing building-to-building connectivity from New York City to suburban New Jersey for a major financial institution. All three contracts have a combined value of $11.7 million. Metromedia also signed a 15-year agreement to lease additional fiber-optic infrastructure to Intermedia Communications Inc. (Tampa, FL) for $10.8 million. Winstar Communications Inc. (New York City) also signed a 25-year agreement for fiber-optic infrastructure on Metromedia?s New York network for more than $40 million.

Sign up for Lightwave Newsletters
Get the latest news and updates.