Managed services provider tw telecom inc. (NASDAQ: TWTC) says it is expanding its existing market reach in Louisville as well as Indiana, as part of the company’s expansion plans announced last fall (see “tw telecom announces expansion plans”).
The expansion adds new routes to extend the company's fiber-optic network footprint from the city's central business district and into the cities of Jeffersonville, Clarksville, and New Albany, IN.
The company will use this high-speed network expansion to offer its portfolio of data and Internet services to more enterprises, including its Business Ethernet and Intelligent Network capabilities.
"This is exciting news for our businesses in Clark and Floyd Counties," said Wendy Dant Chesser, president and CEO, One Southern Indiana, the chamber of commerce and economic development organization serving Clark and Floyd counties in Southern Indiana. "tw telecom's expanded investment will improve the climate and speed of overall telecommunications and networking infrastructure for our area."
"Customer demand – both new and existing – is fueling growth in the Louisville metro area, as well as into Southern Indiana," said Joe Paulin, vice president and general manager, tw telecom Louisville. "Not only will this expansion add additional market reach for our customers in Louisville and surrounding communities, but we are excited to expand our network across the Ohio River into the fast growing areas of Southern Indiana."
The Louisville expansion is part of a national effort by the company to expand its metro fiber footprint across the country. As part of this effort, tw telecom plans to enter into five new high-demand markets – Boston, Cleveland, Philadelphia, Richmond and Salt Lake City – and accelerate the density of its metro-fiber footprint in more than a third of its existing markets. The company also intends to expand its sales force, including sales and support employees as well as additional operations personnel to support this project.
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