Metromedia Fiber Network, Inc. (MFN) (Nasdaq: MFNX), a provider of deployment of optical IP Internet infrastructure within key metropolitan areas domestically and internationally, and Deutsche Telekom AG (NYSE: DT), a European communications company, have signed an agreement by which MFN will provide Deutsche Telekom with optical infrastructure, as well as operations, administration and maintenance services.
The 20-year lease agreement will enable a further expansion of Deutsche Telekom's worldwide network platform that connects major cities in Europe, North America and Asia. MFN will connect Deutsche Telekom's backbone from New York to Washington, D.C., and throughout the northern Virginia and New York City metro areas. The network will provide customers with virtually unlimited transmission bandwidth that will deliver optimum range and high-level security, and tailored solutions for multinational customers.
Deutsche Telekom will connect to MFN's cable landing stations in Manasquan and Tuckerton, N.J., and access MFN's metro-area backbones in New York City, Philadelphia and Vienna, Va.. As a result, MFN's end-to-end optical network will allow Deutsche Telekom customers to utilize advanced technologies, such as SONET/SDH and DWDM, while providing them access to a robust Internet infrastructure that is capable of supporting bandwidth-intensive applications such as remote data warehousing, data mirroring, disaster recovery, multimedia, video, audio and other Internet technologies.
About Deutsche Telekom:
Deutsche Telekom is a European communications company and a communications carriers. The company is active in four key growth segments of the global telecommunications market: mobile communications, network access services, consumer Internet services and integrated IT and telecommunications solutions. For more information, visit www.telekom.de/international.
About Metromedia Fiber Network, Inc.:
Metromedia Fiber Network, Inc. deploys optical IP Internet infrastructure within key metropolitan areas domestically and internationally. MFN's optical network enables its customers to implement data, video, Internet and multimedia applications. For more information, visit www.mmfn.com.