Canada’s financial services hub to benefit from industry-leading financial services ring
HERNDON, VA, March 22, 2010 – RCN Metro Optical Networks, a division of RCN Corporation (NASDAQ:RCNI, news, filings) and a premier provider of fiber optic-based network solutions, today announced plans to extend its network from 111 8th Avenue, New York City, New York into Toronto, Canada. Beginning May 31, 2010, RCN Metro will offer the region low-latency Ethernet services including switched Ethernet, “Burstable” Ethernet and full-rate up to 1 Gigabit Ethernet.
“After New York and Chicago, Toronto represents the third largest financial services center in North America. This network expansion provides RCN Metro a tremendous opportunity to further expand the reach of our, ultra-low latency Xtreme network into the region’s leading financial services markets,” said Felipe Alvarez, President of RCN Metro. “The city of Toronto is home to many of the world’s top banks as well as Canada’s largest banks. These firms require first-class reliability, low-latency and high bandwidth capacity, and we look forward to bringing the RCN Metro experience to this region.”
In addition to its thriving financial services community, Toronto is the hub for Canada’s digital media industry and the country’s most extensive fiber optic network. RCN Metro commands deep industry expertise in supporting the media industry as well as several other vertical industries. With the introduction of RCN Metro into this market, Toronto businesses – regardless of industry – will have the opportunity to improve overall performance through sophisticated, high-capacity communications services, tailored to support their unique business needs.
More details about the New York City to Toronto route are available through, a RCN Metro sales representative at 888-955-6877 or sales@rcnmetro.com.
About RCN Metro Optical Networks
RCN Metro,http://www.rcnmetro.com, is a premier provider of high-capacity transport services for carriers as well as large and medium-sized businesses. RCN Metro offers a comprehensive suite of services including: Ethernet, SONET, Wavelength, Video Transport, Internet and more. With a network leveraging unique rights-of-way, spanning from Maine to Virginia, out to Chicago and up to Toronto, RCN Metro deploys custom solutions to service providers as well as companies in the finance, hospitality, media, government, health care and education industries. RCN Metro is a wholly owned division of RCN Corporation.
About RCN Corporation
RCN Corporation, (NASDAQ: RCNI) www.rcn.com, is a competitive broadband services provider delivering all-digital and high definition video, high-speed internet and premium voice services to residential and small-medium business customers under the brand names of RCN and RCN Business Services, respectively. In addition, through its RCN Metro Optical Networks business unit, RCN delivers fiber-based high-capacity data transport services to large commercial customers, primarily large enterprises and carriers, targeting the metropolitan central business districts in the company’s geographic markets. RCN’s primary service areas include Washington, D.C., Philadelphia, Lehigh Valley (PA), New York City, Boston and Chicago. (RCNI-G)
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