First Phase One Construction Underway of the 11,548 Route-Mile, Five-Phase Plan Ringing the United States
NEW YORK, NY - November 23, 2010- Allied Fiber announces today that the Company has entered into financing arrangements with financial partners, including affiliates of Falcon Investment Advisors, LLC and ABRY Partners, LLC, to complete funding for phase one of its new, network-neutral, high-count dark fiber, colocation and wireless tower integrated system. Construction of the first phase linking New York City, Chicago and Ashburn, VA is already underway and is expected to be complete by May 2011.
Allied Fiber is addressing the needs for increasing national broadband demand by providing much needed access to new dark fiber, colocation facilities and fiber-fed wireless towers on a network-neutral, open-access basis throughout the United States. The user community for these physical-layer services ranges from and includes submarine cable systems, large international and domestic wireline and wireless carriers and network operators to small rural carriers, cooperatives, cable television companies and data center operators.
"We created this system to address the numerous backhaul and capacity issues that exist in the industry today,” states Hunter Newby, CEO of Allied Fiber. "We appreciate all of the insight and support we have received from the industry and look forward to delivering our network-neutral, dark fiber, colocation and wireless tower access services to all that need it.”
"We have assembled a highly talented team of seasoned professionals to create an extraordinary plan to update the fiber optic infrastructure in America," states Rory Cutaia, Executive Chairman of Allied Fiber. “The plan has received an overwhelmingly positive response from the industry. With determination and persistence, our team is executing the plan."
“In what has been a very challenging financing market, we have been able to prove the merits of the Allied Fiber system,” continues Mr. Newby. “In response to the proven demand from our customers and the industry, we will be able to complete the phase one build and deliver the physical, long-haul and short-haul dark fiber, colocation and interconnection capabilities that are so critical for the next generation of network requirements in our country.”
Allied Fiber has implemented a new, multi-duct design for intermediate access to the long-haul fiber duct through a parallel short-haul fiber duct all along the route. This enables all points between the major cities, including data centers, wireless towers and rural networks, to gain access to the dark fiber. In addition, the Allied Fiber neutral colocation facilities, located approximately every 60 miles along the route, accommodate and encourage a multi-tenant interconnection environment integrated with fiber that does not yet exist in the United States on this scale.
Based upon the evident customer demand, the first phase of the system will now provide a combined 744 dark fibers, nineteen 1000+ sq ft colocation facilities. These facilities will provide access for numerous data centers and hundreds of tower sites, all integrated into one system from one provider, creating a new standard for physical layer interconnection. With planned, direct connections to the submarine cable systems linking the Atlantic, Caribbean, Latin American and Pacific cables, Allied Fiber will also provide express routing of traffic through the United States on the latest and most advanced fiber types available. Building new, shortest path, physical duct and fiber routes combined with modern fiber will allow lower latencies as well as higher capacities to be achieved between these points.
“All our duct and colocation construction projects are progressing quickly and we will be ready to start the fiber manufacturing and jetting process within several weeks. We are also working with our customers to finalize their fiber requirements, enabling them to take advantage of pre-construction pricing now available” continues Jason Cohen, Allied Fiber President & COO.
The new 528-count, long-haul cable coupled with the 216-count, short-haul cable will be a composite of Single-Mode (SMF) and Non-Zero Dispersion Shifted (NZDSF) fibers. By having a high-fiber count and being network-neutral, Allied Fiber is able to offer dark fiber and colocation at lower unit costs.
The Company is currently accepting customer agreements for fiber and colocation throughout the network, and will continue to offer pre-construction pricing until the fiber jetting process begins.
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About Allied Fiber
Allied Fiber was created to address America's need to eliminate obstacles for broadband access, wireless backhaul and lower latency through new, next generation long-haul dark fiber and an open access philosophy. The Allied Fiber team is comprised of experts in the fields of communications, network construction and finance. They are dedicated to building and providing access to an abundant supply of dark fiber in areas where it is most needed. The first phase of new duct and fiber construction will be between New York, NY, Ashburn, VA and Chicago, IL. For more information, please visit www.alliedfiber.com.
Media Contact for Allied Fiber:
Jaymie Scotto & Associates, LLC