Marks the 35th Data Center Connected to the Lumos Network and the First in the Norfolk/Hampton Roads Expansion Market
WAYNESBORO, Va.–(BUSINESS WIRE)–
Lumos Networks Corp. (“Lumos Networks” or the “Company”) (NASDAQ:LMOS, news, filings), a leading fiber-based infrastructure provider in the Mid-Atlantic region, announced today that it has extended fiber connectivity into the EdgeConneX Edge Data Center in Norfolk, Virginia. This marks the 35th data center, including 7 company owned co-location facilities, connected to the Lumos Networks 8,607 route mile fiber network and the first in the Company’s expansion market of Norfolk/Hampton Roads, Virginia.
The Company’s network expansion announced in November of 2014, which also includes the Richmond, Virginia metro markets, is estimated to increase the total Company’s Enterprise Addressable market by $135 million, an increase of 60% versus its core markets.
Lumos Networks has already secured one customer contract into the EdgeConneX facility and has begun to market its capabilities for secure advanced fiber connectivity to its approximately 1,200 Enterprise customers. The EdgeConneX facility, located at 3800 Village Avenue, Suite C, Norfolk, Virginia, 23502, is a tier 3, high availability data center with 100,100 square feet total with expansion capability to 10MW’s.
“Lumos’ connectivity complements our mission to place Edge Data Center infrastructure as close to end users as possible in order to maximize performance,” said Clint Heiden, Chief Commercial Officer, at EdgeConneX. “Our content and cloud provider customers can combine EdgeConneX premium facilities with Lumos premium network service for a high-speed data delivery infrastructure that’s right in the backyard of Norfolk-area Internet users. With their strong footprint in Norfolk, throughout Virginia, and across the mid-Atlantic region, Lumos is an ideal connectivity partner for us.”
This data center connection leverages Lumos Networks’ 822 fiber route mile expansion in the State of Virginia, including 270 route miles of dense fiber (average metro core strand count of 144) in the Hampton Roads/Norfolk markets. Hampton Roads, which is the 37th largest Metropolitan Service Area (“MSA”), encompasses the cities of Hampton, Chesapeake, Portsmouth, Suffolk, Newport News and Virginia Beach.
Lumos offers Ethernet and Wavelength services into the EdgeConneX facility. The Ethernet service is certified by the Metro Ethernet Forum and available at select speeds from 3Mbps to 10Gbps. TheWavelength service supports 1Gbps, 2.5Gbps, 10Gbps, and 100Gbps speeds.
“I am pleased to announce that the EdgeConneX Edge Data Center is the first data center connected to our fiber network in our Norfolk/Hampton Roads expansion market,” said Tim Biltz, CEO of Lumos Networks. “Our Enterprise customers continue to demand access to high quality data centers across our footprint and we look forward to expanding our relationship with EdgeConneX.”
About EdgeConneX:
EdgeConneX® is a global data center provider specializing in infrastructure solutions at the edge of the network. They provide space, power and connectivity for content, network, cloud, colocation, CDNs and service providers, as well as wireless carriers, telecommunications companies, and commercial property owners. EdgeConneX has created a new Edge for traditional networks, offering superior performance and economics. Their purpose-built Meet You Points® optimize delivery of data at network-critical locations closest to the end-user. For more information, please visit the EdgeConneX Internet of Everywhere® at edgeconnex.com.
About Lumos Networks
Lumos Networks is a leading fiber-based service provider in the Mid-Atlantic region serving Carrier, Enterprise and Data Center customers, offering end-to-end connectivity in 24 markets in Virginia, Pennsylvania, West Virginia, Maryland, Ohio and Kentucky. As of the end of 2015, the Company had a fiber network of 8,607 fiber route miles and more than 384,000 total fiber strand miles, Lumos Networks connects 1,099 unique Fiber to the Cell sites, 1,440 total FTTC connections, 35 data centers, including 7 company owned co-location facilities, 1,732 on-net buildings and over 2,800 total on-net locations. In 2015, Lumos Networks generated over $114 million in Data revenue and over $51 million in Adjusted EBITDA over our fiber network. Detailed information about Lumos Networks is available at www.lumosnetworks.com.
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Any statements contained in this presentation that are not statements of historical fact, including statements about our beliefs and expectations, are forward-looking statements and should be evaluated as such. The words “anticipates,” “believes,” “expects,” “intends,” “plans,” “estimates,” “targets,” “projects,” “should,” “may,” “will” and similar words and expressions are intended to identify forward-looking statements. Such forward-looking statements reflect, among other things, our current expectations, plans and strategies, and anticipated financial results, all of which are subject to known and unknown risks, uncertainties and factors that may cause our actual results to differ materially from those expressed or implied by these forward-looking statements. Many of these risks are beyond our ability to control or predict. Because of these risks, uncertainties and assumptions, you should not place undue reliance on these forward-looking statements. Furthermore, forward-looking statements speak only as of the date they are made. We do not undertake any obligation to update or review any forward-looking information, whether as a result of new information, future events or otherwise. Important factors with respect to any such forward-looking statements, including certain risks and uncertainties that could cause actual results to differ from those contained in the forward-looking statements, include, but are not limited to: rapid development and intense competition in the telecommunications and high speed data transport industry; our ability to grow our data business on an organic or inorganic basis in order to offset expected revenue declines in legacy voice and access products; our ability to divest our legacy business on a timely basis; our ability to effectively allocate capital and implement our network expansion plans in a timely manner; our ability to complete customer installations in a timely manner; adverse economic conditions; operating and financial restrictions imposed by our senior credit facility and our unsecured debt obligations; our cash and capital requirements; our ability to maintain and enhance our network; the potential to experience a high rate of customer turnover; federal and state regulatory fees, requirements and developments; our reliance on certain suppliers and vendors; and other unforeseen difficulties that may occur. These risks and uncertainties are not intended to represent a complete list of all risks and uncertainties inherent in our business, and should be read in conjunction with the more detailed cautionary statements and risk factors included in our SEC filings, including our Annual Report filed on Form 10-K.
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917-519-6994
davisw@lumosnet.com
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