Lumos Networks Joins Equinix Cloud Exchange

Loading...
Loading...
WAYNESBORO, Va.--(BUSINESS WIRE)--

Lumos Networks Corp. ("Lumos Networks" or the "Company") LMOS, a leading fiber-based infrastructure provider in the mid-Atlantic region, announced it has joined the Equinix Cloud Exchange™, an interconnection solution that provides direct, private access to multiple cloud service providers. As a member, Lumos Networks provides Ethernet access to the exchange, where customers can connect with a wide array of cloud service providers. The Lumos Networks connectivity provides a high-speed, secure, carrier-class alternative to the public Internet to access the exchange.

"Businesses need robust, predictable connectivity to the Equinix Cloud Exchange so they can deploy cloud environments that deliver the benefits they expect," said Bill Long, Equinix vice president of interconnection solutions. "Enterprises cannot afford for their access to cloud resources to be put at risk by public Internet latency and congestion. High performance network access to the cloud is a must-have for cloud success."

"Equinix is a global leader in providing world-class data center, cloud and interconnect services and we are delighted to join the Equinix Cloud Exchange," said Tim Biltz, President and CEO of Lumos Networks. "By joining the Equinix Cloud Exchange, we're helping enterprises expedite and improve their cloud deployments by giving them industrial-strength access to an impressive range of cloud service providers. Customers can reach providers on the Equinix Cloud Exchange with the kind of throughput and latency they need to keep the response time, user experience, and security of cloud services that these mission critical applications demand."

Lumos provides Ethernet service (https://www.lumosnetworks.com/products/ethernetmpls) to the Equinix Cloud Exchange that is certified by the Metro Ethernet Forum (https://www.mef.net/certification/services-certification-registry) and offered at select speeds from 3Mbps to 10Gbps.

In addition to the Cloud Exchange, Lumos connects to two Equinix data center facilities in Ashburn, Virginia (21715 Filigree Ct and 44470 Chilum Place).

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. With a fiber network of 8,734 fiber route miles and more than 401,000 total fiber strand miles, Lumos Networks connects 1,252 unique Fiber to the Cell sites, 1,592 total FTTC connections, 36 data centers, including 7 company owned co-location facilities, 1,812 on-net buildings and over 3,000 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.

SPECIAL NOTE FROM THE COMPANY REGARDING FORWARD-LOOKING STATEMENTS

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.

Lumos Networks
Financial Community Contact
Will Davis
Senior Vice President of Marketing and Investor Relations
Chief of Staff
917-519-6994
davisw@lumosnet.com
or
Media Contact
James Nester
Vice President of Marketing and Public Affairs
304-414-4667
nesterj@lumosnet.com

Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: Press Releases
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...