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Lumos Lights up Peak 10 Data Center in Richmond
|By Business Wire
|July 8, 2014 06:02 AM EDT
Lumos Networks Corp. (“Lumos Networks” or the “Company”) (Nasdaq: LMOS),
a leading fiber-based service provider of data, voice and IP-based
telecommunication services in the Mid-Atlantic region, announced that it
has connected Peak 10’s data center in Richmond with fiber. This marks
the fourteenth commercial data center connected to the Lumos fiber
Rob Fichter, Vice President and General Manager of Peak 10 said, “We are
excited to add Lumos Networks as a provider of safe, secure and reliable
fiber into our Richmond data center. We look forward to working with
them to expand our customers’ bandwidth options.”
“I am very pleased to announce that we have completed fiber connectivity
into Peak 10 in Richmond,” said Timothy G. Biltz, CEO and President of
Lumos Networks. “Peak 10 is a leading provider of hybrid IT
infrastructure, cloud solutions and managed services and we are honored
to name them as a data center partner for Lumos Networks.”
Joseph E. McCourt, Chief Revenue Officer for Lumos Networks added,
“Richmond is a key 'edge-out' market for Lumos and we expect that data
center connectivity will be a driver of growth for us in this market. We
already have two signed customer contracts for connectivity into the
Peak 10 data center and we expect to sign others in the coming months.
Lumos will offer our Enterprise customers up to 10Gbps of Ethernet
connectivity and other high-speed bandwidth options.”
About Peak 10
Peak 10 provides reliable, tailored cloud computing, data center and
other information technology (IT) infrastructure solutions and managed
services, primarily for mid-market businesses. Peak 10 solutions are
designed to scale and adapt to customers’ changing business needs,
enabling them to increase agility, lower costs, improve performance and
focus internal IT resources on their core competencies. Peak 10 holds
the Cisco® Cloud Provider Certification with a Cisco Powered Cloud
Infrastructure as a Service (IaaS) and Disaster Recovery-as-a-Service
(DRaaS) designation. Peak 10 undergoes annual examinations by third
party auditors and helps companies meet the requirements of various
regulatory and industry standards such as SOC 1, SOC 2, SOC 3, Safe
Harbor, HIPAA, PCI DSS, FISMA and ITAR. For more information, visit www.peak10.com.
About Lumos Networks
Lumos Networks is a fiber-based service provider in the Mid-Atlantic
region serving Carrier and Enterprise customers, offering end to end
connectivity in 23 markets in Virginia, Pennsylvania, West Virginia,
Maryland, Ohio and Kentucky. With a fiber network of 7,467 fiber route
miles, Lumos Networks connects 633 Fiber to the Cell sites, 13 data
centers and approximately 1,400 on-net buildings. In 2013, Lumos
Networks generated over $104 million in data revenue 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 offset expected revenue
declines in legacy voice and access products related to the recent
regulatory actions, wireless substitution, technology changes and other
factors; our ability to effectively allocate capital and implement our
“edge-out” 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; our cash and capital requirements; declining prices for our
services; 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
for the year ended December 31, 2013.
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