WAYNESBORO, Va.--(BUSINESS WIRE)--Lumos Networks Corp. (“Lumos Networks” or the “Company”) (NASDAQ:LMOS), a fiber-based service provider of data, voice and IP-based telecommunication services in the Mid-Atlantic region, is now connected to 28 data centers within its footprint. This increase reflects the combination of the continued expansion of its fiber network along with including commercial and private data centers as well as company owned facilities offering commercial data center services. Previously, the company had only included connections to commercial third-party data centers.
“I am pleased to announce a significant expansion in the number of data centers connected to our fiber network,” said Timothy G. Biltz, CEO and President of Lumos Networks. “We believe that we are in the very early stages of bandwidth migration to data centers and expect to see our list of connections continue to increase substantially over time. We have several data center connections in our installation backlog that we expect to be completed during the fourth quarter.”
“Lumos Networks has data center relationships with many of the marquee names in the industry, including QTS, Alpha Technologies, Iron Mountain, DC Corp and Peak 10,” noted Joseph E. McCourt, Chief Revenue Officer of Lumos Networks. “Our Enterprise and Carrier customers are increasingly requesting fast and secure access to data centers as key destinations. We view data centers as a type of multi-tenant building in our footprint and the strategic expansion to more data centers remains a key element of our sales strategy.”
About Lumos Networks
Lumos Networks is a fiber-based 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 7,645 fiber route miles, Lumos Networks connects to 708 Fiber to the Cell sites, 28 data centers and 1,456 on-net buildings. In 2013, Lumos Networks generated over $104 million in Data Revenue over its 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 news release 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. Additionally, goals referred to in this news release are long-term in nature and are subject to various risks and uncertainties. The inclusion of a goal in this release is not a representation by any person that the results will be achieved.