PRESS RELEASE


 

Media Contact
Will Davis
Senior Vice President of Marketing and Investor Relations
Chief of Staff
(917) 519-6994
davisw@lumosnet.com

 

For immediate release

Tuesday, November 1, 2011
Lumos Networks Marks First Day of Trading on NASDAQ

WAYNESBORO, VA – Lumos Networks Corp., a fiber-based service provider of voice, data and IP-based telecommunications services in the Mid-Atlantic region, began trading on the NASDAQ under the ticker symbol LMOS today.

"This is a truly exciting milestone for Lumos Networks. Opportunities in newly acquired markets, recent expansion of our fiber network and continued growth in demand for high speed data services position us well for the future," said Michael B. Moneymaker, President of Lumos Networks. "We are pleased to be listed on the NASDAQ, one of the world's premier stock exchanges, and proud to see our company take this very important step forward."

The word "Lumos" is derived from a Latin word for light or illumination and is consistent with the company's focus to provide leading-edge data communication products over its advanced fiber-optic network. Lumos Networks has a hundred-year history of innovative product offerings and exceptional customer service. The Company's diversified product offerings, including high-speed transport, wavelengths and Metro Ethernet, are attractive to wireless service providers with needs for transport and fiber to the cell site and to regional enterprise customers seeking high-quality data and IP services and interconnection to data centers in the Mid-Atlantic region.

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 26 markets in Virginia, West Virginia, North Carolina, Pennsylvania, Maryland, Ohio and Kentucky. With a fiber network of 11,028 fiber route miles and 517,244 total fiber strand miles, Lumos Networks connects 1,310 unique Fiber to the Cell sites, 1,684 total FTTC connections, 2,230 on-net buildings and approximately 3,500 total on-net locations. The Company also connects 44 total data centers, including three data centers acquired from DC74 (now named Lumos Data Centers), two acquired from Clarity Communications and seven company owned co-location facilities. In 2016, Lumos Networks generated over $123 million in Data revenue over our fiber network. Detailed information about Lumos Networks is available at www.lumosnetworks.com.

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