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

Thursday, February 9, 2017
Enterprise Market Growth in Richmond and Norfolk Markets Provides Increased Opportunities for Traffic into Key Data Centers

WAYNESBORO, Va.--(BUSINESS WIRE)-- Lumos Networks Corp. (“Lumos Networks” or the “Company”) (Nasdaq: LMOS), a leading fiber-based service provider in the Mid-Atlantic region, anticipates that its growing list of Enterprise customers in the Richmond and Norfolk/Hampton Roads markets will continue to seek advanced, secure fiber connectivity to data centers in the region, including Peak 10 in Richmond.

“Our combined 822 mile fiber network expansion into the high growth markets of Richmond and Norfolk constitutes an estimated enterprise addressable market of $221 million and provides enterprises access to a true carrier-class footprint that was architected specifically for the strict requirements of service providers,” said Tim Biltz, CEO of Lumos. “This creates a real advantage for customers in their internal operations and external customer-facing activities.”

In addition to genuine carrier-class connectivity, the Lumos network provides customers with access to top-tier data centers in eastern VA like the PEAK 10 DATA CENTER IN RICHMOND. Peak 10’s site is engineered with multiple levels of security, uninterruptible power, HVAC systems, fire suppression and around-the-clock monitoring and management. This facility allows customers to access colocation space, cloud, and disaster recovery assets to ensure uptime to their business.

“Enterprises count on Peak 10 to enable their Hybrid IT solutions through a rich set of connectivity options. Our data center infrastructure and solutions must operate seamlessly with their environments, as if our locations and services are part of their IT organization,” said Mike Fuhrman, CTO for Peak 10. “In order to deliver this unified experience, Peak 10 data centers must connect to industrial-strength networks so customers can achieve the flexibility, speed and reliability they need for business success.”

“The use of hosting and cloud computing is a given now, so enterprises expect their network provider to connect to data centers that support these services as well as robust disaster recovery operations,” explained Biltz. “Having a first-class data center, like Peak 10’s Richmond facility, on our network clearly answers this need and underscores our recognition that data center connectivity is critical to enterprise success. Peak 10’s location is perfect for Lumos customers who need to reach a full-service, high-performance data center in the Richmond area.”

About Peak 10

Peak 10 provides reliable data center, connectivity and cloud services for broad IT infrastructure requirements. Its solutions are flexible and designed to scale and adapt to customers' changing business needs, enabling them to lower costs, improve performance and focus internal IT resources on their core competencies. Peak 10 serves customers with national and global IT requirements from 16 facilities, consisting of more than 860,000 square feet, serving more than 2,200 customers across 10 markets in the U.S. Peak 10 undergoes annual examinations by third party auditors and helps companies meet the compliance requirements of various regulatory and industry standards such as SOC 1, SOC 2, SOC 3, HIPAA, PCI DSS, FISMA, ISO 27001 and ITAR. For more information, visit WWW.PEAK10.COM or the PEAK 10 NEWSROOM for the latest news.

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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