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, March 7, 2017
Lumos Networks Announces Continued Sales Pipeline Expansion Tied to Virginia Beach Undersea Cable Landing Site

Carriers Requesting Fiber Routes Diverse to Crowded I-95 Corridor into Ashburn, Va. Data Centers

WAYNESBORO, Va.--(BUSINESS WIRE)-- Lumos Networks Corp. (“Lumos Networks”) (NASDAQ: LMOS), a leading fiber-based service provider in the mid-Atlantic region, announced continued expansion of the Company’s sales pipeline from prospective carrier customers seeking diverse fiber routes from the Va. Beach undersea cable landing site into both Richmond, Va. as well as Ashburn, Va., the Data Center Capital of the World. Carriers have requested proposals for both lit and dark services to satisfy their need for secure, high bandwidth solutions.

Timothy G. Biltz, President and CEO of Lumos Networks said, “Given the depth, scale and density of our fiber footprint in the key Eastern and Northern markets of Virginia, we are well positioned for a surge in bandwidth demand beginning in the second half of 2017 as carriers seek access from the landing site to Ashburn and other key East Coast data center destinations. It is estimated that approximately 70% of global Internet traffic passes through Ashburn."

Mr. Biltz noted, “Currently, the fiber routes along highway I-95 can become extremely congested due to the multitude of fiber providers and the continual increase in bandwidth traffic. These routes are vulnerable to disruption of services due to the lack of diverse north/south routes. Therefore, we expect strong demand for one of our planned routes, which would provide a geographically diverse alternative to the crowded route along the I-95 corridor in order to guarantee mission critical demand traffic to Ashburn, Va.”

Mr. Biltz continued, “Over the next several years there are a number of different undersea cables scheduled to reach the Virginia Beach landing site, which is less than half a mile from our dense fiber footprint. Of these scheduled cables, we estimate that the two Telefonica cables, the MAREA Cable (also funded by Microsoft and Facebook) and the BRUSA Cable, could begin carrying traffic in the third quarter of 2017 and the second quarter of 2018, respectively. We believe their landing will set precedence and act as a catalyst for bandwidth demand coming into the landing site.”

Representatives from Lumos Networks’ Carrier End User team are arranging meetings at the upcoming ITW show in Chicago from May 14-17. To request a meeting to discuss Lumos’ Virginia Beach undersea cable solutions or connectivity across our 9,200+ fiber route mile Mid Atlantic footprint, please contact Roger Adamiak, Director of Strategic Carrier Sales, (412) 915-0820 or ADAMIAKR@LUMOSNET.COM.

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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