Metro Catchup 9/9: TW Telecom, AboveNet, NTELOS, MegaPath

September 9th, 2011 by · Leave a Comment

TGIF again.  Before you go, let's catch up quickly on what slipped through the cracks (at least for me):

SureHosting selected TW Telecom (NASDAQ:TWTC, news, filings) for Ethernet connectivity and to hook up its HQ in Kansas City with its datacenter in San Jose. It's been a pretty quiet summer for tw telecom in the press, but they've been really pushing their lit building count higher this year - clearly stating a preference for build over buy at current asset prices.

abvt invested further in its London infrastructure, bringing online what is billed as the fastest route between the City of London and its western suburb Slough at 220 microseconds one way. Slough has become very popular in the finance vertical, and multiple metro operators have been jockeying for the low latency pole position to serve datacenters there.

nTelos (NASDAQ:NTLS, news, filings) took another step toward splitting itself up by arranging funding for its wireline spinoff, Lumos Networks. They entered into a $370M credit facility, consisting of a $60M revolver of which $30M will be drawn initially, a five year $110M senior secured loan, and a six year $200M senior secured loan. When the split finally happens, Lumos will trade under the symbol LMOS - and I figure we're getting close.

And MegaPath has partnered with ADTRAN to power its expansion of its Ethernet-over-copper footprint. They have 200+ central offices in service, with 400 expected by the end of the year and 680 by June of 2012. The ADTRAN gear will give them the technology necessary to deliver 100Mbps, as well as branch out with optimized EFM and VDSL2 bonding solutions.

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Categories: CLEC · Metro fiber

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