Harris Communications Press kit: Brochure Backgrounder Q & A Technology Glossary Press release |
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132 West 31st. Street 13 fl. New York">
Harris Communications Press kit: Brochure
Backgrounder Q & A Technology Glossary
Press release 132 West 31st. Street 13 fl. New York, NY 10001 FOR IMMEDIATE RELEASE CONTACT: Robert Jewels 212-324-5080
PR@Electricfiber.com CONSOLIDATED EDISON COMMUNICATIONS
ENTERS NEW YORK CITY New York, N.Y. – In a development that will
streamline the delivery of broadband services in New York City, Consolidated Edison
Communications, Inc. (CEC) announced today that it has been awarded a franchise to provide
fiber-optic transport services throughout the five boroughs. The newly franchised company, a wholly owned
subsidiary of Consolidated Edison, Inc., (NYSE-ED) is a "carrier’s
carrier." As such, it provides wholesale, carrier-grade fiber-optic transport
services for "the last mile," connecting telecommunications carriers and
Internet service providers for the distance between their own networks and individual
buildings. The franchise agreement was finalized on October 13th. "CEC has the expertise needed to deliver service
to millions of homes and offices at a time of exponential telecommunications growth,"
said Peter Rust, CEC President and Chief Executive Officer. "This franchise allows us
to play an important role in developing the city’s economic future." CEC plans to install more than 112,000 fiber-strand
miles (460 route miles) by the end of year 2005, and to interconnect more than 1,000
buildings in this time period. This will allow CEC’s network to be within one and
one-half blocks from any building in Manhattan. "Our proximity to buildings will
allow CEC to provide broadband services much more quickly than customers can get
today," said Rust. CEC’s new, state-of-the-art network will use
Dense Wave Division Multiplexing (DWDM) and Synchronous Optical Network (SONET)
technologies, providing services such as traditional Time Division Multiplexing (TDM),
Ethernet (Fast and Gigabit), Wavelengths, and Asynchronous Transfer Mode (ATM) services.
According to Felipe Alvarez, CEC’s Chief Operating Officer, "The network is
self-healing, and more efficient, reliable and flexible than many existing networks." -- more -- CON EDISON COMMUNICATIONS page 2 CEC’s hub, at 111 Eighth Avenue in New York
City’s "Silicon Alley," currently serves as the site from which customers
can easily connect with other network providers. Additional hubs are planned for lower
Manhattan and Brooklyn. CEC’s market includes local, national and global
telecommunications carriers; data and voice communications companies; Internet service
providers (ISPs); application service providers (ASPs); building owners; wireless
companies, and large-business customers. CEC is partnered with Neon Communications (NEON),
which provides long-haul fiber-optic transport services linking cities from Maine to
Washington, D.C. Consolidated Edison Communications, Inc. (CEC) is
a wholly owned, subsidiary of Consolidated Edison, Inc. CEC is a facilities-based
"carrier’s carrier," offering unprecedented speed, reliability and
flexibility to a wide variety of business customers, including datacom/telecom carriers,
Internet service providers, application service providers and building owners. Its 100
percent fiber-optic network extends nearly unlimited capacity to the customer’s
doorstep, often referred to as "the last mile." Consolidated Edison, Inc. is one of the
nation’s largest investor-owned energy companies, with more than $8 billion in annual
revenues and $16 billion in assets. The company provides a wide range of energy-related
products and services to its customers through two regulated utility subsidiaries and four
competitive energy and telecommunications businesses. For additional information about Consolidated Edison
Communications visit its website at www.electricfiber.com # # #
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