Metromedia Fiber Network Inc. will lease dark fiber in major US metro markets to Telseon. Telseon is a provider of high-speed, highly secure metro area IP services. The agreement, valued at more than $32 million, will enable Telseon to provide fast, IP for service providers and their enterprise customers in New York, New Jersey, Chicago, Washington DC, Seattle, San Francisco and San Jose, California.

Using MFN’s infrastructure, Telseon will leverage gigabit ethernet technology to deliver services that will relieve congestion within metro area networks. This deal is part of Telseon’s drive to expand its managed gigabit services to 20 national metro markets by the end of the year and MFN’s commitment to offer Internet infrastructure providers a carrier-neutral optical Internet backbone. <p”Our agreement with MFN will expand our fiber footprint significantly within key metropolitan areas throughout the United States,” says Telseon CEO John Kane. “We’ll now have the ability to continue to get our customers up and running.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.