MIAMI, Jan. 29 /PRNewswire-FirstCall/ -- FPL FiberNet announced today it
signed an agreement with New World Network to provide international
connectivity to New World Network's Americas Region Caribbean Optical-ring
System (ARCOS). The company will provide New World Network with access to its
extensive metropolitan area network in Florida, and New World Network will
supply FPL FiberNet with international fiber-optic connectivity to growing
markets in the Caribbean and Latin America via ARCOS.
(Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20010621/FPLLOGO )
The connection to ARCOS will take place at the international cable landing
station on the South Florida coast near Miami. It provides connectivity from
FPL FiberNet's network to the NAP of the Americas and BellSouth MIX as well as
to more than 150 other facilities such as carrier hotels and central offices
housing telecommunications equipment in Florida.
"This agreement is significant because it provides reach into areas that
have high growth potential, but have been underserved," said Neil Flynn,
president of FPL FiberNet. "FPL FiberNet is pleased to be part of a project
that will provide connectivity solutions between major countries in the
Americas and to virtually every important interconnection point in Florida
including the NAP of the Americas and BellSouth MIX," Flynn said.
"This agreement allows New World Network to provide increased diversity
and choice to our customers by using multiple local providers to interconnect
to our fully-redundant and technologically advanced fiber-optic cable
network," said Matt Milstead, COO of New World Network. "Through FPL
FiberNet's metro-area network, one of the largest in the U.S., our customers
will have greater access to major carriers' networks nationwide."
About FPL FiberNet
FPL FiberNet, LLC, which operates one of the largest metropolitan-area
fiber-optic networks in the United States, provides connectivity to major
telecom centers in Florida, including leading carrier hotels, network access
point (NAP) initiatives, international cable-heads and large central offices.
Through multiple interconnection and partnership agreements, the network spans
8,600 miles throughout the southeast. The company has completed fiber-optic
networks in Miami, Fort Lauderdale, West Palm Beach, Boca Raton, Jacksonville,
Orlando, St. Petersburg and Tampa as part of an aggressive schedule to bring
metro networks to major cities throughout the state. FPL FiberNet, LLC, is
the telecommunications subsidiary of FPL Group, Inc. (NYSE: FPL).
FPL Group, with annual revenues of more than $8 billion, is one of the
nation's largest providers of electricity-related services. Its principal
subsidiary, Florida Power & Light Company, serves 3.9 million customer
accounts in Florida. FPL Energy, LLC, FPL Group's independent power
production subsidiary, is a leader in generating electricity from clean and
renewable fuels. More information is available at http://www.fplgroup.com.
About New World Network
New World Network is a carrier's carrier that provides advanced, high-
speed bandwidth capacity to telecommunications companies and Internet Service
Providers. The company's Americas Region Caribbean Optical-ring System (ARCOS)
is the leading undersea broadband fiber-optic cable network connecting the
U.S., Mexico, Central America, South America and the Caribbean. The unique
hybrid ownership structure of ARCOS is co-owned by 28 carriers throughout the
region and led by New World Network, the majority owner with approximately
86.5 percent ownership.
The company's financing is provided by Barclays Capital, Inc. and Bank of
Montreal. The company's equity investors are Global Light Telecommunications
(Amex: GBT) (49 percent), Siemens Project Ventures (19.6 percent), Barclays
Investment Growth, Ltd. (3.9 percent) and the founding sponsors (27.5
percent). Visit http://www.nwncable.com for more information.
SOURCE Florida Power & Light Company
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Related links:
http://www.nwncable.com
http://www.fpl.com
Photo Notes:http://www.newscom.com/cgi-bin/prnh/20010621/FPLLOGO
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, 888-776-6555 or 212-782-2840
Company News On-Call:
http://www.prnewswire.com/gh/cnoc/comp/319763.html
CONTACT:
FPL FiberNet, Corporate Communications,
+1-305-552-3888
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