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Lumos Networks Inks Fiber Connectivity Deal into DC Corp West Virginia Data Center

Companies mentioned in this article: Lumos Networks Corp.

WAYNESBORO, Va. -- (BUSINESS WIRE) -- Lumos Networks Corp. (“Lumos Networks” or the “Company”) (Nasdaq: LMOS), a leading fiber-based service provider of data, voice and IP-based telecommunication services in the Mid-Atlantic region, announced it has signed a contract to deliver fiber connectivity to DC Corp’s 180,000 square foot data center located in Martinsburg, West Virginia. Upon completion of the fiber connectivity to the DC Corp facility, Lumos Networks will have fiber connectivity to sixteen commercial data centers within its fiber footprint.

DC Corp is the first Custom Hybrid Data Facility in the world where the customer is in total control choosing the exact custom deployment to meet their IT needs. DC Corp is a state-of-the-art data center services company providing wholesale and retail data center co-location, disaster recovery services, secure hosting, and business continuity solutions. DC Corp offers fully-customizable data center space with a conference center and office space resources to meet all operational needs of both Federal and Commercial clients.

“DC Corp prides itself on giving clients their choice in every aspect of the data center infrastructure. We are excited to offer fiber connectivity delivered by Lumos Networks, expanding our wide range of network carriers so that each client can select the best network solution for their company,” said Charles E Asbury II, CEO and Founder of DC Corp.

“Our build to DC Corp represents another important milestone for Lumos Networks to significantly increase its data center connectivity and we remain on track to reach 20 total connected data centers by the end of 2014,” said Timothy G. Biltz, President and CEO of Lumos Networks. “DC Corp’s strategic location within 90 miles of Washington, DC and offerings of co-location, disaster recovery, secure hosting and business continuity services are attractive to our Enterprise, Carrier, and Government clients. We expect that existing, planned and prospective entities within and outside of our footprint will come to utilize this Custom Hybrid Data Facility so strategically located.”

Joseph E. McCourt, Chief Revenue Officer at Lumos Networks, added, “Our customers are increasingly requesting secure fiber bandwidth connectivity to data centers in our footprint. We continue to believe that increased data center connectivity will be a key factor in building our Enterprise revenue backlog heading into 2015.”

About Lumos Networks

Lumos Networks is a fiber-based provider in the Mid-Atlantic region serving Carrier and Enterprise customers offering end to end connectivity in 23 markets in Virginia, Pennsylvania, West Virginia, Maryland, Ohio and Kentucky. With a fiber network of 7,548 fiber route miles, Lumos Networks connects to 673 Fiber to the Cell sites, 15 data centers and 1,420 on-net buildings. In 2013, Lumos Networks generated over $104 million in Data Revenue over its fiber network. Detailed information about Lumos Networks is available at www.lumosnetworks.com.

SPECIAL NOTE FROM THE COMPANY REGARDING FORWARD-LOOKING STATEMENTS

Any statements contained in this news release that are not statements of historical fact, including statements about our beliefs and expectations, are forward-looking statements and should be evaluated as such. The words “anticipates,” “believes,” “expects,” “intends,” “plans,” “estimates,” “targets,” “projects,” “should,” “may,” “will” and similar words and expressions are intended to identify forward-looking statements. Such forward-looking statements reflect, among other things, our current expectations, plans and strategies, and anticipated financial results, all of which are subject to known and unknown risks, uncertainties and factors that may cause our actual results to differ materially from those expressed or implied by these forward-looking statements. Many of these risks are beyond our ability to control or predict. Because of these risks, uncertainties and assumptions, you should not place undue reliance on these forward-looking statements. Furthermore, forward-looking statements speak only as of the date they are made. We do not undertake any obligation to update or review any forward-looking information, whether as a result of new information, future events or otherwise. Important factors with respect to any such forward-looking statements, including certain risks and uncertainties that could cause actual results to differ from those contained in the forward-looking statements, include, but are not limited to: rapid development and intense competition in the telecommunications and high speed data transport industry; our ability to offset expected revenue declines in legacy voice and access products related to the recent regulatory actions, wireless substitution, technology changes and other factors; our ability to effectively allocate capital and implement our “edge-out” expansion plans in a timely manner; our ability to complete customer installations in a timely manner; adverse economic conditions; operating and financial restrictions imposed by our senior credit facility; our cash and capital requirements; declining prices for our services; our ability to maintain and enhance our network; the potential to experience a high rate of customer turnover; federal and state regulatory fees, requirements and developments; our reliance on certain suppliers and vendors; and other unforeseen difficulties that may occur. These risks and uncertainties are not intended to represent a complete list of all risks and uncertainties inherent in our business, and should be read in conjunction with the more detailed cautionary statements and risk factors included in our SEC filings, including our Annual Report for the year ended December 31, 2013.


Copyright © Business Wire 2014
Contact:

Lumos Networks Corp.
Will Davis
Vice President of Investor Relations and Chief of Staff
917-519-6994
davisw@lumosnet.com