Copying and distributing are prohibited without permission of the publisher
MFN building on first-to-market advantage
01 December 1999
Metromedia Fiber Network is building next generation broadband optical networks in 67 metropolitan areas world-wide. MFN aims to be the leading provider of private fibre-optic networks. In October 1999 Bell Atlantic acquired a 19% stake in the company. Chairman and CEO Stephen Garofalo talks to Global Telecoms Business about this acquisition and MFN's plans.
Metromedia Fiber Network (MFN), established in 1993, is building
fibre-optic networks in 67 metropolitan areas world-wide. The
company aims to lease the fibre on a fibre/mile monthly basis to
telcos, companies and government users, seeking to establish secure
communications networks for the transport of large amounts of
voice, data and video.
The world-wide network will cost about $3-4 billion and cover 3.6
million miles. The company has targeted high usage business markets
and major economic centres in the US and Europe. MFN will be able
to maintain a low-cost base, by laying up to 864 fibres/trunk in
these metropolitan areas, which should dramatically reduce the
company's cost/fibre mile.
The company has funded the cost of the network build in different
ways. In October 1999, MFN announced that Bell Atlantic had bought
a 19% stake in the company and agreed to buy dark fibre
infrastructure from MFN in a...
Access to this content is denied because you are not logged in. Please login to view this content
Already have an account?
Subscribe
Subscribers have unlimited access to all current and archive content. Start your
subscription today - click on the button below.
Free trial
Taking a free trial will give you access to the current issue for two weeks (excluding
some surveys and articles). Start your free trial today.
