NEW YORK -- Allied Fiber announces today that the Company has entered into financing arrangements with financial partners, including affiliates of Falcon Investment Advisors, LLC and ABRY Partners, LLC, to complete funding for phase one of its new, network-neutral, high-count dark fiber, colocation and wireless tower integrated system. Construction of the first phase linking New York City, Chicago and Ashburn, VA is already underway and is expected to be complete by May 2011.

Allied Fiber is addressing the needs for increasing national broadband demand by providing much needed access to new dark fiber, colocation facilities and fiber-fed wireless towers on a network-neutral, open-access basis throughout the United States. The user community for these physical-layer services ranges from and includes submarine cable systems, large international and domestic wireline and wireless carriers and network operators to small rural carriers, cooperatives, cable television companies and data center operators.

"We created this system to address the numerous backhaul and capacity issues that exist in the industry today,” states Hunter Newby, CEO of Allied Fiber. "We appreciate all of the insight and support we have received from the industry and look forward to delivering our network-neutral, dark fiber, colocation and wireless tower access services to all that need it.”

Allied Fiber LLC