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Cogent signs long-term lease on 400 miles of AGL Networks' dark fiber connected to commercial buildings in the Atlanta area
June 20, 2002
ATLANTA -- AGL Networks, LLC, a wholly owned subsidiary of AGL Resources Inc. (NYSE: ATG), today announced it has signed a long-term lease agreement with Cogent Communications (AMEX: COI), a Tier One, next generation, optical Internet service provider. Financial terms of the deal were not disclosed. The agreement will provide Cogent Communications with dark fiber connectivity to a multitude of commercial multi-tenant buildings in the Atlanta area using AGL Network's lateral construction capabilities. The deal includes long-term leasing of over 400 fiber miles of AGLN's dark fiber metropolitan network to meet Cogent's bandwidth demands in the Atlanta central business district and outlying areas. "As the largest dark fiber provider in the greater Atlanta area, with over 175 available route miles, we can cost-effectively provide carriers, Internet service providers, wireless providers and enterprises with the last mile connectivity they require," said Gordon Stark, senior vice president, sales and marketing for AGL Networks. "AGL Networks is pleased to be working with one of the leading Tier One Internet service providers. To be chosen by Cogent Communications to provide critical infrastructure for delivering ultra-high speed Internet access and transport services in Atlanta is a further sign that AGL Networks is recognized as a dominant telecommunications provider in the Atlanta area." AGL Networks LLC Cogent Communications Inc.
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