June 23, 2014 — 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 that it has distributed its near-net building list of approximately 15,000 locations to key national and regional carrier partners. This near-net building list has over 7 times the number of on-net buildings, Fiber to the Cell sites and connected data centers that Lumos Networks is currently connected.
“We believe that our near-net building list of approximately 15,000 locations will significantly expand the addressable market of our Carrier End User group and provide us with substantial opportunities to monetize our dense fiber network by securing incremental customer contracts that we would not typically be able to capture through our standard direct Enterprise sales efforts,” said Joseph E. McCourt, Chief Revenue Officer of Lumos Networks.
Mr. McCourt continued, “We look forward to working with our partners to create a “win-win” for customers by providing secure, high bandwidth on-net fiber connectivity at reduced installation times. We are committed to responding quickly to Ethernet capacity requests for 100 Mb and higher and we expect that our Carrier End User group will drive an increasingly larger portion of our Enterprise sales as we move through the second half of 2014 and into 2015.”