FiberCity starts wiring 4.5M sf.

FiberCity Networks, Inc., a gigabit business enterprise data services provider, announced the development and deployment of a breakthrough 4.8 billion bits-per-second per building "last-mile" network and has begun providing broadband fiber-optic data services to over 4.5 million square feet

The company already has agreements with building owners to permit the rapid deployment of its network into almost 200 buildings in major cities throughout North America, totaling approximately 100 million square feet, in the next 12 months. The company continues to actively negotiate access agreements with additional building owners and expects to substantially increase the number of buildings and square footage on the network.

FiberCity Networks, which began operations earlier this year, is now supporting the data communication needs of medium and large business customers with a wide range of ultra-high-bandwidth service offerings. These services are delivered through a proprietary metropolitan-area, broadband fiber-optic network that achieves an unprecedented 4.8 billion bits per second of private, dedicated bandwidth to each building. This bandwidth is the equivalent of connecting each building with over 3,100 T-1 digital business lines.

This unprecedented bandwidth continues on to the customer with one or two billion-bit-per second fiber optic local loops delivered directly into their offices. Each of these connections is the equivalent of over 650 T-1 digital lines.

"In the past 30 years, there has been an explosion in bandwidth available both in wide-area carrier networks and local-area computer networks," said Daniel Flohr, CEO and founder, FiberCity Networks. "During this same time, generally available 'last-mile' bandwidth required to connect these two networks has, almost unbelievably, remained virtually unchanged. Today, as we launch our new services into large office buildings, we are redefining what broadband means by connecting each building to our network with diversely routed, fully protected bandwidth of 4.8 billion bits per second. We have already begun to see a direct correlation between available bandwidth and derivable revenues, which is clearly validating our business model."

The company operates in multi-tenant, Class A commercial buildings that are typically over 250,000 square feet in size and currently average approximately 500,000 square feet. The buildings are in major markets throughout the United States Canada and Europe.