Printer Friendly
The Free Library
14,538,038 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

AGL Networks to Acquire Fiber Optic Network From ACSI Network Technologies.


Business Editors

ATLANTA--(BUSINESS WIRE)--Nov. 6, 2001

Deal Makes Company Owner of Largest CLEC (Competitive Local Exchange Carrier) An organization offering local telephone service that is not one of the traditional telephone companies. The Telecommunications Act of 1996 allowed competition to the incumbent telcos (ILECs), enabling new companies (CLECs)  Network in Atlanta

and Expedites Plan to Enter Market For Less Cost

AGL (programming) AGL - (Atelier de Genie Logiciel) French for IPSE.  Networks, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, a wholly-owned subsidiary of AGL Resources AGL Resources, Inc. is a Fortune 1000, Forbes 2000 energy services holding company. Their principal business is distribution of natural gas in Florida, Georgia, Maryland, New Jersey, Tennessee and Virginia, providing gas for more than 2.2 million customers.  Inc. (NYSE NYSE

See: New York Stock Exchange
: ATG ATG antithymocyte globulin.
lymphocyte immune globulin (antithymocyte globulin equine, ATG, ATG equine, LIG)

Atgam

Pharmacologic class: Immunoglobulin

Therapeutic class: Immunosuppressant
), today announced its purchase of a telecommunications network A telecommunications network is a of telecommunications links and nodes arranged so that messages may be passed from one part of the network to another over multiple links and through various nodes.  in Atlanta from ACSI ACSI Association of Christian Schools International
ACSI American Customer Satisfaction Index
ACSI Association Canadienne des Sciences de l'Information (French)
ACSI American Communications Services, Inc.
 Network Technologies, Inc., a subsidiary of e.spire Communications, Inc.

The network includes Atlanta's central business district and extends through several areas north of the city. Once the transaction is complete, as expected by the end of the year, AGL Networks will instantly possess the largest Competitive Local Exchange Carrier (CLEC) network in the metropolitan Atlanta area. The deal enables the company to get to market quicker and at less cost than its previously announced plan to build a fiber network of its own.

"This acquisition is a breakthrough transaction for AGL Networks," said Eric Martinez, vice president of corporate development for AGL Networks. "It increases our speed to market by 12 to 18 months, increases the geographic reach of our infrastructure, and eliminates the risk surrounding construction costs. It also supports our goal to minimize traffic disruptions in the areas we serve by reducing the number of companies digging up the streets of Atlanta to lay fiber."

In June 2001, AGL Networks announced its plans to construct a fiber optic network to serve critical points of contact within Atlanta's central business district, as well as areas north of the city such as Buckhead, Cobb Galleria and Sandy Springs.

Once AGL Networks effectively integrates the ACSI network into the portion of the AGL Networks ring it already has constructed, the company will manage a fiber optic network with a footprint of 160 road miles, approximately 1,000 conduit miles, and about 36,000 fiber miles. It will connect with almost every Incumbent Local Exchange Carrier ILEC, short for incumbent local exchange carrier, is a local telephone company in the United States that was in existence at the time of the break up of AT&T into the Regional Bell Operating Companies (RBOCs) also known as the "Baby Bells".  (ILEC (Incumbent Local Exchange Carrier) A traditional local telephone company such as one of the Regional Bell companies (RBOCs). Contrast with CLEC. See ELEC and TELRIC. ) central office in the metropolitan Atlanta area, and will serve most of Atlanta's major business districts from south to north, including Hartsfield International Airport, Midtown, Buckhead, Galleria, Sandy Springs, Norcross, Roswell and Alpharetta. The network will pass more than 2,000 multi-tenant commercial buildings, with additional fiber and high-speed data services available to lease to retail and enterprise customers in the future.

AGL Resources was advised by Windsor Group investment bankers, Alston & Bird LLP LLP - Lower Layer Protocol  corporate attorneys, and Gerry & Sapronov LLP telecommunications counsel.

About ACSI Network Technologies

ACSI Network Technologies, Inc., a wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 of e.spire Communications, Inc., provides optical fiber infrastructure solutions and strategic network design services for organizations deploying networks in major metropolitan cities throughout the United States. Current clients include telecommunications carriers, municipalities, school districts, utilities, and Fortune 500 companies. ACSI NT has fiber and conduit inventory in Atlanta, Dallas, Houston, Fort Lauderdale/Miami/West Palm Beach, Tampa, and Washington, DC/Northern Virginia. More information about ACSI NT is available at ACSI NT's Web site, http://www.acsint.net.

About e.spire

e.spire Communications, Inc. is a leading integrated communications provider, offering traditional local and long distance, dedicated Internet access, and advanced data solutions, including ATM and frame relay. e.spire also provides Web hosting, dedicated server, and colocation services through its Internet subsidiary, CyberGate, Inc., and its subsidiary ValueWeb. e.spire's subsidiary, ACSI Network Technologies, Inc., provides third parties, including other communications concerns, municipalities, and corporations, with turnkey fiber optic design, construction, and project management expertise. More information about e.spire is available at e.spire's Web site, http://www.espire.net.

About AGL Networks

AGL Networks, LLC is a subsidiary of AGL Resources Inc. (NYSE:ATG). AGL Networks provides last-mile fiber optic solutions to telecommunications companies in the metropolitan Atlanta area. The company's primary focus is designing, constructing and managing fiber optics fiber optics, transmission of digitized messages or information by light pulses along hair-thin glass fibers. Each fiber is surrounded by a cladding having a high index of refractance so that the light is internally reflected and travels the length of the fiber  networks. AGL Networks offers conduit leasing, dark-fiber leasing, construction services and customer network builds. More information about the company is available at www.aglnetworks.com.

About AGL Resources

AGL Resources Inc. is a regional holding company for energy and infrastructure related businesses in the Southeast. The company is the second-largest natural gas-only distribution company in the United States and serves more than 1.8 million customers throughout Georgia; Chattanooga, Tennessee; and southeastern Virginia. AGL Resources also is engaged through subsidiaries and partnerships in other businesses, including telecommunications, retail energy marketing, wholesale energy services, and wholesale and retail propane sales. More information about the company is available on the Internet at www.aglresources.com.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:1USA
Date:Nov 6, 2001
Words:729
Previous Article:Soft Thinks Provides PC Recovery Software Solution in HP Pavilion Home PCs Worldwide.
Next Article:Image Entertainment and Quincy D. Jones III's QD3 Entertainment Announce Multi-Year Urban/Hip-Hop Music Programming Agreement for World Wide Home...
Topics:



Related Articles
AGL Networks Names Stark Senior Vice President - Sales & Marketing.
AGL Networks Names Christine Bogdanski Vice President - Marketing.
AGL Networks Selects Alcatel Optical Fiber Solutions for Deployment in its Metropolitan Infrastructures.
AGL Networks Announces New Additions To Its Executive Team.
AGL Networks and Cogent Communications Sign Dark Fiber Agreement.
AGL Networks Provides Vital Link for Emory University.
AGL Networks Makes Atlanta Connection.
AGL Networks Expands into Phoenix Market; Dark-Fiber Provider Builds on Success in Atlanta.
AGL Networks Names Richard Fehl Sr. Vice President, Operations.
AGL Networks Provides Connections for ITC^DeltaCom.

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles