Broadwing Provides Teleglobe with Industry's First Coast-To-Coast All-Optical Services; Broadwing Selected as a Provider of Teleglobe's U.S. Network.

Business Editors & High Tech Writers

CINCINNATI--(BUSINESS WIRE)--June 8, 2001

Broadwing Inc. (NYSE:BRW) today announced that Teleglobe (NYSE:BCE)(TSE:BCE) has selected Broadwing's intelligent, all-optical switched network, the first in the communications world, as a provider for Teleglobe's network in the United States.

Under the agreement, Broadwing will provide Teleglobe with the industry's first nationwide 10 gigabit (OC-192) wavelength services using Broadwing's all-optical backbone. Broadwing will also supply Teleglobe with collocation, network consulting, engineering services and local access services. Initially, Teleglobe will purchase a minimum of $180 million in services, primarily 20 year capacity IRU's, with an option to purchase additional services. If Teleglobe's purchases for services exceed $626 million, they will have an option to acquire up to eight strands of dark fiber on Broadwing's network.

"Teleglobe's ability to have wavelength services - delivered this summer, through Broadwing's intelligent, all-optical switched network, gives them capacity, availability, and speed-to-market advantages that cannot be matched by today's legacy networks," said Rick Ellenberger, president and CEO of Broadwing Inc.

Broadwing will extend product and service capabilities globally for its growing roster of multinational corporations by utilizing Teleglobe's network and eBusiness services. Broadwing will purchase from Teleglobe $90 million in services to provide seamless, end-to-end solutions including ATM, frame relay, collocation, dedicated IP services and private line services to customers internationally, with the same high degree of quality and reliability as they receive domestically.

"Broadwing's early success in serving Fortune 1000 customers requires that we expand our services internationally," added Ellenberger.

By switching light across the network backbone, without electrical regeneration, Broadwing's all-optical switched network operates at levels of capacity, speed, availability, and efficiency that dwarf `legacy' networks and enable new lightwave solutions. Recently, Broadwing introduced the first suite of Gigabit Ethernet and Optical Media Center products that utilize the flexibility and efficiency of lightwave services.

"While other companies are moving into the optical networking space, only Broadwing has both the network and the strategy for taking customers from legacy services to lightwave solutions. We continue to demonstrate how our full array of assets, talent, and management strength are reshaping the telecommunications industry," said Ellenberger.

About Broadwing

Broadwing Inc. (NYSE:BRW) is parent to two of the industry's leading communications companies, Broadwing Communications and Cincinnati Bell. Broadwing Communications leads the industry as the world's first intelligent, all-optical, switched network provider and offers businesses nationwide a competitive advantage by providing data, voice and Internet solutions that are flexible, reliable and innovative on its 18,500-mile optical network and its award-winning IP backbone. Cincinnati Bell is one of the nation's most respected and best performing local exchange and wireless providers with a legacy of unparalleled customer service excellence and financial strength. Cincinnati Bell provides a wide range of telecommunications products and services to residential and business customers in Ohio, Kentucky and Indiana. Broadwing Inc. is headquartered in Cincinnati, Ohio and has 6,400 employees in 56 sales and service offices across the country. For more information, visit www.broadwing.com.

Note: Information included in this news release contains forward-looking statements that involve potential risks and uncertainties. Broadwing's future results could differ materially from those discussed herein. Factors that could cause or contribute to such differences include, but are not limited to, Broadwing's ability to maintain its market position in communications services, and it's ability to develop and launch new products and services. More information on potential risks and uncertainties is available in the company's recent filings with the Securities and Exchange Commission, including 2000's Form 10-K for Broadwing Inc. and Broadwing Communications Inc.