SOURCE: One Ring Networks

September 24, 2007 08:00 ET

One Ring Networks Signs Long Term Lease for Metro Dark Fiber From AGL Networks in Atlanta

ATLANTA, GA--(Marketwire - September 24, 2007) - One Ring Networks, an alternative network carrier, today announced an agreement with AGL Networks, an AGL Resources subsidiary, to utilize capacity on AGL Networks' dark fiber network allowing One Ring to expand its fiber footprint in the metro area. Under the multi-year contract, AGL Networks will grant One Ring indefeasible rights of use (IRUs) on its system.

The agreement ensures that One Ring's broadband network can be fully upgraded to deliver new and enhanced services to its customers, carrying multiple wavelengths, each capable of 10 Gigabits per second.

"This agreement with AGL Networks will further enhance our ability to deliver new and innovative services to our customers," said Matt Liotta, CEO of One Ring Networks. "Businesses across metro Atlanta are increasingly discovering the need for truly diverse and redundant telecommunication services. Through this agreement, One Ring can deliver these services today."

About One Ring Networks

One Ring Networks operates one of the largest hybrid fiber-fixed wireless networks in the United States and is one of the few carriers offering end-to-end telecommunications and networking services without relying on other companies' networks. Over its next generation network, One Ring offers high-speed data services, feature-rich IP phone services, IP telephony infrastructure, integration and management, and network monitoring and management. For more information, visit the One Ring website at www.oneringnetworks.com.

About AGL Networks

AGL Networks, a wholly owned subsidiary of AGL Resources (NYSE: ATG), owns, designs, constructs, manages and operates fiber optic networks and provides last mile connectivity between telecommunications service providers and business customers in Atlanta and Phoenix. For more information, visit www.aglnetworks.com.

About AGL Resources

AGL Resources (NYSE: ATG), an Atlanta-based energy services company, serves more than 2.2 million customers in six states. The company also owns Houston-based Sequent Energy Management, an asset manager serving natural gas wholesale customers throughout the nation. As a 70 percent owner in the SouthStar partnership, AGL Resources markets natural gas to consumers in Georgia under the Georgia Natural Gas brand. The company also owns and operates Jefferson Island Storage & Hub, a high-deliverability natural gas storage facility near the Henry Hub in Louisiana. For more information, visit www.aglresources.com.

Contact Information

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