SOURCE: RCN Metro

RCN Metro

May 05, 2009 11:00 ET

RCN Metro Optical Networks Provides CAL Financial With Carrier Class Ethernet

HERNDON, VA--(Marketwire - May 5, 2009) - RCN Metro Optical Networks, a division of RCN Corporation (NASDAQ: RCNI) and a premier provider of fiber optic-based network solutions, announced today that it has been selected by CAL Financial, a California corporation in the business of developing proprietary electronic trading systems, to provide Carrier Class Ethernet Transport Services. RCN Metro will provide a carrier class Ethernet connection from CAL Financial's trading partner in New York City to a Chicago-based financial exchange.

"We're excited that CAL Financial has selected RCN Metro to provide them with Ethernet connectivity," said Felipe Alvarez, President of RCN Metro. "We are certain that our Ethernet service will provide CAL Financial with a highly efficient, fully restorable and easily managed network on which to operate their proprietary electronic payment systems."

"To remain competitive, CAL Financial depends on its vendors to provide the speed and reliability necessary to be successful in the market. As a client of RCN Metro, we are aware of their dedication to a high level of service and attention to detail," said John Indelicato, President and CEO, CAL Financial. "RCN Metro has clearly displayed a desire to provide the secure and reliable network that professional traders demand. As our trading network grows, we know RCN Metro will be there to meet our needs."

About RCN Metro Optical Networks

RCN Metro, www.rcnmetro.com, is a premier provider of high-capacity transport services for carriers as well as large and medium-sized businesses. RCN Metro offers a comprehensive suite of services including: Ethernet, SONET, Wavelength, Video Transport, Internet and more. With a network leveraging unique rights-of-way, spanning from Maine to Virginia and out to Chicago, RCN Metro deploys custom solutions to service providers as well as companies in the finance, hospitality, media, government, health care and education industries. RCN Metro is a wholly owned division of RCN Corporation.

About RCN Corporation

RCN Corporation, www.rcnmetro.com, is a facilities-based, competitive broadband telecommunications services provider delivering video, high-speed data and voice services to residential and small/medium business customers under the brand names of RCN and RCN Business Services, respectively. In addition, through the RCN Metro Optical Networks business unit, RCN delivers fiber-based high-capacity data transport services to large commercial customers, primarily large enterprises and carriers, targeting the metropolitan central business districts in the company's geographic markets. RCN's primary service areas include Washington, D.C., Philadelphia, Lehigh Valley (PA), New York City, Boston and Chicago (RCNI-G).

Contact Information

  • Contact:
    RCN Metro Optical Networks:
    Maura Mahoney
    Vice President of Sales & Marketing
    508-621-1869

    RCN Corporation:
    Lisa Barder
    Director, Communications & PR
    215-355-7175