RCN Metro Provides Monadnock Capital Management With a High Performance Ethernet Network
09 August 2010 - 2:00PM
Marketwired
RCN Metro Optical Networks, a division of RCN Corporation (NASDAQ:
RCNI) and a premier provider of fiber optic-based network
solutions, announced today that Monadnock Capital Management, a
private investment firm, has selected RCN Metro as its provider for
its Ethernet network that will connect its trading operations in
Philadelphia to key financial exchanges in New York and New Jersey.
"RCN Metro has an excellent reputation for high quality network
performance. Their ability to meet our implementation timeline,
their impressive customer service and competitive pricing are
superior to those of the other providers we considered," said
Daniel C. Bigelow, President of Monadnock Capital. "Trade execution
is highly time-sensitive. With RCN Metro managing our network, we
are confident that we have outstanding quality and reliability that
is essential to the success of our operation."
"Because of our focus on high quality support, our service
offerings, our network reach and our dedicated employees, we are
repeatedly chosen as the preferred provider for financial services
institutions," said Felipe Alvarez, President, RCN Metro. "Our
connectivity to the major exchanges in Philadelphia, New Jersey,
New York and Chicago combined with our industry- leading technology
solutions give companies like Monadnock an edge in this competitive
marketplace, allowing them to do their business quickly and
securely."
RCN Metro's Ethernet service combines the reliability and
ubiquity of Ethernet with next-generation metro area transport
technology. The service offers point-to-point, switched point to
multipoint and multipoint-to-multipoint Layer 2 service over
dedicated access bandwidth, and enables extension of LAN
infrastructure for WAN connectivity, or allows point-to-point
private line services. RCN Metro's Ethernet solution offers
dedicated and switched bandwidth to guarantee performance when you
need it with rates starting at 1 Mbps ranging up to 10 Gbps.
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, out to Chicago, and up to Toronto, 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
(NASDAQ: RCNI), www.rcn.com, is a competitive broadband services
provider delivering all-digital and high definition video,
high-speed internet and premium voice services to residential and
small-medium business customers under the brand names of RCN and
RCN Business Services, respectively. In addition, through its 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: RCN Metro Optical Networks Maura Mahoney
Vice President, Sales & Marketing (508) 621-1869
Maura.Mahoney@rcnmetro.com
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