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.