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Short Take: Metromedia Fiber Network in $1.4 billion network expansion

Metromedia Fiber Network, a fiber-optic communications carrier, today announced a $1.4 billion expansion of its nationwide backbone network. The company, which operates metropolitan networks in 51 North American cities, will link 14 new data centers for its Web hosting subsidiary AboveNet Communications. The expansion, which is expected to be completed in 12 to 18 months, will total 29,000 route miles of fiber optics in the United States and Europe. The new data centers will open by early 2001.
Metromedia Fiber Network, a fiber-optic communications carrier, today announced a $1.4 billion expansion of its nationwide backbone network. The company, which operates metropolitan networks in 51 North American cities, will link 14 new data centers for its Web hosting subsidiary AboveNet Communications. The expansion, which is expected to be completed in 12 to 18 months, will total 29,000 route miles of fiber optics in the United States and Europe. The new data centers will open by early 2001.