N@N

RCN Corporation: RCN Announces Deployment of DOCSIS 3.0

^{Published on 2009-02-10 09:27:47, Last Modified on 2009-02-10 09:28:33 - Market Wire}
 

HERNDON, VA--(Marketwire - February 10, 2009) - [ RCN Corporation ] (NASDAQ: [ RCNI ]), a leading provider of all-digital and high definition video, high-speed internet, and premium voice services to residential and small-medium business customers, as well as high-capacity transport services to carrier and large enterprise customers, announced today that it has begun deployment of DOCSIS (Data Over Cable Service Interface Specification) 3.0. This deployment will enable the company to offer residential and business customers Internet download speeds of 50mbps and faster.

With the completion of its conversion to all-digital cable TV in its major metropolitan markets, RCN now turns its focus to deploying DOCSIS 3.0, starting with testing and subsequent initial deployments in its Boston and New York City markets. DOCSIS 3.0 is designed to help cable providers, like RCN, to dramatically boost speeds using channel bonding technology.

"Once we have completed our initial testing and trials, we intend to move quickly, similar to our industry leading efforts to deploy an all-digital video platform, to roll this product upgrade out to our data customers," said RCN President & CEO Peter Aquino. "We're taking the time now to test the platform to ensure that when we fully deploy this upgrade, it is done in the most efficient and effective manner for our customers."

Aquino added that on the small business side, DOCSIS 3.0 will enable customers to leverage 2-Megabit and higher symmetrical data services for increased productivity, in-house/on-site hosting and VoIP adoption, all at more attractive prices than the slower T1 service offered by incumbent providers.

About RCN Corporation

RCN Corporation (NASDAQ: [ RCNI ]), [ http://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)