Mid-Atlantic Broadband Cooperative (MBC) and Infinera Host Strategy Day to Share Broadband Stimulus Network Insights
October 22 2010 - 11:00AM
Marketwired
Mid-Atlantic Broadband Cooperative (MBC), open-access broadband
provider for southern Virginia and winner of two broadband stimulus
grants, and Infinera (NASDAQ: INFN), optical network supplier for
successful broadband networks worldwide, are hosting the MBC
Broadband Network Strategy Day to bring together experts, broadband
grant winners and other stakeholders to discuss key issues and
share insights into building successful broadband networks.
The half-day of discussions takes place on November 8th, 2010,
as stimulus grant winners begin planning their network strategies
following the final stimulus awards announced last month by the
Department of Commerce's National Telecommunications Information
Administration (NTIA) and Department of Agriculture's Rural
Utilities Service (RUS). The MBC Broadband Network Strategy Day
will take place at the Westin Washington Dulles Hotel near Dulles
Airport, Virginia, just outside Washington DC.
Keynote address for the conference will be given by Dr. Tony
Wilhelm, Program Director for NTIA's Broadband Technologies
Opportunities Program (BTOP), which is administering more than $3
billion worth of BTOP grants and loans. The Strategy Day will be
hosted by Tad Deriso, President & CEO of MBC, and Jeff Ferry,
Director of Broadband Marketing for Infinera. A series of panel
discussions will discuss key issues including the best business
models for successful broadband networks, key regulatory and
governance challenges, and lessons to be learned from successful
broadband networks worldwide. Also featured will be a discussion of
current and future applications that can provide additional revenue
sources for broadband networks.
"The new generation of broadband stimulus networks face
challenges on many fronts, and they have to be aggressive, and
willing to innovate and try new ideas and new business models, if
they are to succeed," commented MBC's Tad Deriso. "This conference
will provide insights from experts into how to tackle those
challenges." Originally supported by the state of Virginia's
tobacco settlement funds, MBC launched its network in 2006,
pioneering a public/private business model that offered local and
national telecom companies membership in the MBC cooperative.
Today, MBC provides economical middle-mile broadband to 20 counties
in Virginia, is cash-flow positive, and counts more than 50 ISPs
and telecom companies as members of its cooperative.
"Once they are up and running, most broadband stimulus networks
will be facing competition from much larger companies, and they
must be sure to be as competitive as possible," commented Jeff
Ferry of Infinera. "They must be opportunistic about their revenue
sources, they must deploy the best technology to position
themselves to support a wide range of customers, and they must plan
to get to cash-flow positive as rapidly as possible." As a leading
provider of long-haul optical networks in North America, Infinera
provides unique flexibility and operational simplicity to broadband
networks worldwide through its optical systems.
The MBC Broadband Network Strategy Day is open to broadband
stimulus grant recipients and other interested parties. The fee to
attend is $95 per person; this includes lunch and a light dinner
reception. Space is limited. For more information or to register
for this event, visit http://mbc-va.com/strategy_day/index.php or
contact Anna Vue at (916) 595-8157.
About Mid-Atlantic Broadband Cooperative
Mid-Atlantic Broadband Cooperative (MBC) was established in 2004 as
an independent open-access broadband cooperative to promote
economic development in Southern Virginia. MBC's broadband
initiatives helped to develop more than 2,200 jobs and attract $300
million of private sector investment to the region. Through its
highly successful open access network model, MBC has brought
advanced broadband services to telecom providers who serve the
region's residents, businesses, hospitals, and school systems.
Currently, more than 55 telecommunications providers use the MBC
network to expand their reach and reduce their costs of providing
retail broadband services. For more information, please visit
http://www.mbc-va.com/.
About Infinera Infinera provides Digital
Optical Networking systems to telecommunications carriers
worldwide. Infinera's systems are unique in their use of a
breakthrough semiconductor technology: the photonic integrated
circuit (PIC). Infinera's systems and PIC technology are designed
to provide customers with simpler and more flexible engineering and
operations, faster time-to-service, and the ability to rapidly
deliver differentiated services without reengineering their optical
infrastructure. For more information, please visit
http://www.infinera.com/.
This press release contains certain forward-looking statements
based on current expectations, forecasts and assumptions that
involve risks and uncertainties. These statements are based on
information available to Infinera as of the date hereof; and actual
results could differ materially from those stated or implied, due
to risks and uncertainties. Forward-looking statements include
statements regarding Infinera's expectations, beliefs, intentions
or strategies regarding the future, including that As a leading
provider of long-haul optical networks in North America, Infinera's
optical systems provides unique flexibility and operational
simplicity to broadband networks worldwide through its optical
systems. Such forward-looking statements can be identified by
forward-looking words such as "anticipated," "believed," "could,"
"estimate," "expect," "intend," "may," "should," "will," and
"would" or similar words. The risks and uncertainties that could
cause our results to differ materially from those expressed or
implied by such forward-looking statements include aggressive
business tactics by our competitors, our dependence on a single
product, our ability to protect our intellectual property, claims
by others that we infringe their intellectual property, and our
ability to respond to rapid technological changes, and other risks
that may impact any of the group's business are set forth in their
annual reports on Form 10-K filed with the SEC on March 1, 2010, as
well as subsequent reports filed with or furnished to the
Securities and Exchange Commission. These statements are based on
information available to us as of the date hereof and we disclaim
any obligation to update the forward-looking statements included in
this press release, whether as a result of new information, future
events or otherwise.
Media contacts: Ann Weinberg MBC Tel. (804) 562-5114
ann@mbc-va.com Anna Vue Infinera Tel. (916) 595-8157
avue@infinera.com
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