Consolidated Edison communications enters N.Y.C. fiber-optic market

The newly franchised company, a wholly owned subsidiary of Consolidated Edison, Inc., is a “carrier’s carrier.” As such, it provides wholesale, carrier-grade fiber-optic transport services for “the last mile,” connecting telecommunications carriers and Internet service providers for the distance between their own networks and individual buildings. The franchise agreement was finalized on October 13th.

NEW YORK, NY., Oct. 18, 2000 (BUSINESS WIRE) —The American utility industry, already fraught with concerns surrounding deregulation, power spikes and potential summer brown-outs will evolve into a series of companies focused on achieving scale in the three major industry segments over the next decade according to new Andersen Consulting research.

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