Does FiberCo have the capability to provision fiber anywhere on the original Level 3 build?
FiberCo has the capability to provision fiber anywhere on the original Level 3 build at favorable pricing over the next three years. We have established a national-scale contract with a minimum commitment of 2,600 miles that we intend to specify by early Fall 2003. We expect to put roughly half of this initial allocation into the NLR initiative and the rest into regional optical networks. We then have the capability to acquire additional fiber segments at the same pricing through 2005. We expect that most participating regional’s and universities will want FiberCo to assign the fiber IRU and O&M contracts to them so that they then can take full ownership of the asset. In this model, there would be a reasonable transaction fee to cover FiberCo’s™ costs.