Why was RCN interested in purchasing NEON?
There were many reasons why RCN was interested in purchasing NEON. For one, the companies have a similar service offering, complementary networks and customer bases. RCN’s Business Solutions division is strong in the enterprise customer segment while NEON is strong in the carrier market place. Merging the companies allows us to leverage the networks to further serve our existing customer bases as well as to pursue new market segments. Also, we have a long standing working relationship with RCN’s Business Solutions Division. Over the years, they have come to know and appreciate our business, our employees and our customer base. Merging with NEON allows RCN to leverage the talents of our experienced employee base to further grow the combined business. All persons who receive this document agree that they will hold the contents and all related documents and enclosures in the strictest confidence. Recipients of this document agree that they will not copy, reproduce or distribute to others