RCN Gets `Triple Play' at Harlem Park

Date : 03/31/2005 @ 8:32AM
Source : PR Newswire
Stock : Rcn Corp New (MM) (RCNI)
Quote : 5.32  -0.02 (-0.37%) @ 5:40PM
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RCN Gets `Triple Play' at Harlem Park

RCN Gets `Triple Play' at Harlem Park Company Selected to Provide Phone-Internet-TV Service for New Harlem Park Mixed-Use Development Complex

NEW YORK, March 31 /PRNewswire-FirstCall/ -- RCN Corporation (NASDAQ:RCNI), a leading provider of total communications service, today announced that it has been selected to provide its bundled "triple play" cable, phone and Internet services for the new Harlem Park Complex at the Southeast corner of 125th Street and Park Avenue.

Harlem Park (http://www.harlempark.com/) is an extraordinary new $230 million mixed-use property featuring a 167,000-square-foot Class A office building and 62,000 square feet of prime retail space. Harlem Park, which is scheduled to open in late 2006, represents the most impressive development in Harlem's history and a landmark for today's most progressive businesses.

"We view Harlem Park as an exciting and meaningful opportunity and are proud to be a part of this revitalization effort," said PK Ramani, RCN's SVP & New York General Manager. "Harlem Park's tenants will have access to RCN's excellent state-of-the art, high-tech, reliable and efficient broadband products and services."

"Because Harlem Park will be a vibrant center for business, shopping and entertainment, RCN was the obvious choice to handle cable, phone and Internet services for a number of reasons," said Michael Caridi, the developer of Harlem Park. "RCN has proven construction expertise, an on-time delivery record, flexibility, and an innovative profit-share model."

"Like our recent commercial, multi-use development work at 10 Columbus Circle, which houses the Mandarin Hotel, condos and retail space, our strong fiber network in the city enables us to quickly provide customized, bundled broadband services," added RCN's President of Business Services, Todd Narwid.

About RCN Corporation

RCN Corporation, http://www.rcn.com/, is the nation's first and largest facilities-based competitive provider of bundled phone, cable and high-speed Internet services delivered over its own fiber-optic local network to consumers in the most densely populated markets in the U.S. RCN provides service in the Boston, New York, Eastern Pennsylvania, Washington, D.C., Chicago, San Francisco and Los Angeles metropolitan markets.

RCN Forward-Looking Statements

This press release contains forward-looking statements regarding future events and future performance of RCN that involve risks and uncertainties that could materially affect actual results. This information is qualified in its entirety by cautionary statements and risk factors disclosure contained in certain of RCN's Securities and Exchange Commission filings. For a description of certain factors that could cause actual results to vary from current expectations and forward-looking statements contained in this press release, refer to documents that RCN files from time to time with the Securities and Exchange Commission.

DATASOURCE: RCN Corporation

CONTACT: Richard Ramlall, SVP of Strategic and External Affairs, RCN

Corporation, +1-609-734-3772

Web site: http://www.harlempark.com/

Web site: http://www.rcn.com/

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