RCN Rings NASDAQ Closing Bell
Company Hails 'New Beginning,' Will Focus on Core Business: Bundled 'Triple
Play' of Cable TV, Internet & Phone Services
NEW YORK, April 7 /PRNewswire-FirstCall/ -- RCN Corporation (NASDAQ:RCNI), a
leading provider of total communications service, today participated in the
closing bell ceremony of The NASDAQ Stock Market. RCN, whose common stock
began trading on NASDAQ 17 days ago, is the first single- source provider of
bundled telephone, cable and high-speed Internet services.
"This day marks a new beginning for RCN. We stand here with a new focus, a new
brand, a new and experienced senior management team, a newly constituted Board
of Directors, and importantly, a strengthened balance sheet," RCN Chairman
James F. Mooney said. "Our NASDAQ listing enhances our market exposure and
increases our visibility to a broad spectrum of investors." "We also have a renewed focus on operations and a commitment to provide our
customers with the most efficient, highest-quality, state-of-the-art broadband
services," said RCN President and CEO Peter Aquino. "RCN continues to
strengthen its core business of providing its bundled 'triple play' of cable
television, high-speed Internet and telephone services via our state-of-
the-art broadband network." RCN officials said that RCN continues its trend-setting history of providing
innovative services, such as WebWatch, its remote home monitoring solution, and
MegaModem Mach10(SM), the fastest residential cable modem.
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.rcn.com/
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