Broadwing (NASDAQ:BWNG)
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From May 2019 to May 2024
Broadwing Communications, LLC, a consolidated subsidiary of Broadwing
Corporation (NASDAQ:BWNG), today announced that it is delivering a
converged services platform enhancement that will enable real
pay-for-use metered billing to customers. Metered billing extends
Broadwing’s commitment to data networking
simplicity, flexibility, and efficiency. The solution is ideally suited
for customers with cyclical traffic patterns, business continuity
requirements or transactional accounting needs. The service will be
generally available in November of this year.
Different from burstable service options that charge for an enterprise’s
traffic "high-water mark," Broadwing metered billing is based on the
actual amount of data delivered across the network - a true pay-for-use
utility. The result is a converged MPLS VPN platform that supports
on-demand, liquid bandwidth.
"Broadwing's Converged Service Network was industry-leading when they
launched it, and it remains unique today with the telecom utility
concept,” said Stan Hubbard, senior analyst
with Heavy Reading. “The new metered billing
option is another example of Broadwing directly addressing customer
requirements differently than other service providers."
Currently customers with disaster recovery, intermittent or seasonal
needs must either pay based on a complicated formula to approximate
sustained usage levels or manually adjust their port bandwidth
allocations. With Broadwing’s new metered
billing option, customers are able to “set and
forget” their port configurations and simply
run their network traffic as their business environment dictates.
The new option is ideally suited for professional services organizations
with periodic reporting requirements, transaction-based service
companies, and businesses with backup network requirements for natural
disaster, pandemic, or other major service disruptions.
"Metered billing and Broadwing’s vision
of true telecom utility are a natural fit for today's enterprise needs,”
said Jamey Heinze, Broadwing’s senior director
of data product management. “We know that our
customers deal with rapidly changing business environments and this is
one more way we can help them.”
Isolated from the Public Internet to increase security, the Broadwing
Converged Network provides Broadwing customers with the flexibility to
plug their applications into a single platform using existing last-mile
technology – whether that is Ethernet, frame
relay, asynchronous transfer mode (ATM), private line or digital
subscriber line (DSL). Once Broadwing customers plug into the Converged
Network, they can choose to support their communications services using
either a Layer 2 Virtual Private LAN (VPLS) or a Layer 3 IP
Multiprotocol Label Switching (MPLS) VPN – or
both – depending on their individual
security, application and control requirements.
About Broadwing Corporation
Broadwing Corporation (NASDAQ:BWNG), through its consolidated subsidiary
Broadwing Communications, LLC (Broadwing) delivers innovative data,
voice, and media solutions to enterprises and service providers. Enabled
by its leading-edge optical network and award-winning products and
services, Broadwing Communications provides communications solutions
with unparalleled customer focus and speed. For more information, visit www.broadwing.com.
Broadwing and its logo are trademarks and/or service marks of
Broadwing Communications, LLC, and/or Broadwing Corporation. All
trademarks and service marks not belonging to Broadwing are the property
of their respective owners.
Investor Note Regarding
Forward-Looking Statements
Statements in this press release regarding Broadwing Corporation
and/or Broadwing Communications, LLC (collectively “Broadwing”),
that are not statements of historical fact may include forward-looking
statements, and statements regarding Broadwing’s
beliefs, plans, expectations or intentions regarding the future are
forward-looking statements, within the meaning of Section 27A of the
Securities Act of 1933, as amended and Section 21E of the Securities
Exchange Act of 1934, as amended. All such forward-looking statements
are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Broadwing's actual results
could differ materially from these statements.
Broadwing Communications, LLC, a consolidated subsidiary of
Broadwing Corporation (NASDAQ:BWNG), today announced that it is
delivering a converged services platform enhancement that will enable
real pay-for-use metered billing to customers. Metered billing extends
Broadwing's commitment to data networking simplicity, flexibility, and
efficiency. The solution is ideally suited for customers with cyclical
traffic patterns, business continuity requirements or transactional
accounting needs. The service will be generally available in November
of this year.
Different from burstable service options that charge for an
enterprise's traffic "high-water mark," Broadwing metered billing is
based on the actual amount of data delivered across the network - a
true pay-for-use utility. The result is a converged MPLS VPN platform
that supports on-demand, liquid bandwidth.
"Broadwing's Converged Service Network was industry-leading when
they launched it, and it remains unique today with the telecom utility
concept," said Stan Hubbard, senior analyst with Heavy Reading. "The
new metered billing option is another example of Broadwing directly
addressing customer requirements differently than other service
providers."
Currently customers with disaster recovery, intermittent or
seasonal needs must either pay based on a complicated formula to
approximate sustained usage levels or manually adjust their port
bandwidth allocations. With Broadwing's new metered billing option,
customers are able to "set and forget" their port configurations and
simply run their network traffic as their business environment
dictates.
The new option is ideally suited for professional services
organizations with periodic reporting requirements, transaction-based
service companies, and businesses with backup network requirements for
natural disaster, pandemic, or other major service disruptions.
"Metered billing and Broadwing's vision of true telecom utility
are a natural fit for today's enterprise needs," said Jamey Heinze,
Broadwing's senior director of data product management. "We know that
our customers deal with rapidly changing business environments and
this is one more way we can help them."
Isolated from the Public Internet to increase security, the
Broadwing Converged Network provides Broadwing customers with the
flexibility to plug their applications into a single platform using
existing last-mile technology - whether that is Ethernet, frame relay,
asynchronous transfer mode (ATM), private line or digital subscriber
line (DSL). Once Broadwing customers plug into the Converged Network,
they can choose to support their communications services using either
a Layer 2 Virtual Private LAN (VPLS) or a Layer 3 IP Multiprotocol
Label Switching (MPLS) VPN - or both - depending on their individual
security, application and control requirements.
About Broadwing Corporation
Broadwing Corporation (NASDAQ:BWNG), through its consolidated
subsidiary Broadwing Communications, LLC (Broadwing) delivers
innovative data, voice, and media solutions to enterprises and service
providers. Enabled by its leading-edge optical network and
award-winning products and services, Broadwing Communications provides
communications solutions with unparalleled customer focus and speed.
For more information, visit www.broadwing.com.
Broadwing and its logo are trademarks and/or service marks of
Broadwing Communications, LLC, and/or Broadwing Corporation. All
trademarks and service marks not belonging to Broadwing are the
property of their respective owners.
Investor Note Regarding Forward-Looking Statements
Statements in this press release regarding Broadwing Corporation
and/or Broadwing Communications, LLC (collectively "Broadwing"), that
are not statements of historical fact may include forward-looking
statements, and statements regarding Broadwing's beliefs, plans,
expectations or intentions regarding the future are forward-looking
statements, within the meaning of Section 27A of the Securities Act of
1933, as amended and Section 21E of the Securities Exchange Act of
1934, as amended. All such forward-looking statements are made
pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. Broadwing's actual results could differ
materially from these statements.