MFN Sells Single Phoenix Conduit to AGL Networks

Metromedia Fiber Network sold a single conduit in portions of its Phoenix, Arizona network to AGL Networks. A remaining conduit will stay under the ownership and operation of MFN and the company will continue it business of leasing dark fiber to enterprise and carrier customers. MFN said that despite the sale, it remains the only licensed dark fiber provider in the Phoenix area. Financial terms were not disclosed.

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