NEW YORK, NY, March 16 -- Metromedia Fiber Network GmbH, the German subsidiary of Metromedia Fiber Network, Inc., has filed for licensing with the German regulatory authorities to construct a high-speed, high-bandwidth intracity fiber network in Frankfurt am Main, the banking and brokerage center of Germany.
Metromedia Fiber Network plans initially to build approximately 32,400 fiber kilometers, covering in excess of 75 kilometers and extending the reach of the Company's previously-announced German national ring into the local German telecommunications loop. The Frankfurt network will be the Company's first intracity network in a European Tier One market, and will enable the Company to provide various types of high-bandwidth communications connectivity.