WAYNESBORO, Va.–(Business Wire)–Lumos Networks Corp. (“Lumos Networks”) (NASDAQ: LMOS), a leading fiber-based service provider in the mid-Atlantic region, is now offering SecurityCoverage’s Tech Home managed solutions to the more than 18,000 residences passed by the Company’s advanced fiber footprint. Lumos’ Gigabit FAST fiber service offerings, with internet speed up to One Gigabit per second, is available to all of these 18,000 residences.
Tech Home managed solutions provide a unique combination of Internet & data security software, cloud backup, and 24|7 premium technical support for most Connected Home and Consumer Electronic (CE) devices. Tech Home is available in three different levels to meet the varying needs of consumers based on the quantity of devices in their home and the desired level of support.
“We’re ecstatic to partner with Lumos Networks. They are a customer-centric company that wants to ensure a secure and seamless digital experience for their subscribers,” said Armond Dawson, Director of Partner Development at SecurityCoverage, Inc.
Mr. Dawson added, “Lumos Networks clearly understands that home networks are becoming increasingly complex with the growing number of interconnected devices, and Tech Home is available in different levels to meet the needs of each customer.”
“We are excited to begin offering our customers the high-quality Internet security, cloud backup, and password management solutions included in the Tech Home Protect and Tech Home Protect Plus plans,” said Diego Anderson, Senior Vice President and General Manager, Residential and Small Business for Lumos Networks.
Mr. Anderson continued, “Our customers that want both an Internet security suite and premium technical support for their home will be impressed with the value of the Tech Home Support plan. Tech Home provides the level of security and technical support needed to deliver peace of mind to our customers who will no longer need to worry about computer viruses, forgetting passwords, and connectivity issues for their tech devices.”
“This partnership aligns well with our Broadband strategy and further strengthens consumer support capabilities as we expand IP based service offerings with higher speeds,” added Mr. Anderson. “This program certainly enables more robust customer support.”
For more information on Tech Home and other Lumos Networks products and services please visit www.lumosnetworks.com/products.
About SecurityCoverage
SecurityCoverage, Inc. is a leading provider of mobile and desktop security software, data protection, file backup and technical support services. Founded in 2003 with a clear mission to simplify the use of technology and provide world class customer service, we remain relentlessly dedicated to protecting consumer devices and personal data. Today, nearly 400 providers from diverse markets like broadband, telecommunications, cable, mobile, retail and warranty partner with SecurityCoverage to create new revenue streams and own their customer experience. Product and company information is available at www.securitycoverage.com.
About Lumos Networks
Lumos Networks is a leading fiber-based service provider in the Mid-Atlantic region serving Carrier, Enterprise and Data Center customers, offering end-to-end connectivity in 24 markets in Virginia, Pennsylvania, West Virginia, Maryland, Ohio and Kentucky. With a fiber network of 8,985 fiber route miles and more than 436,000 total fiber strand miles, Lumos Networks connects 1,295 unique Fiber to the Cell sites, 1,636 total FTTC connections, 36 data centers, including 7 company owned co-location facilities, 1,922 on-net buildings and over 3,200 total on-net locations. In 2015, Lumos Networks generated over $114 million in Data revenue and over $51 million in Adjusted EBITDA over our fiber network. Detailed information about Lumos Networks is available at www.lumosnetworks.com.
SPECIAL NOTE FROM THE COMPANY REGARDING FORWARD-LOOKING STATEMENTS
Any statements contained in this presentation that are not statements of historical fact, including statements about our beliefs and expectations, are forward-looking statements and should be evaluated as such. The words “anticipates,” “believes,” “expects,” “intends,” “plans,” “estimates,” “targets,” “projects,” “should,” “may,” “will” and similar words and expressions are intended to identify forward-looking statements. Such forward-looking statements reflect, among other things, our current expectations, plans and strategies, and anticipated financial results, all of which are subject to known and unknown risks, uncertainties and factors that may cause our actual results to differ materially from those expressed or implied by these forward-looking statements. Many of these risks are beyond our ability to control or predict. Because of these risks, uncertainties and assumptions, you should not place undue reliance on these forward-looking statements. Furthermore, forward-looking statements speak only as of the date they are made. We do not undertake any obligation to update or review any forward-looking information, whether as a result of new information, future events or otherwise. Important factors with respect to any such forward-looking statements, including certain risks and uncertainties that could cause actual results to differ from those contained in the forward-looking statements, include, but are not limited to: rapid development and intense competition with resulting pricing pressure in the telecommunications and high speed data transport industry; our ability to grow our data business on an organic or inorganic basis in order to offset expected revenue declines in legacy voice and access products; our ability to obtain new carrier contracts or expand services under existing carrier contracts at competitive pricing levels to offset churn and achieve revenue growth from our carrier businesses; our ability to divest our legacy business on a timely basis; our ability to effectively allocate capital and timely implement network expansion plans necessary to accommodate organic growth initiatives; our ability to complete customer installations in a timely manner; adverse economic conditions; operating and financial restrictions imposed by our senior credit facility and our unsecured debt obligations; our cash and capital requirements; our ability to maintain and enhance our network; the potential to experience a high rate of customer turnover; federal and state regulatory fees, requirements and developments; our reliance on certain suppliers and vendors; and other unforeseen difficulties that may occur. These risks and uncertainties are not intended to represent a complete list of all risks and uncertainties inherent in our business, and should be read in conjunction with the more detailed cautionary statements and risk factors included in our SEC filings, including our Annual Report filed on Form 10-K.
View source version on businesswire.com: http://www.businesswire.com/news/home/20161020005889/en/
Lumos Networks Corp.
Will Davis
Senior Vice President of Marketing and Investor Relations
Chief of Staff
Phone: (c) 917-519-6994
Email: [email protected]