Connecticut Telephone Announces Headquarters Move to Hartford

Connecticut Telephone and Communications Systems, Inc., a privately held telecommunications service provider, announced today that it will re-locate its headquarters from Wallingford to a state-of-the-art office facility at One Talcott Plaza in Hartford. The move is directly related to the companys previously announced acquisition of a statewide broadband network.

Wallingford, CT, May 3, 2001 -- Connecticut Telephone and Communications Systems, Inc., a privately held telecommunications service provider, announced today that it will re-locate its headquarters from Wallingford to a state-of-the-art office facility at One Talcott Plaza in Hartford. The move is directly related to the companys previously announced acquisition of a statewide broadband network.

David Epstein, Connecticut Telephones President and CEO, said that the location was chosen in part to accelerate the companys broadband network deployment this summer. Our new facility is situated at the intersection of I-91 and I-84 which means that we have the necessary access to high capacity tier one fiber optic transport facilities from multiple providers. Given our 'Connecticut-centric focus I cant think of a more appropriate place for us to base our company than the states capital."

Connecticut Telephone worked closely with representatives of the State of Connecticut Department of Economic & Community Development, who were instrumental in identifying appropriate space and community resources which would foster the companys business plan and facilitate future job growth in Hartford.

In addition, the Hartford Economic Development Commission and the City of Hartford contributed their efforts to facilitate the relocation effort. Responding to todays announcement Mayor Mike Peters said, We saw a great opportunity to embrace a cutting-edge broadband provider that is exclusively focused on the needs of Connecticut businesses. Were proud of the fact that Hartford was able to meet the substantial infrastructure and human resource needs demanded by a company like Connecticut Telephone."

On April 2, Connecticut Telephone announced the purchase of an end-to-end Cisco network covering approximately 70% of the states population. The seventeen-year-old company is now poised to become the only facilities based broadband provider exclusively dedicated to providing service to Connecticut customers.

About Connecticut Telephone

Founded in 1985, Connecticut Telephone is Connecticuts largest independent telecommunications service provider and its only facility based provider focused solely on the state of Connecticut. It currently provides local phone, long distance, cellular, paging and Internet access services to over 110,000 business and residential customers in Connecticut.