There are two components to this agreement and both are in-line with Williams network strategy. First, we are using the funds from dark fiber sales to fuel the economical construction of our rapidly expanding network. Additionally, and of equal significance, is the opportunity to provide ongoing colocation and network services resulting in recurring revenue to Williams. Using OC 192 transport systems with Dense Wavelength Division Multiplexing, the Williams network delivers up to 160 Gbps in 16 waves on a single-fiber. Williams, through its subsidiaries, provides a full range of traditional and leading-edge communications and energy services, and is the nation's largest volume transporter of natural gas.
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Although the company believes any such statements are based on reasonable assumptions, there is no assurance that actual outcomes will not be materially different. Additional information about issues that could lead to material changes in performance is contained in the company's annual reports filed with the Securities and Exchange Commission.