The concept behind FiberCo™ is to help provide inter-city dark fiber to regional optical networks with the benefit of a national-scale contract and aggregate price levels. The responsibility for lighting this fiber will rest with the regional networks

A secondary objective is to insure that the U.S. research university collective maintains access to a strategic fiber acquisition capability on the national scale for future initiatives.

FiberCo has executed two agreements with Level 3 Communications that 1) provide it with an initial allocation of over 10,000 route-mi of dark fiber anywhere on Level 3's national footprint and 2) set the ongoing costs for fiber maintenance and equipment co-location.