<PAGE> 1
Filed Pursuant to Rule 424 (b)(3)
Registration No. 333-50026
7.50% Convertible Subordinated Notes due 2007
CUSIP No. 019496 AB 4
ALLIED RISER COMMUNICATIONS CORPORATION
PROSPECTUS SUPPLEMENT DATED JANUARY 19, 2001
TO PROSPECTUS DATED DECEMBER 15, 2000
The selling security holders table on page 16 of the prospectus is hereby
amended to update the information regarding the following entities in the
prospectus and their respective amounts of 7.50% convertible subordinated notes
due 2007.
<TABLE>
<CAPTION>
CONVERTIBLE NOTES COMMON STOCK
---------------------------------------- -------------------------------
PRINCIPAL AMOUNT PRINCIPAL AMOUNT
OF CONVERTIBLE OF CONVERTIBLE NUMBER OF NUMBER OF
NAME OF SELLING SECURITY HOLDER NOTES OWNED NOTES OFFERED SHARES OWNED SHARES OFFERED
------------------------------- ---------------- ----------------- ------------ --------------
<S> <C> <C> <C> <C>
Black Diamond Offshore, Ltd. $ 432,000.00 $ 432,000.00 0 0
Convexity Partners LP $ 250,000.00 $ 250,000.00 0 0
Double Black Diamond Offshore, LDC $1,490,000.00 $1,490,000.00 0 0
Elliot Associates, L.P. $3,500,000.00 $3,500,000.00 0 0
Global Capital Securities Corporation $ 100,000.00 $ 100,000.00 0 0
Lonestar Partners, LP $ 500,000.00 $ 500,000.00 0 0
Ventana Partners, L.P. $ 500,000.00 $ 500,000.00 0 0
Worldwide Transactions, Ltd. $ 75,000.00 $ 75,000.00 0 0
</TABLE>
