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360networks

Colocation Firm Zayo Raises $315M to Complete 360Networks Acquisition

December 7, 2011 — Colocation provider Zayo Group announced on Tuesday it has completed its latest round of fund raising totaling $315 million in a five-year term loan, which it will use to complete its acquisition of telecommunications provider 360networks. Zayo Group first announced in October acquire it would acquire 360networks.

Colocation Firm Zayo Buys Telecommunications Firm 360networks

October 11, 2011 — Colocation provider Zayo Group announced on Friday it will acquire fiber network and telecommunications provider 360networks. The financial terms have not been disclosed. The acquisition combines Zayo’s deep metropolitan fiber networks across 60 US metropolitan markets and 360networks’ intercity fiber network spanning the central and western United States.

Infinera CEO Wins Leadership Award

October 19, 2007 — Optical network system provider Infinera announced on Friday that its CEO Jagdeep Singh was named Person of the Year in telecommunication news website Light Reading’s Leading Lights Awards for 2007.

360networks Selects Infinera Network

October 9, 2007 — Optical network system provider Infinera announced on Monday that telecommunications provider 360networks has selected it for its regional network in the western United States.

Qwest to Purchase Network Assets

November 17, 2003 — (WEB HOST INDUSTRY REVIEW) — Qwest Communications (qwest.com) said

Williams Communications files for Chapter 11

April 23, 2002 — (WEB HOST INDUSTRY REVIEW) — Williams Communications Group (Williamscommunications.com) filed for Chapter 11 bankruptcy protection yesterday, in a bid to restructure its debt. The company amassed $5.9 billion in debt constructing a 33,000-mile fiber-optic network that transmits video, voice and data signals throughout the continental United States.

North American Fiber Woes Head to Europe

February 20, 2002 – Both companies and investors alike have been burned over the past months by the well-publicized financial troubles of North American telcos and network carriers. And if recent events are any indication, it would appear the problem is spreading to Europe as well.

OptiGlobe Launches Rio de Janeiro Data Center

April 25, 2001 — OptiGlobe (www.optiglobe.com), a leading provider of enterprise and Internet Data Center services in Latin America, announced on Wednesday that it has opened its third data center. The $100 million new facility, located in Rio de Janeiro, Brazil has 104,000 square feet of space and can host up to 7,500 servers in its initial configuration. The facility is designed to be expandable to a total of 312,000 square feet.