November 17, 2003 — (WEB HOST INDUSTRY REVIEW) — Qwest Communications (qwest.com) said
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Friday it would purchase certain assets from 360networks Corporation to
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help extend its nationwide high-speed data network.
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As part of the agreement, Qwest will purchase several fiber network routes
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from Vancouver-based 360networks, including Seattle to Billings, Mont.;
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Billings, Mont. to Denver; Denver to Colorado Springs, Colo.; and Billings,
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Mont. to Minneapolis.
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The company also said it would purchase assets from Touch America allowing
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Qwest to support hundreds of frame relay and asynchronous transfer mode
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(ATM) customers.
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The agreement is expected to close in the fourth quarter of 2003, pending
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bankruptcy court approval. Qwest said 360networks has committed to
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supporting the transition of customers from Touch America to Qwest or
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another provider.
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Qwest Communications is based in Denver, Colorado.
