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DukeNet Communications

From Wikipedia, the free encyclopedia

DukeNet Communications
Native name
DukeNet
IndustryTelecom and internet infrastructure
HeadquartersCharlotte, North Carolina, United States
Key people
Brad Davis President and CEO,
Tony Cockerham, COO,
ProductsBandwidth infrastructure and colocation
Number of employees
100+
WebsiteDukeNet.com

DukeNet Communications was a telecom and internet infrastructure company that serves the southeastern United States. Products include a metro and long haul fiber-optic network capable of 100 Gbit/s bandwidth.[1]

Formed in 1994 as the telecommunications arm of Duke Energy, DukeNet primarily offered wholesale fiber transport services until moving into the newly developing Fiber to the Tower (FTTT) space in 2006. As of 2012, DukeNet is among the top 10 FTTT providers in the United States.[2] In December 2010, Duke Energy and Alinda Capital Partners LLC formed a joint venture to grow DukeNet Communications in the enterprise and data center space.[3][4] On October 7, 2013, Time Warner Cable (later bought by Charter Communications in 2016) announced that it had agreed to acquire DukeNet Communications LLC for $600 million, and on January 6, 2014, the deal officially closed.[5][6][7]

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References

  1. ^ Buckley, Sean. "DukeNet completes its core 100G network upgrade". Fierce Telecom. Retrieved August 7, 2013.
  2. ^ Powell, Robert (November 26, 2012). "Counting the On-net Towers | Telecom Ramblings". Telecom Ramblings. Retrieved August 7, 2013.
  3. ^ Efthimiou, Greg. "Duke Energy Forms Joint Venture with Alinda Capital Partners to Grow DukeNet Communications - Duke Energy". Duke Energy. Archived from the original on December 11, 2011. Retrieved August 7, 2013.
  4. ^ Bird, Julie. "DukeNet's expansion fuels growth in revenue, service". Charlotte Business Journal. Retrieved August 7, 2013.
  5. ^ "Time Warner Cable to acquire Regional Fiber Optic Network Company DukeNet Communications". Archived from the original on September 24, 2016. Retrieved October 8, 2013.
  6. ^ Turner, Nick. "Time Warner Cable Agrees to Acquire DukeNet for $600 Million - Bloomberg". Bloomberg. Retrieved October 8, 2013.
  7. ^ "Time Warner Cable Completes Acquisition of DukeNet Communications". The Wall Street Journal. Retrieved January 11, 2014.
This page was last edited on 26 April 2024, at 02:32
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