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wiredInUSA - February 2014
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Time Warner Cable Inc has completed its
acquisition of DukeNet Communications,
LLC. The $600 million purchase adds over
8,700 route miles to a fiber optic network
that serves business customers in the
southeast, including North and South
Carolina.
Phil Meeks, executive vice president
and chief operating officer for business
services at Time Warner Cable, welcomed
the company’s new customers, adding:
“We’re also very excited for our existing
customers, as this additional fiber capacity
will enable us to extend our fiber reach
and help them connect to our network
from more business locations.”
TimeWarner CableBusinessClass (TWCBC)
anticipates utilizing the additional fiber to
connect and serve business customers
who need services such as voice,
high-speed Internet and cloud-enabled
hosting. In addition, TWCBC anticipates
utilizing the additional fiber capacity to
further grow its carrier business, providing
network access to wireless providers.
During summer 2013, TWCBC announced
it was providing services for over 10,000
cell towers around the country.
Time Warner’s $600m deal