wiredinUSA February 2014

Time Warner’s $600m deal

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.

wiredInUSA - February 2014

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