DukeNet Communications

DukeNet Communications
Native name
DukeNet
Industry Telecom and internet infrastructure
Headquarters Charlotte, North Carolina, USA
Key people
Brad Davis President and CEO,
Tony Cockerham, COO,
Products Bandwidth infrastructure and colocation
Number of employees
100+
Website DukeNet.com

DukeNet Communications is 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 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]

References

  1. Buckley, Sean. Fierce Telecom http://www.fiercetelecom.com/story/dukenet-completes-its-core-100g-network-upgrade/2013-05-13. Retrieved 7 August 2013. Missing or empty |title= (help)
  2. Powell, Robert. Telecom Ramblings http://www.telecomramblings.com/2012/11/counting-the-on-net-towers/. Retrieved 7 August 2013. Missing or empty |title= (help)
  3. Efthimiou, Greg. Duke Energy http://www.duke-energy.com/news/releases/2010062501.asp. Retrieved 7 August 2013. Missing or empty |title= (help)
  4. Bird, Julie. "DukeNet’s expansion fuels growth in revenue, service". Charlotte Business Journal. Retrieved 7 August 2013.
  5. "Time Warner Cable to acquire Regional Fiber Optic Network Company DukeNet Communications". Retrieved 8 October 2013.
  6. Turner, Nick. "Time Warner Cable Agrees to Acquire DukeNet for $600 Million - Bloomberg". Bloomberg. Retrieved 8 October 2013.
  7. "Time Warner Cable Completes Acquisition of DukeNet Communications". The Wall Street Journal. Retrieved 11 January 2014.
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