Time Warner Telecom extends network with acquisition of fiber assets from Enron Broadband Services in Portland

January 26, 2004

1 Min Read

PORTLAND, Ore. -- Time Warner Telecom (NASDAQ:TWTC) , a leading provider of managed voice and data networking solutions for businesses in Oregon and 21 other states, today announced the successful bid for fiber assets of Enron Broadband Services in the Portland area. Time Warner Telecom won the competitive auction on Jan. 14, 2004, with the sale closing on Jan. 22, 2004.

"This purchase enables us to serve even more Portland customers, many of whom have asked us to expand our network to their offices and buildings in the greater Portland metro area, in particular the Lloyd Center Business District," said Jon Nicholson, vice president and general manager for Time Warner Telecom in Portland. "We'll be able to deliver these new customers highly reliable, integrated voice, data and dedicated Internet services as well as providing the reach, speed, and reliability of our 4,200 route-mile, high-capacity Western Regional Network from Portland north to Seattle and Spokane and south and East to California, Arizona, and Idaho.

The asset purchase extends the Time Warner Telecom local fiber network to 158 route miles in Portland to serve local customers in the near Eastside and Lloyd Center business districts as well as Beaverton, Hillsboro, Tigard, and Vancouver, Wash. In addition, the acquisition will allow the Company to manage its metro network more efficiently.

Time Warner Telecom Inc.

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