x
Optical/IP

360networks Posts $158M Q4 Revenues

VANCOUVER -- 360networks today announced record fourth quarter revenue in 2000 of $158 million, compared withan increase of 26% over $125 million in the fourth quarter of 1999. Revenue for the year ended December 31, 2000 climbed to $511 million, an increase of 42% over $360 million in 1999. Cash revenue reached $217 million in the fourth quarter of 2000 compared with $135 million in the fourth quarter of 1999. Cash revenue was $644 million for the year ended December 31, 2000 compared with $370 million in 1999.

"360networks had many key successes in the fourth quarter," said Greg Maffei, president and chief executive officer of 360networks. "We extended our network reach and service capabilities by entering into alliances with Alcatel to build a transpacific cable and Telseon to offer metro services, and agreeing to acquire NetRail, a Tier 1 IP service provider."

http://www.360.net
optinuts 12/4/2012 | 8:49:39 PM
re: 360networks Posts $158M Q4 Revenues are we going to see a writeup from LR on 360 and its impact on sycamore?
Scott Raynovich 12/4/2012 | 8:49:38 PM
re: 360networks Posts $158M Q4 Revenues Yes. Today.
HOME
Sign In
SEARCH
CLOSE
MORE
CLOSE