December 18, 2002
VANCOUVER -- 360networks Corporation, a leading provider of data telecommunications services, announced today that it has signed a contract with Montreal-based Videotron Telecom Ltd. (VTL) for the sale of dark fiber and the lease of network capacity. This new contract is one of several to be finalized since 360networks emerged from its restructuring in November of this year. VTL will use the dark fiber and the network capacity to further enhance its network in Ontario, Quebec and cross-border routes to the United States. The sale will add approximately 1,200 kilometers of fiber optic network to VTL's route footprint. "VTL is pleased to announce this multiple-services deal with 360networks," said VTL's chief executive officer, Eugene Marquis. "360networks was able to provide and provision the products and services we needed in a timely manner." "We are excited to partner with VTL and to announce another customer win for 360networks," said Jimmy Byrd, 360networks president and chief operating officer. "The decision to choose 360networks for network services by yet another leading Canadian telecommunications provider is further evidence of the value 360networks brings to its customers."
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