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Williams Communications, Worldwide Fiber Sign Deal

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TULSA, Okla., Dec. 21 -- Williams Communications Inc. announced that its network unit has signed an agreement to sell services and fiber capacity to Worldwide Fiber Inc., in a deal valued at $26.5 million. Worldwide Fiber plans to use the fibers, which are located primarily in the northeastern US, to expand its national network. Under the 20-year agreement, Worldwide Fiber will provide Williams Communications with monthly revenue for collocation and network maintenance services. The two companies characterized their relationship as long-standing. Earlier this year, Williams...Read full article

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    Published: December 1999
    Communicationsfiber opticsNews & Features

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