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360Networks to Acquire IP Service Provider NetRail

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VANCOUVER, B.C., Canada, Feb 21 -- 360networks announced plans to acquire NetRail Inc., a Tier 1 wholesale IP service provider, in an all-stock transaction. NetRail is an Atlanta-based independent provider of broadband services in the US. NetRail's leased backbone network spans 32,000 kilometers and includes more than 50 points of presence (POPs) nationwide. NetRail's customers include telecommunications companies, Internet service providers and application service providers.     "This acquisition accelerates our entry into the IP services market due to NetRail's established peering...Read full article

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    Published: February 2001
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