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Dynegy Completes Sale of US Unit To 360networks

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HOUSTON, May 15 -- Dynegy Inc. announced it has closed the sale of its US communications business to an affiliate of Vancouver-based broadband network services provider 360networks Corp. Financial terms were not disclosed. The agreement to sell this business was announced on March 31. 360networks assumes Dynegy's high-capacity broadband network, which spans more than 16,000 route miles with 65 wholesale customers and access points in 44 US cities. It has also taken on Dynegy's existing customer base, its remaining fiber leases and its colocation facilities. "Today's closing of the transaction...Read full article

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    Published: May 2003
    360networksbroadband networkbroadband servicesCommunicationsDynegyNews & Features

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