360networks sells more than 25 percent capacity on transatlantic network

April 4, 2001
Apr. 4, 2001--360networks announced significant sales of network services on its undersea networks including 360atlantic, the company's high-bandwidth cable linking the United States, Canada, Ireland and the United Kingdom.

360networks announced significant sales of network services on its undersea networks including 360atlantic, the company's high-bandwidth cable linking the United States, Canada, Ireland and the United Kingdom.

In the first quarter of 2001, 360networks completed sales totaling more than $475 million to major carriers and network service providers for services on 360atlantic, 360americas, 360asia, 360pacific as well as on its North American network.

According to the company, 360atlantic is the first multi-terabit transatlantic system with a fully protected ring configuration to be ready for service. In addition, 360atlantic is a transatlantic cable that provides a direct connection between North America and Ireland. It supports 10 gigabits per second of data on a single channel and offers total system capacity of 1.92 terabits per second.

360asia is a 1.92 terabit-per-second undersea network under joint development with SingTel subsidiary C2C that will link Japan, Taiwan, the Philippines, South Korea, China, Hong Kong and Singapore by the end of the year. 360americas is a 1.28 terabit-per-second undersea cable that currently links the United States, Brazil, Venezuela and Bermuda, and will further connect Argentina in the third quarter of this year. 360pacific will be a six-fiber pair undersea transpacific system linking Canada, the United States and Japan, and offering up to 4.8 terabits per second of capacity.

During the quarter, 360networks also acquired portable broadband services on Pacific and Asian undersea networks, as well as dark fiber and lit capacity on European long-haul networks and metropolitan networks in Europe and North America for a total of $225 million to be paid in 2001 and 2002. These services enable 360networks to expedite market penetration in important overseas markets.

About 360networks:

360networks (NASDAQ: TSIX and TSE: TSX) offers network services to telecommunications and data-centric organizations. For more information, visit www.360.net.

Sponsored Recommendations

Data Center Interconnection

June 18, 2024
Join us for an interactive discussion on the growing data center interconnection market. Learn about the role of coherent pluggable optics, new connectivity technologies, and ...

The Journey to 1.6 Terabit Ethernet

May 24, 2024
Embark on a journey into the future of connectivity as the leaders of the IEEE P802.3dj Task Force unveil the groundbreaking strides towards 1.6 Terabit Ethernet, revolutionizing...

The Pluggable Transceiver Revolution

May 30, 2024
Discover the revolution of pluggable transceivers in our upcoming webinar, where we delve into the advancements propelling 400G and 800G coherent optics. Learn how these innovations...

From 100G to 1.6T: Navigating Timing in the New Era of High-Speed Optical Networks

Feb. 19, 2024
Discover the dynamic landscape of hyperscale data centers as they embrace accelerated AI/ML growth, propelling a transition from 100G to 400G and even 800G optical connectivity...