German network segment ready for commercial service
Vancouver and London - 360networks announced today that it has lit 6,100 kilometres (3,800 miles) of its European fibre optic network. Spanning the United Kingdom, France, Germany and Holland, this network segment will soon provide seamless connectivity between 16 major cities including London, Manchester, Paris, Amsterdam, Dusseldorf, Berlin, Frankfurt and Hamburg.
A 3,000 kilometre (1,900 mile) section of the European network in Germany is ready for commercial service, pending German regulatory approval. The remaining sections in Western Europe are scheduled to enter service next month, while 360atlantic, the transatlantic cable between Europe and North America, is scheduled for service by the second quarter.
In addition, 360networks plans to light up a 3,000 kilometre (1,900 mile) segment connecting Denmark, Norway and Sweden in May. The entire 19,300 kilometre (12,000 mile) European network is on schedule to enter commercial service by the end of this year.
"This marks an important milestone in our aggressive European rollout of broadband and colocation services," said Ashwin Chitamun, vice-president of 360networks' European division. "Our lit network will provide our customers in Western Europe seamless connectivity to our extensive global network linking four continents."
The initial bandwidth capacity of this network segment will be on average 60 gigabits per second. The capacity can be increased up to 9.6 terabits per second, based on customer demand.
To ensure optimum network performance, 360networks' European Networks Operation Centre in Maidenhead, United Kingdom monitors the company's global network 24 hours a day, 7 days a week.
Globally, 360networks is deploying a fibre optic mesh network that provides major competitive advantages, including scalability and flexibility. The advanced architecture enables the company to introduce new services and revenue streams more quickly, as well as provision services in hours - compared to the weeks it takes other carriers with traditional ring network architectures. 360networks also lights only the portions of the network it requires, resulting in greater efficiency and lower costs.
360networks (NASDAQ: TSIX and TSE: TSX) offers broadband network and colocation services to telecommunications and data-centric organisations. 360networks is developing one of the largest and most technologically advanced fibre optic mesh networks in the world. By mid-2002, the planned network will span 143,000 kilometres (89,000 miles) and link more than 100 major cities with terrestrial routes and submarine cables joining North America, South America, Asia and Europe. 360networks is also developing nearly 3.7 million square feet of network and server colocation space. More information is available at http://www.360.net
Forward looking statements: This document may contain statements about expected future events and financial results that are forward looking in nature and as a result, are subject to certain risks and uncertainties. Scheduled completion of network segments may not be met because of factors, such as construction, permitting or licensing delays. Actual results may differ materially from those projected by management. For such statements, we claim the safe harbour for "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995.
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