DukeNet Communications was a
telecom and
internet
The Internet (or internet) is the global system of interconnected computer networks that uses the Internet protocol suite (TCP/IP) to communicate between networks and devices. It is a '' network of networks'' that consists of private, pub ...
infrastructure company that serves the southeastern United States. Products include a metro and long haul fiber-optic network capable of 100 Gbit/s bandwidth.
Formed in 1994 as the telecommunications arm of
Duke Energy
Duke Energy Corporation is an American electric power and natural gas holding company headquartered in Charlotte, North Carolina.
Overview
Based in Charlotte, North Carolina, Duke Energy owns 58,200 megawatts of base-load and peak generation in ...
, DukeNet primarily offered wholesale fiber transport services until moving into the newly developing Fiber to the Tower (FTTT) space in 2006. , DukeNet is among the top 10 FTTT providers in the United States.
In December 2010, Duke Energy and Alinda Capital Partners LLC formed a joint venture to grow DukeNet Communications in the enterprise and data center space.
On October 7, 2013,
Time Warner Cable
Time Warner Cable, Inc. (TWC) was an American cable television company. Before it was acquired by Charter Communications on May 18, 2016, it was ranked the second largest cable company in the United States by revenue behind only Comcast, operat ...
(later bought by
Charter Communications
Charter Communications, Inc., is an American telecommunications and mass media company with services branded as Spectrum. With over 32 million customers in 41 states, it is the second-largest cable operator in the United States by subscribers, ...
in 2016) announced that it had agreed to acquire DukeNet Communications LLC for $600 million, and on January 6, 2014, the deal officially closed.
References
{{DEFAULTSORT:DukeNet Communications
Fiber optics