March 9, 2010
Company expanded coverage, customer base, service offerings and revenue
SEATTLE, WA – March 9, 2010 — 360networks, a facilities-based full service wholesaler of VoIP, Transport, IP, and Local Access services, today announced 2009 as a year when the company expanded its coverage, customer base, service offerings, and revenue.
“2009 presented a challenging business climate for the nation and most industries,” said Rob Frasene, president of 360networks. “However, despite the economic turmoil we experienced our best year on record and were able to invest in our infrastructure to better enable next generation services like hosted VoIP, SIP trunking, content delivery, and other web based IP applications.”
In 2009, 360networks added nine new markets to its western U.S. coverage in California (Brawley, Palmdale, Palo Alto, and San Jose) Washington (Everett, Omak, and Oroville), Oregon (Hillsboro), and Idaho (Gooding). It also added 185 rate centers in California, South Dakota and Texas covering 9.7 million people. Today, 360networks’ VoIP coverage includes over 68 million people in over 1400 rate centers.
360networks added ILEC collocation in nine existing markets in Montana (Billings, Bozeman, Great Falls, and Helena), Idaho (Boise), Wyoming (Casper and Cheyenne), and Colorado (Colorado Springs and Denver).
Also in 2009, the company introduced new Single Point of Interconnection (SPI) and Direct Internet Access (DIA) Services.
“Despite being an expansion year for 360networks, we were able to increase revenue, margins and free cash flow,” continued Mr. Frasene. “We plan to continue our expansion this year to create more opportunities on our fiber-based infrastructure, and to roll out new wholesale services that support our customers’ current and future communication needs.”
360networks is a full service wholesaler of VoIP, Transport, IP, and Local Access services on its wholly owned fiber optic backbone. Its facilities-based network provides deep coverage, spanning over 17,000 miles to over 75 tier 1 to 4 western U.S. markets (Arizona, California, Colorado, Idaho, Illinois, Iowa, Minnesota, Montana, Nebraska, Nevada, New Mexico, North Dakota, Oregon, Texas, Utah, Washington, and Wyoming). Financially stable and a CLEC in 36 states, 360networks enables the nation’s voice, data and web-based application and service providers to quickly pursue next generation strategies, migrate from legacy networks, grow into new markets and services, and increase network diversity. www.360networks.com.
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360networks and VoIP360 are registered service marks of 360networks corporation in the United States and/or other countries.