DukeNet Communications was a
telecom and
internet
The Internet (or internet) is the Global network, global system of interconnected computer networks that uses the Internet protocol suite (TCP/IP) to communicate between networks and devices. It is a internetworking, network of networks ...
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. The company ranked as the 141st largest company in the United States in 2024 – its highest-ever placement on the ...
, 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 Enterprises LLC 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, o ...
(later bought by
Charter Communications
Charter Communications, Inc., is an American telecommunications and mass media company with services branded as Spectrum. The company is headquartered in Stamford, Connecticut.
With over 32 million customers in 41 states as of 2022, it is the ...
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