Big Pipe Receives Delivery of Dark Fiber from 360networks.Business Editors CALGARY, Alberta--(BUSINESS WIRE)--June 14, 2001 Big Pipe Inc., a division of Shaw Communications Inc., (NYSE NYSE See: New York Stock Exchange :SJR SJR Senate Joint Resolution SJR Superjoint Ritual (band) SJR St John Rigby (Catholic Sixth Form College) SJR Signal-To-Jammer Ratio SJR Saint Joseph Regional High School (USA) ) (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :SJR.B.) (CDNX CDNX See Canadian Venture Exchange (CDNX). :SJR.A) announced today that, as part of a broad-ranging agreement first announced in March 2000, it has received delivery from 360networks inc. of 6,400 kilometers (4,000 miles) of dark fiber in Canada and the United States The United States and Canada share a unique legal relationship. U.S. law looks northward with a mixture of optimism and cooperation, viewing Canada as an integral part of U.S. economic and environmental policy. . The dark fiber is located on routes between Vancouver, Calgary, Toronto and Buffalo, and Seattle to Sacramento. "We are very excited to have received this dark fiber," said Peter Bissonnette, President of Shaw Communications Inc.. "It represents the culmination of months of preparatory work under our agreement with 360networks. This is a tremendous opportunity for Shaw and Big Pipe customers and investors to realize the full advantages arising out of our ownership of our network infrastructure." Under its original agreement with 360networks worth more than US $165 million (CDN (Content Delivery Network) A system of distributed content on a large intranet or the public Internet in which copies of content are replicated and cached throughout the network. $250 million), Big Pipe also expects to receive OC-48 (2.5 gigabits per second) channels between Vancouver and Toronto and an additional 5,800 kilometers (3,600 miles) of dark fiber in North America by the end of this year. About Big Pipe Inc. Big Pipe Inc., a division of Shaw Communications Inc., operates a national fiber backbone for broadband Internet services. In addition to being the primary Internet backbone for Shaw's broadband Internet customers, Big Pipe's facilities are available to Internet Service Providers Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. (ISPs) and organizations that require end-to-end connectivity to the Internet. The Big Pipe product offering includes Video, Ethernet Broadband, and ATM Broadband. Additional information can be found on the Internet at www.bigpipeinc.com. About Shaw Communications Inc. Shaw Communications Inc. is a diversified Canadian communications company whose core business is providing broadband cable television, Internet and satellite services to approximately 2.8 million customers. Shaw also has significant interests in telecommunications, Internet infrastructure and interactive television companies. Shaw is traded on the Toronto and New York stock exchanges New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. (Symbol: TSE - SJR.B, NYSE - SJR). Certain statements in this press release may constitute forward-looking statements. Such forward-looking statements involve risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward looking statements. |
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