Time for a quick roundup of various news bytes from network operators this week:
NoaNet, or the Northwest Open Access Network, is leveraging gear from Adva Optical Networking (ETR:ADV, news) to prepare for a 100G future. The Washington-based non-profit network operator aims to bring bandwidth to underserved areas, and is expanding its network via a $135M stimulus grant that will take its current 1,831 mile footprint above 3,000 miles when complete.
Earthlink (NASDAQ:ELNK, news, filings) will be dishing out a dividend of $0.05 per share for the second quarter, maintaining the pace it has been setting for the past few quarters. That pace is of course down from the $0.16 quarterly dividends they were giving out a year ago, but the company has been making its move into the fiber and CLEC business via M&A. I wonder how the integration is going, and when the next shoe will drop.
Level 3 Communications (NYSE:LVLT, news, filings) added another contract expansion to the long string of PRs they have been putting out this year, growing its relationship with Critical Data Network, Inc. The San Diego based service provider will be leveraging Level 3's high speed IP services as it expands in Southern California and Mexico. Critical Data Network was already a colo customer, and will now resell bandwidth via a 10Gbps port as well.
And TW Telecom (NASDAQ:TWTC, news, filings) has hooked up with CoreLink in Phoenix. The two companies have signed an agreement whereby TW Telecom will extend its fiber into the facility at 3110 N Central Ave. TW Telecom has been awfully quiet this year, though rumors did have them amongst the bidders for AboveNet a month or so ago.
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