DukeNet Communications

{{Short description|American internet utilities company}}

{{Use mdy dates|date=August 2013}}

{{Infobox company

| name = DukeNet Communications

| logo = DukeNetCommunications-logo.png

| native_name = DukeNet

| location = Charlotte, North Carolina, United States

| key_people = Brad Davis President and CEO,
Tony Cockerham, COO,

| industry = Telecom and internet infrastructure

| products = Bandwidth infrastructure and colocation

| operating_income =

| net_income =

| num_employees = 100+

| homepage = [http://www.dukenet.com DukeNet.com]

| footnotes =

}}

DukeNet Communications was a telecom and internet infrastructure company that serves the southeastern United States. Products include a metro and long haul fiber-optic network capable of 100 Gbit/s bandwidth.{{cite web|last=Buckley|first=Sean|url=http://www.fiercetelecom.com/story/dukenet-completes-its-core-100g-network-upgrade/2013-05-13|work=Fierce Telecom|accessdate=7 August 2013|title=DukeNet completes its core 100G network upgrade}}

Formed in 1994 as the telecommunications arm of Duke Energy, DukeNet primarily offered wholesale fiber transport services until moving into the newly developing Fiber to the Tower (FTTT) space in 2006. {{As of|2012}}, DukeNet is among the top 10 FTTT providers in the United States.{{cite web|last=Powell|first=Robert|url=http://www.telecomramblings.com/2012/11/counting-the-on-net-towers/|work=Telecom Ramblings|accessdate=7 August 2013|title=Counting the On-net Towers | Telecom Ramblings|date=November 26, 2012}}

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.{{cite web|last=Efthimiou|first=Greg|url=http://www.duke-energy.com/news/releases/2010062501.asp|work=Duke Energy|accessdate=7 August 2013|title=Duke Energy Forms Joint Venture with Alinda Capital Partners to Grow DukeNet Communications - Duke Energy|archive-url=https://web.archive.org/web/20111211130121/http://www.duke-energy.com/news/releases/2010062501.asp|archive-date=December 11, 2011|url-status=dead}}{{cite web|last=Bird|first=Julie|title=DukeNet's expansion fuels growth in revenue, service|url=http://www.bizjournals.com/charlotte/print-edition/2012/05/11/dukenets-expansion-fuels-growth-in.html?page=all|work=Charlotte Business Journal|accessdate=7 August 2013}}

On October 7, 2013, Time Warner Cable (later bought by Charter Communications in 2016) announced that it had agreed to acquire DukeNet Communications LLC for $600 million, and on January 6, 2014, the deal officially closed.{{cite web|title=Time Warner Cable to acquire Regional Fiber Optic Network Company DukeNet Communications|url=http://ir.timewarnercable.com/investor-relations/investor-news/financial-release-details/2013/Time-Warner-Cable-to-acquire-Regional-Fiber-Optic-Network-Company-DukeNet-Communications/default.aspx|accessdate=8 October 2013|archive-url=https://web.archive.org/web/20160924141030/http://ir.timewarnercable.com/investor-relations/investor-news/financial-release-details/2013/Time-Warner-Cable-to-acquire-Regional-Fiber-Optic-Network-Company-DukeNet-Communications/default.aspx|archive-date=September 24, 2016|url-status=dead}}{{cite web|last=Turner|first=Nick|title=Time Warner Cable Agrees to Acquire DukeNet for $600 Million - Bloomberg|url=https://www.bloomberg.com/news/2013-10-07/time-warner-cable-agrees-to-acquire-dukenet-for-600-million-1-.html|publisher=Bloomberg|accessdate=8 October 2013}}{{cite web|title=Time Warner Cable Completes Acquisition of DukeNet Communications|url=https://www.wsj.com/article/PR-CO-20140106-904999.html|publisher=The Wall Street Journal|accessdate=11 January 2014}}