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Technology Stocks : 360Networks - TSX - TSIX

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To: D.B. Cooper who wrote (80)	1/5/2001 9:02:34 AM
From: Nick Morvay	Read Replies (1) of 449

Globe says 360networks in GiantLoop deal 360networks Inc TSX Shares issued 724,300,134 Jan 4 close $20.30 Fri 5 Jan 2001 In the News Also (U:TSIX) The Globe and Mail reports in its Friday edition that 360networks will be GiantLoop Network's preferred provider of North American and transatlantic broadband network services, the companies disclosed on Thursday. Vancouver-based 360networks has also made a "very minor" equity investment in GiantLoop, which is based in Waltham, Mass. The companies will co-operate on network engineering and management, customer and operational support, and field activities. GiantLoop, which provides enterprise optical networking services, expects customer demand over the next four years to lead it to purchase up to $175-million (U.S.) in network services from 360networks. (c) Copyright 2001 Canjex Publishing Ltd. stockwatch.com

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