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Technology Stocks : 360networks formerly Worldwide Fiber Inc. -- Ignore unavailable to you. Want to Upgrade?

To: worldtraveller who wrote (120)	6/16/2000 9:54:00 PM
From: P2V	Respond to of 125

June 15, 2000 Immediate Release 360NETWORKS IN DISCUSSIONS WITH CALL-NET TO PURCHASE FIBER ASSETS Vancouver ? In response to inquiries, 360networks inc. announced today it is in negotiations with Call-Net Enterprises Inc. (TSE: CN and CN.B; NASDAQ: CNEBF) to purchase fiber optic infrastructure in Canada and the United States. The companies will make a more detailed announcement if a definitive agreement is reached. About 360networks 360networks (TSIX: NASDAQ and TSX: TSE) offers broadband network and co-location services to telecommunications and data communications companies. 360networks is developing one of the largest and most technologically advanced fiber optic networks in the world. By the end of 2001, the network is expected to measure 91,000 kilometers (56,000 miles) and link 90 major cities with terrestrial routes in North America and Europe, undersea cables linking North America with South America and Europe, and nearly 2 million square feet of network co-location space. 360networks and its predecessors have been developing communications networks since 1988. More information is available at www.360.net. For more information contact: Investor Relations Nancy Bacchieri nancy.bacchieri@360.net Media Michelle Gagn‚ michelle.gagne@360.net Forward looking statements: This document may contain statements about expected future events and financial results that are forward looking in nature, and, as a result, are subject to certain risks and uncertainties. Actual results may differ materially from those projected by management. For such statements, we claim the safe harbor for "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. To unsubscribe click here : (http://www.360networks.com/News---Unsubscribe.asp)