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Teleport Buys ISP CERFnet

Source: Communications Week

Communications Week via Individual Inc. : Teleport Communications Group,
New York, has closed a deal to purchase Internet service provider CERFnet
at an undisclosed price. TCG is expected to use CERFnet's resources to
expand its nascent Internet services business, which it now offers in
limited markets. San Diego-based CERFnet has an extensive T3 backbone
connecting major markets in California and Arizona, as well as a
dedicated link to New York City. The deal, approved by CERFnet's board
Friday, is expected to be made public this week.

Copyright 1996 CMP Media Inc.

<<Communications Week -- 12-23-96, p. 8>>

[12-23-96 at 16:51 EST, Copyright 1996, CMP Publications, Inc.]