360networks' IPO to test market

Article Abstract:

Vancouver, BC-based 360 Networks Inc. is ready to launch an initial public offering. Industry analysts said that the volatile high-tech sector of the stock markets may send 360 Networks' initial $14 share price to very high levels.

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360networks' IPO a success

Article Abstract:

Vancouver, BC-based 360 Networks Inc., which has become the second largest telecom firm in Canada, has reported that it raised $2.4 billion through its initial public offering. 360 Networks now has a market value of $20.6 billion.

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360networks posts record sales

Article Abstract:

360networks Inc. posted record sales for the 2000 third-quarter. The company however, posted a C$51 million loss for the period ending September 30, 2000 as a result of a C$53 million payout for executive compensation.

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