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Article: Verio Announces Major Investment By Telecom Partners, L.P.
- Article from:
- PR Newswire
- Article date:
- March 5, 1997
CopyrightCOPYRIGHT 1997 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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DENVER, March 5 /PRNewswire/ -- Verio, which today launched a new national Internet service network combining a tier-one backbone with prominent local Internet providers around the country, announced Telecom Partners, L.P. as a founding investor.
Verio has so far received $80 million in private financing to build its high-performance national backbone and buy or invest in local and regional Internet providers across the country.
"Verio is positioned to become the premier provider of Internet access to small and medium-sized businesses across the US and eventually in international markets," said Telecom Partners managing partner, Stephen W. Schovee. ...