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1.
1.Noun and Colloquism: The Internet. Derived from the mix of the internet and the Web.

To surf the webternet.
"look it up on the webternet"
by Leigh Edwards February 12, 2006
 
2.
Once upon a time in a land far far away, spiders invented the internet first, and it was forever known as...the webternets...
Nothing much, just surfing the webternets
by Kash Etchum August 03, 2010