AboveNet
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AboveNet, Inc.
(NYSE:ABVT)
|
360 Hamilton Ave. White Plains, NY 10601 NY Tel. 914-421-6700 Toll Free 866-859-6971 Fax 914-421-6777 |
Type: Public
On the web:
http://www.above.net
Employees:
713
Employee growth: 3.0%
AboveNet wants to light the way to faster communications. The company operates metro and long-haul fiber-optic networks, providing service to some 15 metropolitan markets in the US and four in Europe. It leases dark fiber and provides managed network services to communications carriers and government agencies, as well as customers in such industries as financial services, health care, media, and retail. The company also operates a Tier 1 IP network over its metro and long-haul infrastructure that provides customers in North America, Europe, and Japan with data transport and virtual private network (VPN) services. In 2012 AboveNet agreed to be bought by Zayo Group, LLC in a deal valued at about $2.2 billion.
Key numbers for fiscal year ending December, 2011:
Sales: $472.5M
One year growth: 15.3%
Net income: $72.7M
Income growth: 4.8%
Officers:
Chairman: Jeffrey A. Brodsky
President, CEO, and Director: William G. (Bill) LaPerch
COO: Rajiv Datta
Competitors:
AT&T
Level 3 Communications
Verizon
Wikipedia on Answers.com:
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AboveNet
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| Type | Public |
|---|---|
| Traded as | NYSE: ABVT |
| Industry | telecommunications |
| Founded | 1993 as National Fiber Network, 1997 as Metromedia Fiber Networks, 2003 as AboveNet |
| Headquarters | White Plains, New York, USA |
| Key people | William G. LaPerch, President and CEO; Robert Sokota, SVP, General Counsel and Chief Administrative Officer; John Jacquay, SVP of Sales and Marketing; Rajiv Datta, COO; Douglas M. Jendras, SVP of Operations; Joseph P. Ciavarella, CFO; John Donaldson, UK Managing Director, AboveNet Communications UK Ltd. |
| Products | MAN, WAN |
| Employees | Approximately 600 |
| Website | http://www.above.net/ |
| Primary ASN: | 6461 |
|---|---|
| Peering Policy | Restrictive |
| Traffic Levels | 100+ Gbps |
AboveNet, Inc. (NYSE: ABVT), provides high bandwidth connectivity primarily for large corporate enterprises and communications carriers in the United States, Canada, and Europe.[1] AboveNet operates private metro area and long haul optical networks, and offers services including high bandwidth metro access to WDM, Metro Ethernet, VPN and IP networks, and managed services. The company is headquartered in White Plains, New York, with European operations based in London.
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Contents
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History
Founded in 1993 as National Fiber Network, Inc., the company initially focused on providing dark fiber to communications carrier customers in the U.S. and Europe. In 1997, the company changed its name to Metromedia Fiber Network, Inc. (“MFN”), and was a member of the NASDAQ-100 index.
In 1999, MFN acquired AboveNet Communications, Inc., a data center facility and Internet connectivity provider, as well as its subsidiary PAIX.net, Inc. (PAIX), an operator of Internet peering exchanges. In 2000, MFN acquired M.I.B.H., Inc., a networking consultancy operated by Paul Vixie, for $51 million in cash and stock. In 2001, MFN acquired SiteSmith, Inc., a provider of managed web-hosting services. The combined entity provided a range of services for the Internet market, including metropolitan area networks, data centers and IP network services, with former M.I.B.H. employees taking key engineering and operational positions.
As a result of the collapse of the dot-com bubble, MFN — like many other similar companies — entered a severe liquidity crisis. The company filed for Chapter 11 bankruptcy in May 2002. As part of the Chapter 11 process the company sold off non-core assets, including its data centers, in the U.S. and mainland Europe, retaining a smaller but more viable footprint. The reorganized company changed its name to AboveNet when emerging from bankruptcy in September 2003, and now trades on the New York Stock Exchange as ABVT.
Services
(MAN) Metro Area Network Solutions:
AboveNet offers several varieties of MAN services, including Metro WDM, Core Wave / dcXchange, Metro Ethernet, and Customer Managed Private Fiber Connectivity.[2]
(WAN) Wide Area Network Solutions:
WAN services include Metro IP, IP Transit, VPN, and long haul optical transport.[3]
External links
- Official website
- "Light Reading AboveNet’s Rajiv Datta". http://www.lightreading.com/video.asp?doc_id=190352.
References
- ^ Holverson, Austin (28 March 2012). "AboveNet Launches High Bandwidth Network in Toronto". Telecom Carrier Updates. http://www.telarus.com/industry/abovenet-launches-high-bandwidth-network-in-toronto.html. Retrieved 18 April 2012.
- ^ Oborn, Patrick. "Carrier Profiles: AboveNet". Telarus Industry News Briefs. http://www.telarus.com/carrier-information/abovenet.html. Retrieved 25 February 2012.
- ^ Christian, Bruce. "Road to Recovery". Channel Vision Magazine. http://www.above.net/docs/Recover_Ethernet%20CV%20Aug09.pdf?source=hpage. Retrieved 7 July 2009.
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