- AboveNet
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AboveNet, Inc. 
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. 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.Contents
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.
(WAN) Wide Area Network Solutions:
WAN services include Metro IP, IP Transit, VPN, and long haul optical transport.
References
- "Road to Recovery". Channelvision Magazine. http://www.above.net/docs/Recover_Ethernet%20CV%20Aug09.pdf?source=hpage.
- "Light Reading AboveNet’s Rajiv Datta". http://www.lightreading.com/video.asp?doc_id=190352.
External links
Categories:- Companies listed on the New York Stock Exchange
- Companies based in New York
- Companies that have filed for Chapter 11 bankruptcy
- Telecommunications companies of the United States
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