AboveNet, Inc.

News and overview for AboveNet, Inc.

AboveNet Reports Third Quarter 2009 Adjusted EBITDA of $40.7 Million on Revenue of $92.4 Million [Press Release]
Business Wire | 18 days 9 hours 7 minutes ago
AboveNet, Inc. (NYSE: ABVT), a leading provider of high-bandwidth connectivity solutions, announced results for the third quarter and nine months ended September 30, 2009.


AboveNet Builds Into Phoenix NAP, Offers Connectivity Options to Area Businesses [Press Release]
PRNewswire | 7 days 7 hours 6 minutes ago
AboveNet Builds Into Phoenix NAP, Offers Connectivity...clients and Phoenix-area businesses. AboveNet, Inc. has completed an expansion that brings...southwestern United States region. By having AboveNet in our facility, clients are able to...


AboveNet Scheduled to Report Third Quarter 2009 Financial Results on November 5 [Press Release]
Business Wire | 31 days 18 hours 13 minutes ago
AboveNet, Inc. (NYSE: ABVT), a leading provider of high-bandwidth connectivity solutions, will report third quarter 2009 financial results on Thursday, November 5, 2009 after the market close. The company will conduct an earnings conference call the same day at 4:30 p.m. ET. During the call, Bill LaPerch, President and Chief Executive Officer, and Joe Ciavarella, Senior Vice President and Chief Financial Officer, will provide an overview of the company’s business and financial results.


AboveNet Announces Two-For-One Stock Split and Extension of Stockholder Rights Plan [Press Release]
PRNewswire | 112 days 8 hours 41 minutes ago
...PRNewswire-FirstCall/ -- AboveNet, Inc. a leading provider of high...Rights Agreement as an Exhibit. AboveNet, Inc. provides high-bandwidth connectivity...and beliefs of the management of AboveNet, Inc. and are subject to a number...


AboveNet to Present at the Thomas Weisel Partners Emerging Communications Conference 2009
Investor's Business Daily | 12 days 8 hours 47 minutes ago
WHITE PLAINS, N.Y., Nov 11, 2009 (BUSINESS WIRE) -- AboveNet, Inc. (ABVT), a leading provider of high-bandwidth connectivity solutions, will present at the Thomas Weisel Partners Emerging Communications Conference 2009 on Wednesday, November 18, 2009. The conference is being held at the Intercontinental Hotel in New York City.


NYSE Euronext Announces Third Quarter 2009 Financial Results [Press Release]
Business Wire | 24 days 22 hours 40 minutes ago
NYSE Euronext (NYX) today reported net income of $125 million, or $0.48 per diluted share, for the third quarter of 2009, compared to net income of $174 million, or $0.66 per diluted share for the third quarter of 2008. Third quarter 2009 GAAP results include the impact from merger expenses and exit costs, the impact of the disposition of Hugin Group B.V., the sale of our investment in BM&F Bovespa and a fair value adjustment to our investment in BIDS Holdings, L.P. Pro forma non-GAAP diluted...


Light Reading - Ethernet - Carriers Join Equinix's Exchange - Telecom News Wire
Light Reading | 20 days 14 hours 56 minutes ago
FOSTER CITY, Calif. -- Equinix, Inc. (Nasdaq: EQIX), a provider of global data centre services, today announced AboveNet, Exponential-e, Hibernia Atlantic, Level 3, PCCW Global, Reliance Globalcom and Tinet, among others, as initial participants in the recently announced Equinix Carrier Ethernet Exchange platform, a development programme to define enhanced solutions for the exchange of data traffic between carriers providing Ethernet services.


Equinix Announces Initial Carriers Participating in Ethernet Exchange Development Program [Press Release]
Business Wire | 20 days 17 hours 13 minutes ago
The Light Reading Ethernet Expo Americas 2009 Conference – Equinix, Inc. (Nasdaq:EQIX), a provider of global data center services, today announced AboveNet, Exponential-e, Hibernia Atlantic, Level 3, PCCW Global, Reliance Globalcom and Tinet, among others, as initial participants in the recently announced Equinix Carrier Ethernet Exchange platform, a development program to define enhanced solutions for the exchange of data traffic between carriers providing Ethernet services.


Light Reading - Ethernet - EENY: Operators Talk 100-GigE Services - Telecom News Analysis
Light Reading | 19 days 13 hours 43 minutes ago
NEW YORK -- Ethernet Expo Americas 2009 -- The prospect of selling a 100-Gbit/s Ethernet service isn't as ridiculous as you might think, according to panelists here.


Light Reading - Ethernet - EENY: Exchange Heat - Telecom News Analysis
Light Reading | 18 days 12 hours 30 minutes ago
NEW YORK -- Ethernet Expo Americas 2009 -- Ethernet services providers have been calling for it for years, and now the wait is over -- managed multi-carrier interconnection at common exchange points is now possible, with network-to-network interconnect specifications set to become available within the next few months.


MRV s Optical Networks CTO to Speak at Light Reading Ethernet Expo 2009 [Press Release]
Business Wire | 21 days 16 hours 13 minutes ago
MRV COMMUNICATIONS, INC., today announced that its Chief Technology Officer (CTO), Optical Networks, Brandon Pemberton, will participate in a roundtable discussion at Light Reading’s Ethernet Expo 2009. MRV is a leading networking company with a full line of packet-optical transport (P-OTS), carrier Ethernet, 40G networking and out-of-band networking products.


Verizon, Reliance Globalcom, AT&T Labs, Level 3, Ciena to Keynote at Ethernet Expo Americas 2009 [Press Release]
PRNewswire | 40 days 12 hours 13 minutes ago
...Verizon. Other service provider speakers participating are from AboveNet, COLT, Cox, Equinix, Global Crossing, Hibernia Atlantic...Amy Averbook Director of Corporate Marketing Light Reading Inc. averbook@lightreading.com 212-600-3373 Founded...


Industry's Leading Carrier Ethernet Event, Ethernet Expo Americas 2009 Next Week in New York [Press Release]
PRNewswire | 24 days 8 hours 54 minutes ago
NEW YORK, Oct. 30 /PRNewswire/ --


Light Reading - Ethernet - Equinix Adds to Ethernet Exchange - Telecom News Wire
Light Reading | 8 hours 20 minutes ago
FOSTER CITY, Calif. -- Equinix, Inc., a provider of global data centre services, today announced that European-based carriers Exponential-e, Hibernia Atlantic and Tinet have signed up to participate in the recently announced Equinix Carrier Ethernet Exchange platform, a development programme to define enhanced solutions for the exchange of data traffic between carriers providing Ethernet services.


Light Reading - Ethernet - Brocade Reports Q4 - Telecom News Wire
Light Reading | 5 hours 50 minutes ago
SAN JOSE, Calif. -- Brocade (NASDAQ:BRCD) today reported financial results for its fourth fiscal quarter and full fiscal year ended October 31, 2009. Brocade's quarterly revenues increased 31 percent year-over-year to $521.8 million and annual revenues increased 33 percent year-over-year to over $1.95 billion.





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Company Overview


Company: AboveNet, Inc.
Industry: Data Network Operators
Website: http://www.above.net

AboveNet wants to light the way to faster communications. The company operates metro and long-haul fiber-optic networks, providing service to more than a dozen metropolitan markets in the US. It leases dark fiber and provides managed network services to communications carriers and government agencies, as well as high-usage enterprise 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.


Key Numbers

Sales in U.S. Dollars (mil.) 319.9 (2008)
One-year % Growth in Sales 26.1 (2008)
Net Income in U.S. Dollars (mil.) 42.3 (2008)
One-year % Growth in Net Income 206.5 (2008)
Number of Employees 615 (2008)
One-year % Growth in Number of Employees 12.0 (2008)
Fiscal Year-End December