2012 Financial News
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| Date | Title | | | 06/05/12 | AboveNet Announces Stockholder Approval of Merger Agreement with Zayo Group| table.hugin { border-color:black;}
td.hugin { padding: 3px; border-color:black;} WHITE PLAINS, NY, June 5, 2012 - AboveNet, Inc. (NYSE: ABVT) announced today that at its special meeting of stockholders held on June 5, 2012, its stockholders approved the proposal to adopt the merger agreement, dated as of March 18, 2012, by and among AboveNet, Zayo Group, LLC and Voila Sub, Inc., a wholly owned subsidiary of Zayo Group, providing for the acquisition of AboveNet by Zayo Group. Approximately 8... |
|  | | 05/09/12 | AboveNet Reports First Quarter 2012 Adjusted EBITDA of $58.5 Million on Revenue of $127.7 Million| WHITE PLAINS, N.Y.--(BUSINESS WIRE)--May. 9, 2012--
AboveNet, Inc. (NYSE: ABVT), a leading provider of high bandwidth
connectivity solutions, announced results for the first quarter ended
March 31, 2012.
“We delivered a solid first quarter, increasing revenue by 5.0%
sequentially and 11.6% year-over-year and posting a 45.8% Adjusted
EBITDA margin. During the quarter, we maintained effective execution,
further leveraging our unique and ... |
| | | 05/03/12 | AboveNet Announces Record and Meeting Dates for Special Shareholders' Meeting | table.hugin { border-color:black;}
td.hugin { padding: 3px; border-color:black;} WHITE PLAINS, NY, May 3, 2012- AboveNet, Inc. (NYSE: ABVT) announced today that its Board of Directors has established a record date and meeting date for the special meeting of AboveNet's shareholders to consider and vote upon, among other things, the proposal to adopt the previously announced merger agreement, entered into on March 18, 2012, among AboveNet, Zayo Group, LLC and Voila Sub, Inc. under which Zayo G... |
| | | 04/26/12 | AboveNet / ancotel partnership enhances connectivity options to Europe's global networks| table.hugin { border-color:black;}
td.hugin { padding: 3px; border-color:black;} Munich, April 26th 2012 -- AboveNet, Inc. (NYSE: ABVT) AboveNet communications, a leading provider of high bandwidth connectivity, has chosen ancotel's 'virtual meet me room' (vmmr) in Frankfurt to extend the availability of its premium Ethernet services. AboveNet's high performance network delivers up to 40Gig with ancotel's vmmr Ethernet platform. These high end services are now available, on demand, to a mar... |
| | | 04/24/12 | AboveNet Scheduled To Report First Quarter 2012 Financial Results on May 9| White Plains, New York, U.S.A., Apr 24, 2012 (Thomson Reuters ONE via COMTEX) ---Management Will Not Conduct an Earnings Conference Call-
WHITE PLAINS, N.Y. April 24, 2012 - AboveNet, Inc. (NYSE: ABVT), a leading provider of high bandwidth connectivity solutions, will report first quarter 2012 financial results on Wednesday, May 9, 2012 before the market opens. As a result of the definitive agreement dated March 18, 2012, by and among AboveNet, Zayo Group, LLC and Voila Sub, Inc., a wholly o... |
| | | 04/18/12 | AboveNet Announces Expiration of "Go-Shop" Period| White Plains, N.Y., April 18, 2012 - AboveNet, Inc. (NYSE: ABVT - News) ("AboveNet") today announced the expiration of the 30-day "go-shop" period pursuant to the terms of the previously announced Agreement and Plan of Merger dated as of March 18, 2012, by and among AboveNet, Zayo Group, LLC and Voila Sub, Inc., a wholly owned subsidiary of Zayo Group, LLC (the "Merger Agreement").
Under the Merger Agreement, AboveNet was permitted to initiate, solicit and encourage alternative acquisition prop... |
| | | 04/11/12 | AboveNet Provides Financial Markets Access to BATS Europe and Chi-X Europe, the largest Pan-European Equities Trading Platform | table.hugin { border-color:black;}
td.hugin { padding: 3px; border-color:black;} WHITE PLAINS, N.Y., and LONDON, 11th April, 2012 - AboveNet, Inc. (NYSE:ABVT), a leading provider of high bandwidth connectivity solutions, today announced its low latency fibre optic network will provide access to the BATS Europe and Chi-X Europe trading platform. BATS Europe and Chi-X Europe account for more than 20% market share of overall European equities trading, making it the largest pan-European trading ... |
| | | 03/28/12 | AboveNet Launches High Bandwidth Network in Toronto | table.hugin { border-color:black;}
td.hugin { padding: 3px; border-color:black;} WHITE PLAINS, N.Y., March 28, 2012 AboveNet, Inc. (NYSE: ABVT), a leading provider of high bandwidth connectivity solutions, today announced its expansion into the Toronto market. AboveNet will offer its portfolio of Ethernet and Wavelength services to serve enterprises and carriers. "Toronto is a key networking hub in North America serving a diverse customer base in markets including finance, media and e... |
| | | 03/19/12 | Zayo Group to Acquire AboveNet|
Combination Will Create A Leading Pure-Play Bandwidth
Infrastructure Provider
LOUISVILLE, Colo. & WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Mar. 19, 2012--
Zayo Group, LLC and AboveNet, Inc. (NYSE: ABVT) today announced that
their boards of directors have approved a definitive agreement under
which Zayo will acquire AboveNet for approximately $2.2 billion. Under
the terms of the agreement, each share of AboveNet common stock issued
and ... |
| | | 03/15/12 | EAGLE-Net Alliance Leverages AboveNet Fiber to Expand High Bandwidth Network in Denver| table.hugin { border-color:black;}
td.hugin { padding: 3px; border-color:black;} WHITE PLAINS, N.Y., March 15, 2012 - AboveNet, Inc. (NYSE: ABVT), a leading provider of high bandwidth connectivity solutions, today announced it is providing fiber optic infrastructure to the EAGLE-Net Alliance(EAGLE-Net) in Denver. The relationship will enhance EAGLE-Net's established high-bandwidth infrastructure across Colorado. AboveNet's agreement with EAGLE-Net provides EAGLE-Net with private use of 210 ... |
| | | 02/29/12 | ABOVENET SCHEDULED TO PRESENT AT TWO INVESTOR CONFERENCES IN MARCH| table.hugin { border-color:black;}
td.hugin { padding: 3px; border-color:black;}WHITE PLAINS, N.Y. - February 29, 2012 - AboveNet, Inc. (NYSE: ABVT), a leading provider of high bandwidth connectivity solutions, will present at two investor conferences in March 2012.· Raymond James 33rd Annual Institutional Investors ConferenceMonday, March 5, Orlando, FLRajiv Datta, Chief Operating Officer, will present at 4:35PM ET. A live webcast and replay will be available in the investor relations sect... |
| | | 02/28/12 | AboveNet Reports Fourth Quarter 2011 Adjusted EBITDA of $55.9 Million on Revenue of $121.6 Million| WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Feb. 28, 2012--
AboveNet, Inc. (NYSE: ABVT), a leading provider of high
bandwidth connectivity solutions, announced results for the fourth
quarter and year ended December 31, 2011.
“Our fourth quarter performance extended our track record of superior
financial results and industry-leading Adjusted EBITDA Margin. Revenue
grew 2.9% sequentially and 12.5% year-over-year. Continued strong
performance in... |
| | | 02/22/12 | AboveNet Expands High Bandwidth Network in Atlanta| table.hugin { border-color:black;}
td.hugin { padding: 3px; border-color:black;}Significant expansion connects AboveNet to key data centers in top business hubs in downtown Atlanta, Alpharetta, Buckhead and Norcross WHITE PLAINS, N.Y., February 22, 2012 - AboveNet, Inc. (NYSE: ABVT), a leading provider of high bandwidth connectivity solutions, today announced it has made a major expansion into the Atlanta metro market. New low-latency, fiber optic routes will specifically extend AboveNet's rea... |
| | | 02/17/12 | ABOVENET SCHEDULED TO REPORT FOURTH QUARTER 2011 FINANCIAL RESULTS ON FEBRUARY 28| table.hugin { border-color:black;}
td.hugin { padding: 3px; border-color:black;} WHITE PLAINS, N.Y. February 17, 2012 - AboveNet, Inc. (NYSE: ABVT), a leading provider of high bandwidth connectivity solutions, will report fourth quarter 2011 financial results on Tuesday, February 28, 2012 before the market opens. The company will conduct an earnings conference call the same day at 10:30 a.m. ET. During the call, Bill LaPerch, President and Chief Executive Officer, and Joe Ciavarella, Senior ... |
| | | 02/07/12 | AboveNet Names Michael Tighe Vice President of Marketing | table.hugin { border-color:black;}
td.hugin { padding: 3px; border-color:black;} WHITE PLAINS, N.Y., February 7, 2011 - AboveNet, Inc. (NYSE:ABVT), a leading provider of high bandwidth connectivity solutions, today announced the appointment of Michael Tighe Vice President of Marketing. In his new position, Mr. Tighe will report to AboveNet Chief Operating Officer Rajiv Datta. "The addition of Mike to the AboveNet management team will enable us to extend the market awareness of AboveN... |
| | | 02/06/12 | AboveNet Appoints Adam Phones as a Gold Partner| table.hugin { border-color:black;}
td.hugin { padding: 3px; border-color:black;}Joint initiative to deliver focused leading edge business connectivity solutions White Plains, N.Y. and London, February 6, 2012 - Building on the successful launch of its Partner Programme, AboveNet Communications, a leading provider of high bandwidth connectivity solutions, is pleased to appoint Adam Phones, an established independent service provider for mobile and fixed line solutions, as a Gold Partner to its E... |
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