2011 Financial News
 |
|
| Date | Title | | | 12/29/11 | ABOVENET SCHEDULED TO PRESENT AT THE CITI 22ND ANNUAL GLOBAL ENTERTAINMENT, MEDIA AND TELECOMMUNICATIONS CONFERENCE| table.hugin { border-color:black;}
td.hugin { padding: 3px; border-color:black;}WHITE PLAINS, N.Y. - December 29, 2011 - AboveNet, Inc. (NYSE: ABVT), a leading provider of high bandwidth connectivity solutions, will present at the Citi 22nd Annual Global Entertainment, Media and Telecommunications Conference in San Francisco on Wednesday, January 04, 2012.Bill LaPerch, President and CEO, will participate in a fireside chat at 7:00PM ET/4:00PM PT. A live webcast and replay will be available in ... |
|  | | 12/08/11 | AboveNet Announces $200 Million Share Repurchase Program| WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Dec. 8, 2011--
AboveNet, Inc. (NYSE: ABVT), a leading provider of high bandwidth
connectivity solutions, announced today that its Board of Directors has
authorized a share repurchase program of up to $200 million through
December 31, 2012.
Jeffrey Brodsky, Non-Executive Chairman of AboveNet, said, “As part of
its ongoing review of opportunities to build long-term shareholder
value, the Board conside... |
| | | 11/30/11 | ABOVENET SCHEDULED TO PRESENT AT THE UBS 39TH ANNUAL GLOBAL MEDIA AND COMMUNICATIONS CONFERENCE| table.hugin { border-color:black;}
td.hugin { padding: 3px; border-color:black;}WHITE PLAINS, N.Y. - November 30, 2011 - AboveNet, Inc. (NYSE: ABVT), a leading provider of high bandwidth connectivity solutions, will present at the UBS 39th Annual Global Media and Communications Conference in New York on Wednesday, December 7, 2011.Joseph Ciavarella, Chief Financial Officer, will present at 2:30 PM ET. A live presentation webcast and replay will be available in the investor relations section of... |
| | | 11/22/11 | AboveNet Launches Core Wave Services in San Francisco Bay Area | table.hugin { border-color:black;}
td.hugin { padding: 3px; border-color:black;}Next generation network offers high bandwidth low latency data connectivity for businesses based in San Francisco and Silicon Valley WHITE PLAINS, N.Y., November 22, 2011 - AboveNet, Inc. (NYSE: ABVT), a leading provider of high bandwidth connectivity solutions, today announced that its Core Wave services are now available to enterprise and carrier customers in the San Francisco Bay Area and Silicon Valley. The n... |
| | | 11/16/11 | AboveNet to Exhibit at Capacity Europe, Amsterdam | LONDON, November 16, 2011- AboveNet Communications, a leading provider of high bandwidth connectivity solutions, will be exhibiting at Capacity Europe 2011 from Monday 21st November until Wednesday 23rd November 2011 at The Hotel Okura, Amsterdam. Capacity Europe is the flagship meeting for the European telecommunications market dedicated to carriers, service providers and ISPs. The event aims to address issues around Ethernet connectivity and Cloud services together with other key challenges fa... |
| | | 11/15/11 | AboveNet wins Gold at Considerate Contractor Awards Ceremony | LONDON, November 15, 2011- AboveNet Communications, a leading provider of high bandwidth connectivity solutions today announced it won a gold award at the City of London's Considerate Contractor Scheme awards. Pioneered by the city of London in 1987, The Considerate Contractor Scheme aims to encourage building and civil engineering contractors working in the City to carry out operations in a safe and considerate manner, with due regards to other users of the highway. AboveNet won the gold award... |
| | | 11/03/11 | AboveNet Reports Third Quarter 2011 Adjusted EBITDA of $56.4 Million
on Revenue of $118.2 Million| WHITE PLAINS, N.Y., Nov 03, 2011 (BUSINESS WIRE) --AboveNet, Inc. (NYSE: ABVT), a leading provider of high
bandwidth connectivity solutions, announced results for the third
quarter and nine months ended September 30, 2011.
"Our third quarter performance demonstrates the strengths of our
recurring revenue model and balance sheet combined with the continued
broadening of demand for our high bandwidth infrastructure services,"
said Bill LaPerch, Chief Ex... |
| | | 10/31/11 | AboveNet Connects to Opus-3 Data Center in Dallas | AboveNet will provide Opus-3 with high bandwidth connections to Dallas hubs and access to AboveNet's U.S. metro footprint WHITE PLAINS, N.Y., October 31, 2011 - AboveNet, Inc. (NYSE:ABVT), a leading provider of high bandwidth connectivity solutions, today announced that it is now connected to the new Opus-3 data center in Dallas. The facility's customers will have access to AboveNet's optical network with connections to key business hubs in Dallas and its expansive U.S. metro footprint. Th... |
| | | 10/31/11 | ABOVENET SCHEDULED TO PRESENT AT THREE UPCOMING INVESTOR CONFERENCES IN NOVEMBER| WHITE PLAINS, N.Y. - October 31, 2011 - AboveNet, Inc. (NYSE: ABVT), a leading provider of high bandwidth connectivity solutions, will present at three investor conferences in November 2011.Wells Fargo Securities 2011 Technology, Media & Telecom ConferenceTuesday, November 8, New YorkBill LaPerch, President and Chief Executive Officer, will participate in a fireside chat at 11:40AM ET. A live webcast and replay will be available in the investor relations section of AboveNet's website (http:... |
| | | 10/26/11 | AboveNet's FinanceNet Platform delivers the lowest latency routes across key financial exchanges in London | White Plains, N.Y. and London, October 26, 2011 - Building on the success of AboveNet's recent announcement of the shortest route from the City of London to Slough, AboveNet Communications, a leading provider of high bandwidth connectivity solutions, today unveiled a new dedicated FinanceNet platform between the community data centre of Interxion in the City and a key multilateral trading facility in Slough. This new route not only delivers the lowest latency connections that are essential for ... |
| | | 10/07/11 | AboveNet Scheduled To Report Third Quarter 2011 Financial Results on November 3| WHITE PLAINS, N.Y. October 7, 2011 - AboveNet, Inc. (NYSE: ABVT), a leading provider of high bandwidth connectivity solutions, will report third quarter 2011 financial results on Thursday, November 3 2011 before the market opens. The company will conduct an earnings conference call the same day at 10:00 a.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 b... |
| | | 10/03/11 | Savtira Selects AboveNet to Provide High Bandwidth Connectivity for Global Network Operating Infrastructure | TAMPA, Fla. (October 3, 2011) - Telecommunication technology has come a long way since the dial-up days when sitting in front of a computer and waiting patiently as the Internet connected and files downloaded wasn't anything unusual. Now, waiting more than a few seconds for any computer processing can send a tranquil person into a fury. High bandwidth connectivity solutions are not only a luxury for everyday end-users but a must for industry tech firms like, Savtira Corporation, a new provider... |
| | | 09/22/11 | AboveNet Connects to DuPont Fabros Technology's Data Center in Santa Clara, California | AboveNet will provide DuPont Fabros' customers with high bandwidth, low latency services and connections to major business hubs within the U.S. WHITE PLAINS, NY - September 22, 2011 - AboveNet, Inc. (NYSE: ABVT), a leading provider of high bandwidth connectivity solutions, today announced that it is now connected to DuPont Fabros Technology's (NYSE: DFT) data center, SC1, located in Santa Clara, California. With the completion of the fiber build-out to SC1, AboveNet is able to provide servi... |
| | | 09/21/11 | AboveNet Teams Up with Amazon Web Services to Provide High Performance Access to Cloud Platform| WHITE PLAINS, N.Y., September 21, 2011 - AboveNet, Inc. (NYSE:ABVT), a leading provider of high bandwidth connectivity solutions, today announced it has signed an agreement with Amazon Web Services (AWS) to become an AWS Direct Connect Solution Provider to help provide high performance access to the AWS cloud platform. "AboveNet is pleased to be one of the first AWS Direct Connect Solution Providers," said Rajiv Datta, chief operating officer at AboveNet. "This teams us with one ... |
| | | 09/06/11 | AboveNet Further Invests in its FinanceNet Platform and Offers its Lowest Latency Route Across London | FinanceNet - the fastest route ever delivered across the shortest optical fibre paths to key financial exchanges from the City of London to Slough White Plains, N.Y. and London, September 6, 2011 - As part of its continued investment to drive down latency in critical parts of its network, AboveNet Communications, a leading provider of high bandwidth connectivity solutions today announced that it has further reduced the latency across its FinanceNet Platform. AboveNet's new ultra-low latency rou... |
| | | 08/24/11 | AboveNet Connects to Latisys Ashburn Colocation Facility| Latisys data center customers in Virginia will benefit from AboveNet`s high bandwidth solutions and expansive fiber network footprint
WHITE PLAINS, N.Y., August 24, 2011 - AboveNet, Inc. (NYSE:ABVT), a leading provider of high bandwidth connectivity solutions, today announced it has connected its fiber optic network to the new Latisys Ashburn Colocation Campus in Virginia. Latisys data center customers can now leverage AboveNet`s high performance solutions for diverse, scalable network connect... |
| | | 08/23/11 | AboveNet Adds MPG Management as Master Agent to National Agent Program| AboveNet and MPG Management will work together to provide high bandwidth, low latency connectivity solutions to enterprise and carrier customers White Plains, N.Y., August 23, 2011 - AboveNet, Inc. (NYSE:ABVT), a leading provider of high bandwidth connectivity solutions, today announced that it has added MPG Management Associates, Corp as a Master Agent to its award-winning National Agent Program. As an AboveNet Master Agent, MPG will have access to an extensive portfolio of core metro services... |
| | | 08/22/11 | AboveNet Connects Low Latency Network to Options Datacentre's UK Facility| White Plains, N.Y. and London, August 22, 2011 - AboveNet, Inc. (NYSE:ABVT), a leading provider of high bandwidth connectivity solutions, today announced that it has connected its newly-upgraded low latency network to Options Datacentres, a London-based provider of 'state-of-the-art' data centre facilities. Options Datacentres, whose portfolio of clients includes organisations within the insurance, banking, healthcare, IT/Cloud and governmental sectors, is now connected to AboveNet's internati... |
| | | 08/05/11 | AboveNet Reports Second Quarter 2011 Adjusted EBITDA of $54.0 Million on Revenue of $118.3 Million| WHITE PLAINS, N.Y., Aug 05, 2011 (BUSINESS WIRE) -- AboveNet, Inc. (NYSE: ABVT), a leading provider of high bandwidth connectivity solutions, announced results for the second quarter and six months ended June 30, 2011.
"Through solid execution of our organic growth strategy during the second quarter, we maintained our industry-leading revenue growth rate and Adjusted EBITDA margin," said Bill LaPerch, Chief Executive Officer of AboveNet. "Revenue grew by 17.5% over last year's second quarter a... |
| | | 08/01/11 | AboveNet Names Nick Ridolfi Senior Vice President of Sales| WHITE PLAINS, N.Y., August 1, 2011 - AboveNet, Inc. (NYSE:ABVT), a leading provider of high bandwidth connectivity solutions, today announced the appointment of Nick Ridolfi as senior vice president of Sales. In his new position, Mr. Ridolfi will report to AboveNet Chief Operating Officer Rajiv Datta. "The addition of Nick to the AboveNet management team strengthens significantly our ability to provide industry leading high bandwidth connectivity solutions and the excellent customer experi... |
| | | 07/21/11 | AboveNet Connects to Prov.net Data Centers in Rhode Island| AboveNet will provide Prov.net's data center with high bandwidth, low latency connections to key business hubs in US and International metro markets Providence, R.I., July 21, 2011 - Provdotnet, LLC. a leading provider of data center solutions, today announced that AboveNet has connected to their Prov.net's data centers located in Providence, RI. AboveNet completed the installation of a diverse 432 strand fiber connection, adding to Prov.net's already existing fiber connections. As a re... |
| | | 07/14/11 | AboveNet Scheduled to Report Second Quarter 2011 Financial Results on August 5| WHITE PLAINS, N.Y. July 14, 2011 — AboveNet, Inc. (NYSE: ABVT), a leading provider of high bandwidth connectivity solutions, will report second quarter 2011 financial results on Friday, August 5, 2011 before the market opens. The company will conduct an earnings conference call the same day at 10:00 a.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 compa... |
| | | 07/13/11 | AboveNet Provides High Bandwidth Solutions to QiComm Data Centre| White Plains, N.Y. and London, July 13, 2011 -- AboveNet Communications, a leading provider of high bandwidth connectivity solutions, today announced it will provide fibre based services to Tutis Point, QiComm's new data centre located in Docklands, London. AboveNet will provide connectivity infrastructure to enable QiComm to build a secure private network for client services and deliver bandwidth in a reliable and cost efficient manner over a resilient, secure, scalable network. Tutis Po... |
| | | 07/12/11 | AboveNet Provides High Bandwidth Connectivity for Soho Data Centre Expansion| AboveNet to deliver fibre optic solution to support Soho Data's demanding business requirements White Plains, N.Y. and London, July 12th, 2011 -- AboveNet, Inc. (NYSE: ABVT), a leading provider of high bandwidth connectivity solutions, today announced it will provide fibre connectivity into Soho Data Centre, part of the Vision Holding group of companies that specialise in delivering a range of internet TV and traditional broadcast services located in London. AboveNet currently provides IP ... |
| | | 06/13/11 | AboveNet to Connect to Cervalis Data Centers in Connecticut and New Jersey| AboveNet will provide Cervalis with high bandwidth, low latency connections to key business hubs in top Northeast metro markets WHITE PLAINS, N.Y., June 13, 2011 - AboveNet, Inc. (NYSE:ABVT), a leading provider of high bandwidth connectivity solutions, today announced that it will connect to the Cervalis data centers located in Stamford, Connecticut and Totowa, New Jersey. Customers located in the facilities will have access to AboveNet's private, optical network and extensive fiber footpri... |
| | | 06/08/11 | AboveNet Connects to Montgomery Westland Data Center, The Bunker| AboveNet to expand its network with two diversely routed high bandwidth, low latency solutions from the Westland Bunker to the Houston market WHITE PLAINS, N.Y., June 8, 2011 - AboveNet, Inc. (NYSE:ABVT), a leading provider of high bandwidth connectivity solutions, today announced that it will soon be connected to the Montgomery Westland Data Center known as The Bunker. AboveNet will be providing the data center's customers with access to its private, optical network and extensive fiber foo... |
| | | 06/07/11 | Telecom CEOs Converge on New York, Forecasting "Clouds" for Area Business| BUSINESS Industry Execs Here to Discuss Telecom Issues and Opportunities Scottsdale, AZ-June 7, 2011- What are the biggest issues affecting New York business today, and how is the telecom industry answering the call? That's the focus of a roundtable discussion today as chief executives from three of the nation's leading telecom giants -- AboveNet, Broadview and EarthLink -- gather at the FedEx Conference Center to evaluate telecom's growing impact on area business and industry. One op... |
| | | 05/20/11 | ABOVENET SCHEDULED TO PRESENT AT THREE UPCOMING INVESTOR CONFERENCES IN JUNE| WHITE PLAINS, NY, May 20, 2011 - AboveNet, Inc. (NYSE: ABVT), a leading provider of high bandwidth connectivity solutions, will present at three investor conferences in June 2011.· D.A. Davidson & Co. 3rd Annual Technology ForumWednesday, June 1, New York, NYBill LaPerch, President and Chief Executive Officer, will participate in one-on-one meetings throughout the course of the day. There will be no presentation or webcast available.· Cowen and Company 39th Annual Technology Media &... |
| | | 05/17/11 | AboveNet appoints Peter Murray as Vice President of Finance| White Plains, N.Y. and London, May 17, 2011 -- AboveNet, Inc. (NYSE: ABVT), a leading provider of high bandwidth connectivity solutions, today announced the appointment of Peter Murray as Vice President of Finance for AboveNet in the UK. With 30 years experience in a variety of sectors including technology, media and telecom, Mr. Murray will manage the UK and European finance related functions including Sarbanes-Oxley compliance.. Mr. Murray previously held the position of Business Process ... |
| | | 05/06/11 | AboveNet Scheduled to Present at the 39th Annual J.P. Morgan Global Technology, Media and Telecom Conference| WHITE PLAINS, NY, May 6, 2011 - AboveNet, Inc. (NYSE: ABVT), a leading provider of high bandwidth connectivity solutions, will present at the 39th Annual J.P. Morgan Global Technology, Media and Telecom Conference in Boston on Monday, May 16, 2011.Bill LaPerch, president and chief executive officer, will participate in a fireside chat at 3:30 PM ET. A live webcast and replay will be available in the investor relations section of AboveNet's website. (http://investors.above.net).About AboveNet, I... |
| | | 05/05/11 | AboveNet Reports First Quarter 2011 Adjusted EBITDA of $51.5 Million
on Revenue of $114.4 Million| WHITE PLAINS, N.Y., May 05, 2011 (BUSINESS WIRE) --AboveNet, Inc. (NYSE: ABVT), a leading provider of high
bandwidth connectivity solutions, announced results for the first
quarter of 2011.
"We had a solid start to the year, maintaining strong revenue and
Adjusted EBITDA growth. While revenue for the 2011 quarter was boosted
by unusually high equipment sales and contract termination revenue, we
delivered healthy revenue growth from our lit services an... |
| | | 04/21/11 | AboveNet Scheduled to Report First Quarter 2011 Financial Results on May 5| WHITE PLAINS, N.Y. April 21, 2011 - AboveNet, Inc. (NYSE: ABVT), a leading provider of high bandwidth connectivity solutions, will report first quarter 2011 financial results on Thursday, May 5, 2011 before the market opens. The company will conduct an earnings conference call the same day at 10:00 a.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 busine... |
| | | 04/13/11 | AboveNet Completes Fiber Build-Out To DuPont Fabros Technology's New Jersey Data Center|
AboveNet will provide high bandwidth, low-latency lit services and fiber optic network in key DFT markets
WHITE PLAINS, N.Y., April 13, 2011 - AboveNet, Inc. (NYSE:ABVT), a leading provider of high bandwidth connectivity solutions, today announced it has provided fiber connectivity into DuPont Fabros Technology, Inc (DFT) wholesale data center NJ1 located in Piscataway, New Jersey. AboveNet is already connected to DFT's data centers located in Northern Virginia and subur... |
| | | 04/13/11 | AboveNet, EANTC and Equinix Complete Interoperability Tests for London to Frankfurt Network| Apr 13, 2011 /PRNewswire via COMTEX/ --AboveNet Infrastructure Supports Carrier Ethernet Standards for
Interoperability
WHITE PLAINS, New York and LONDON, April 13, 2011 /PRNewswire-FirstCall/
-- AboveNet, Inc. (NYSE:ABVT), a leading provider of high bandwidth
connectivity solutions, today announced its successful completion of real
world pan-European interoperability tests carried out by the European
Advanced Networking Test Center (EANTC) across Equinix's Carrier Ethernet
Exchange (... |
| | | 04/07/11 | AboveNet Further Reduces its Latency Across its London FinanceNet Platform| FinanceNet - high bandwidth services delivered across the shortest optical fibre paths to key financial exchanges White Plains, N.Y. and London, April 7, 2011 -,After much success in the ultra low-latency arena, AboveNet Communications, a leading provider of high bandwidth connectivity solutions, today announced that it has further reduced the latency on its FinanceNet platform to less than 225 microseconds (one way) from Slough to the City of London. FinanceNet addresses the demand for low... |
| | | 04/06/11 | AboveNet to Provide High Bandwidth Services to Connect TrustComm to Major Oil and Gas Companies in Houston, Texas| WHITE PLAINS, N.Y., April 6, 2011 - AboveNet, Inc. (NYSE:ABVT), a leading provider of high bandwidth connectivity solutions, today announced it is providing fiber optic services to connect TrustComm, Inc. with the many leading oil and gas companies in Houston, Texas that link to the African continent via TrustComm satellite. AboveNet's diverse fiber paths installed at TrustComm's Houston teleport facilities can now provide significant fiber capabilities from the TrustComm Network Center to t... |
| | | 03/16/11 | AboveNet Connects to Neutral Tandem Ethernet Network| WHITE PLAINS, N.Y., March 16, 2011 - AboveNet, Inc. (NYSE:ABVT), a leading provider of high bandwidth connectivity solutions, today announced it is extending its network capabilities through connections with Neutral Tandem's Ethernet Exchange network. The first connection will be in New York City at Neutral Tandem's 75 Broad St. location. The AboveNet Ethernet connections, provisioned over, scalable, diverse fiber, help facilitate the buying and selling of industry standard Ethernet services w... |
| | | 03/01/11 | AboveNet Joins Allied Fiber's Dark Fiber Community| AboveNet Joins Allied Fiber's Dark Fiber CommunityAboveNet brings expertise in high bandwidth metro networks to CommunityWHITE PLAINS, N.Y., March 1, 2011 - AboveNet, Inc. (NYSE:ABVT), a leading provider of high bandwidth connectivity solutions, today announced it has joined Allied Fiber's Dark Fiber Community. The Community will benefit from AboveNet's knowledge of high performance fiber optic networks.Allied Fiber created the Dark Fiber Community in response to the rising demands for its dark ... |
| | | 02/28/11 | AboveNet to Present at the 2011 Deutsche Bank Media & Telecom Conference| WHITE PLAINS, NY, February 28, 2011 - AboveNet, Inc. (NYSE: ABVT), a leading provider of high bandwidth connectivity solutions, will present at the 2011 Deutsche Bank Media & Telecom Conference in Palm Beach on Monday, March 7, 2011. Bill LaPerch, president and chief executive officer, will present at 1:50 PM ET. A live presentation webcast and replay will be available in the investor relations section of AboveNet's website (http://investors.above.net). About AboveNet, Inc. AboveNet, Inc... |
| | | 02/25/11 | AboveNet Reports Fourth Quarter 2010 Adjusted EBITDA of $47.3 Million
on Revenue of $108.1 Million| WHITE PLAINS, N.Y., Feb 25, 2011 (BUSINESS WIRE) --AboveNet, Inc. (NYSE: ABVT), a leading provider of high
bandwidth connectivity solutions, announced results for the fourth
quarter and full year ended December 31, 2010.
"Our strong results for the fourth quarter and full year 2010
demonstrate AboveNet's continued success as a premier provider of high
bandwidth networks. The increasing use of data-intensive applications by
customers in our target mark... |
| | | 02/24/11 | AboveNet Completes Network Expansion to Amsterdam, Frankfurt and Paris| White Plains, New York, U.S.A., Feb 24, 2011 (Thomson Reuters ONE via COMTEX) --WHITE PLAINS, N.Y., February 24, 2011 -- AboveNet, Inc. (NYSE: ABVT), a leading provider of high bandwidth connectivity solutions, today announced it has completed its expansion in Amsterdam, Frankfurt and Paris. It now offers a comprehensive portfolio of metro and WAN (wide-area network) services to enterprises and carriers across Europe.
The company's solutions are optimized for high bandwidth customers, with ... |
| | | 02/09/11 | AboveNet Scheduled to Report Fourth Quarter 2010 Financial Results on February 25| WHITE PLAINS, N.Y. February 9, 2011 - AboveNet, Inc. (NYSE: ABVT), a leading provider of high bandwidth connectivity solutions, will report fourth quarter 2010 financial results on Friday, February 25, 2011 before the market opens. The company will conduct an earnings conference call the same day at 10:00 a.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... |
| | | 02/03/11 | AboveNet Expands High Bandwidth Network in California's Orange County| Fiber investment provides customers in Irvine and Costa Mesa with high performance connectivity services WHITE PLAINS, N.Y., February 3, 2011 - AboveNet, Inc. (NYSE:ABVT), a leading provider of high bandwidth connectivity solutions, today announced it is expanding its high performance network to strategic locations in the Los Angeles metro market. New fast, fiber optic routes will specifically extend AboveNet's reach to enterprise and carrier customers in Costa Mesa, Irvine and into south ... |
| | | 02/02/11 | AboveNet Closes New $250 Million Revolving Credit Facility| WHITE PLAINS, NY, Feb 02, 2011 (MARKETWIRE via COMTEX) --AboveNet, Inc. (NYSE: ABVT), a leading provider of high bandwidth
connectivity solutions, today announced it has closed a new five-year
$250 million senior secured revolving credit facility. The purpose of
the credit facility is to provide the company with funds for general
corporate purposes and to repay the company's existing credit
facility.
AboveNet initially drew down $55 million from the new facility which
was principally ... |
| | | 01/28/11 | AboveNet Names Rajiv Datta Chief Operating Officer| White Plains, New York, U.S.A., Jan 28, 2011 (Thomson Reuters ONE via COMTEX) --WHITE PLAINS, N.Y., January 28, 2011 - AboveNet, Inc. (NYSE:ABVT), a leading provider of high bandwidth connectivity solutions, today announced the promotion of Rajiv Datta to Chief Operating Officer. In his new position, Mr. Datta continues to report to AboveNet President and Chief Executive Officer Bill LaPerch.
As Chief Operating Officer, Mr. Datta oversees the company's Operations, Sales, Marketing, IT, Prod... |
| | | 01/06/11 | AboveNet Connects to Philadelphia Technology Park| AboveNet will provide Philadelphia Technology Park with high bandwidth, low latency connections to business hubs in New York, New Jersey and Baltimore WHITE PLAINS, N.Y., January 6, 2011 - AboveNet, Inc. (NYSE:ABVT), a leading provider of high bandwidth connectivity solutions, today announced that it is now connected to the Philadelphia Technology Park, providing the data center's customers with access to its private, optical network and extensive fiber footprint for connectivity from Phil... |
| |
|
| | |
