AboveNet

AboveNet
Founded1993; 31 years ago (1993)
DefunctJuly 2, 2012; 12 years ago (2012-07-02)
FateAcquired by Zayo Group
HeadquartersWhite Plains, New York
RevenueIncrease $472 million (2011)
Increase $72 million (2011)
Total assetsIncrease $911 million (2011)
Total equityIncrease $647 million (2011)
Number of employees
713 (2011)
Footnotes / references
[1]

AboveNet was a provider of high bandwidth telecommunication circuits primarily for large corporate enterprises and communications carriers in 17 markets in the United States and 4 markets in Europe. Its private optical network delivered key network and IP services and was used in financial and legal services, media, health care, retail, and government.

The company was formerly named Metromedia Fiber Network and changed its name to AboveNet in 2003 after emerging from bankruptcy.

Before its bankruptcy in 2002, the company was financially backed by John Kluge and Verizon.

In 2012, the company was acquired by Zayo Group for $2.2 billion in cash.

  1. ^ "AboveNet, Inc. 2011 Form 10-K Annual Report". U.S. Securities and Exchange Commission.