High Bandwidth Connectivity Solutions Provider Continues Commitment to Private Fiber Network Build-Outs in Leading Metro Markets,
WHITE PLAINS, N.Y., August 6, 2010 – AboveNet, Inc. (NYSE:ABVT, news, filings), a leading provider of high bandwidth connectivity solutions, today announced its service expansion into Denver with deployment of a new private fiber optic metro network. Denver becomes the company’s newest market to be opened for commercial business.
AboveNet’s fiber build-out in Denver reinforces the company’s commitment to continued investment in advanced network facilities that broaden network assets. AboveNet’s Denver network will span 97 route miles of 432 and 216 fiber cables, delivering 23,000 fiber miles to support the mission critical business activities of Fortune 1000 companies and other large enterprises and organizations in the area.
“AboveNet is very pleased to launch our latest metro network in Denver,” said John “Joc” Jacquay, Senior Vice President of Sales and Marketing at AboveNet. “We see tremendous opportunity to provide our low latency, high bandwidth connectivity solutions to the many key businesses in this vital market.”
AboveNet has already begun selling to customers in Denver, and additional commercial installations of dark fiber and other selected lit services will be available for service by January 1, 2011. According to the Metro Denver Economic Development Corporation report of May 2010, Denver is home to an array of Fortune 1000 companies, including telecommunications, media, Internet services, retailing, and financial data services enterprises.
About AboveNet, Inc.
AboveNet, Inc. provides high bandwidth connectivity solutions for business and carriers. Its private optical network delivers key network and IP services in and among top U.S. metro markets and globally. AboveNet's network is widely used in demanding markets such as financial services, media, health care, retail and government.
# # #
This news release contains forward-looking statements that involve risks and uncertainties. Factors that could cause or contribute to such risks and uncertainties include, but are not limited to, general economic and business conditions, competition, changes in technology and methods of marketing, and various other factors beyond the Company’s control. This also includes such factors as are described from time to time in the SEC reports filed by AboveNet, Inc., including the most recently filed Form 8-K.