Munich, April 26th 2012 -- AboveNet, Inc. (NYSE:ABVT, news, filings) 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 marketplace of 430 providers including service providers, broadband operators, cloud computing players and more with reach to over 63 nations.
"Carrier Ethernet is fast changing the game," says Brett Johnson, vice president, Business Development for AboveNet Europe. "We began in the early 90s providing fibre optic infrastructure for carriers, but as enterprises and government departments increasingly adopt Ethernet the potential market for our level of service has hugely expanded. Ancotel's customers will gain a competitive advantage from this partnership, and we will benefit from their customers' significant global coverage."
AboveNet is already firmly established in the U.S. as a provider of high bandwidth, high availability Ethernet services for the most critical applications - such as media companies with the need for fast transfer of vast video files; financial services where latency, measured in milliseconds, can break a deal; and governments demanding the highest levels of security. As a private network, without the added complexity of supporting consumer services, AboveNet has optimized its network topology to focus on low latency, high-end business and government services.
"Bandwidth, reliability, latency and other critical factors must be optimal for applications such as private cloud, business continuity and disaster recovery," explains Frank Orlowski, vice president, ancotel. "AboveNet has built its reputation as a high performance provider to the most demanding markets. Access via our Frankfurt hub means that world class services, including global and local networks, cloud computing platforms, Internet services and more can now be interconnected in minutes by our engineers, without the planning and cable installation delays. It's a prestigious addition to our service provider customer offerings, and a great opportunity for their clients to build reliable, high-bandwidth enterprise networks that guarantee optimal performance."
"We are pleased to be working with a dynamic partner like ancotel to assist our seamless connectivity thrust into these growing markets," Johnson added.
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. and European markets. AboveNet's network is widely used in demanding markets such as financial services, media, health care, retail and government.
About ancotel ancotel GmbH is Europe's leading network neutral interconnection company headquartered in Frankfurt, Germany. ancotel provides massively scalable interconnection services and secure, reliable colocation services in its densely connected Kleyer90.® flagship facility.
Founded in 1999, more than 400 companies from 60+ countries are currently using ancotel to expand their business and exchange data and voice traffic - efficiently and securely. All types of Carriers & Providers including incumbents, VOIP providers, broadband providers, content delivery networks, and web hosters use ancotel to improve their network performance and to lower their costs. ancotel operates 50,000+ cross connects which customers use for voice and data interconnection (Ex. IP-Transit, Peering, TDM Voice and VOIP, VPN etc). ancotel's more than 400 satisfied customers include: 1&1, A1 Telekom Austria, AboveNet, AT&T, Belgacom, BT, Cable & Wireless, China Telecom, Colt, Deutsche Telekom, euNetwork, GTS, iBasis, KDDI Corporation, KPN, Level 3, NTT, RETN, Swisscom, Tata Communication, Telecom Italia, Telefonica O2, TeliaSonera, Türk Telekom, Verizon, and Vodafone.
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Statements made in this press release that are not historical in nature constitute forward-looking statements within the meaning of the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. We cannot assure you that the future results expressed or implied by the forward-looking statements will be achieved. Such statements are based on the current expectations and beliefs of the management of AboveNet, Inc. and are subject to a number of risks and uncertainties that could cause actual results to differ materially from the future results expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, industry competition, pricing and macro-economic conditions and the Company's financial and operating prospects. The Company's business could be materially adversely affected and the trading price of the Company's common stock could decline if these risks and uncertainties develop into actual events. The Company cautions you not to place undue reliance on these forward-looking statements, which speak only as of their respective dates. The Company undertakes no obligation to publicly update or revise forward-looking statements to reflect events or circumstances after the date of this presentation or to reflect the occurrence of unanticipated events. A more detailed discussion of factors that may affect the Company's business and future financial results is included in the Company’s SEC filings, including, but not limited to, those described in “Risk Factors” and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in the Company's Annual Report on Form 10-K for the year ended December 31, 2010 and in the Company's subsequently filed Quarterly Report(s) on Form 10-Q.