AboveNet Communications

It provides managed co-location and Internet connectivity solutions.

AboveNet is a leading provider of high performance, managed co-location and Internet connectivity solutions for electronic commerce and other mission-critical Internet operations. AboveNet has developed a network architecture based upon two strategically located, fault-tolerant facilities that combine content co-location services with direct ISP access to create Internet Service Exchanges ('ISXs'). As of September 30, 1998, the Company had 171 direct public and private data exchange connections, known as peering arrangements, including relationships with all top-tier network providers. The Company's network architecture and extensive peering relationships are designed to reduce the number of network connections or 'hops' for data travelling across the Internet. Furthermore, the convergence of content providers and ISPs at AboveNet's ISXs enables AboveNet's ISP customers to provide their users with 'one hop' connectivity, through AboveNet's local area network, to the co-located content provider's site. As of September 30, 1998, the Company had 316 customers, including a wide range of Internet content providers, Web hosting companies and ISPs. AboveNet is acquired by Zayo.