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AboveNet Post 2Q Financials.

Publication: Wireless News
Publication Date: 13-AUG-09 		Format: Online
Delivery: Immediate Online Access
Full Article Title: AboveNet Post 2Q Financials.(AboveNet Communications Inc.'s financial news)(Financial report)

Article Excerpt
AboveNet, a provider of high-bandwidth connectivity solutions, announced results for the second quarter ended June 30.

"We delivered another quarter of solid year-over-year growth in revenue and Adjusted EBITDA, dominated by gains in revenue from domestic lit services," said Bill LaPerch, President and Chief Executive Officer. "Revenue growth during the quarter included the installation of service for several new logos spread among bandwidth-hungry companies in the media, financial services, and energy sectors. We also continued to install additional services to many existing customers, further leveraging our customer capital investments. As prospects and customers increasingly take a hard look at the expense side of their business during this economic downturn, we believe our wide array of lit services combined with the breadth and depth of our metro fiber...

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