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AboveNet was founded over 15 years ago and started out by an electrical contractor. They had to fight the City of New York to getslotted pvc trunking  a franchise agreement to put fiber optic cabling in the ground in order to compete with the ILECs. This is a very capital intensive business and required additional funding. The Metromedia Group decided to invest in the company and slotstatoridge.com changed theCanaletas   name to Metromedia Fiber Network.”

Metromedia Fiber Network had quite an  Canaletas explosive growth in the late ‘90s which occurred as a lot of the telecom companies of the wire duct ‘90s were restructuring. They reorganized as AboveNet, Inc. in 2003 and today they are listed on the New York Stock Exchange (ABVT)