MFNX meaning in Business ?

Answer: What is Metromedia Fiber Network mean?

AboveNet was a provider of high bandwidth telecommunication circuits primarily for large corporate enterprises and communications carriers in 17 markets in the United States and 4 markets in Europe. Its private optical network delivered key network and IP services and was used in financial and legal services, media, health care, retail, and government.

The company was formerly named Metromedia Fiber Network and changed its name to AboveNet in 2003 after emerging from bankruptcy.

Before its bankruptcy in 2002, the company was financially backed by John Kluge and Verizon.

In 2012, the company was acquired by Zayo Group for $2.2 billion in cash.

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