Once again poking its head above the waters, abvt today launched a new video offering aimed at content producers. Called jabNET, the service enables members of its community to move content around during the production process at high speed.
Abovenet's move follows a similar offering from Cablevision's Optimum Lightpath back in August. Rather than entering the CDN market and delivering video to the end users, they are seeking out the content producers. They seem to be focusing on small shops moreso than the large studios, and the sort of live events that Vyvx specializes in.
All year, we have been seeing signs of life from Abovenet. But will we ever see another 10-Q filed? Haha, that remains to be seen. I have long thought that Abovenet and its attractive metro fiber assets were more likely to be acquired than to actually make it all the way back to a public listing. But with the credit crisis making M&A unlikely, Abovenet doesn't seem to need to make any moves and therefore probably will probably just keep climbing out of that pit. Who knows, it could happen!
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