They may not have caught up on those pesky SEC filings yet, but abvt is still getting stronger. Today they announced an expansion to Austin Texas, opening their 15th metro market. I’m not going to dig it up, but I doubt they have expanded to a new market since before their spectacular implosion during the bubble. It seems to be a further confirmation as well that metro fiber providers are doing just fine, as long as they don’t need to borrow or refinance any time soon.
This follows on the heels of Abovenet’s new video offering last month and their recent upgrade of their IP infrastructure over the holidays. Congrats to Abovenet on generating the cashflow that must be necessary to justify expansion in the face of this economic blender. Now can we get a 10-Q now and then too please? Maybe an investor CC now and then? 🙂
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