BNET Industries
Market Cap:$96.2M
Last Fiscal Year Sales:$58.2M
- Public
- US
Dow Jones Description
We provide complex interconnection services enabling the exchange of voice, video and data traffic between multiple global networks. We own and operate integrated colocation facilities and diverse transport routes in the gateway markets of New York/New Jersey, Los Angeles, Chicago and Miami. Our network infrastructure and facilities are designed to provide comprehensive broadband interconnectivity for the worlds largest network operators, including leading domestic and international telecommunications carriers and service providers. We operate with the reliability and resiliency to deliver core network backbone services for mission critical requirements. In our network-neutral colocation facilities, we provide racks, cabinets and customized caged spaces for our customers to deploy networking equipment and establish network points of presence. The facilities are located in the key carrier hotels of our gateway markets. A carrier hotel is an industrial or commercial building in which a network operator houses its networking equipment. We also provide redundant power systems, environmental controls and security for customers colocation needs at these network aggregation points. Within and between our facilities, we provide transport services that enable our customers to directly interconnect with each other over our networks. Our interconnection services include optical and electrical cross-connections and peering, lit connectivity, wavelengths and dark fiber services. ...
Director, President and Chief Executive OfficerJon A. Deluca
Number of Employees 73
Peer Companies
NAICS Code Wired Telecommunications Carriers: 517110
Recent Events
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Levi & Korsinsky, LLP Announces Class Action Lawsuit Against FiberNet Telecom Group, Inc. -- FTGX
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Sarraf Gentile LLP Announces Filing of Lawsuit in Connection With
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Zayo to Merge With FiberNet
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Levi & Korsinsky, LLP Investigates Breach of Fiduciary Duty by the Board of FiberNet Telecom...
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FiberNet Selects Ekinops Optical Gear
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FiberNet Telecom Group Q1 loss narrows - Quick Facts
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FiberNet Reports Fourth Quarter and Full Year 2008 Results
News & Analysis
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fibernet telecom group inc. - All News and Analysis
FiberNet Telecom Group Q4 2007 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Your first question comes from the line of Colby Synesael from Merriman. Please proceed. Colby Synesael – Merriman Curhan Ford & Co. I have three questions so I’ll just ask them all and then you can just go through them. ...
FiberNet Releases 4Q and 2006 Results.
M2 PRESSWIRE-29 March 2007-Making The Watchlist: FiberNet Releases 4Q and 2006 ResultsC1994-2007 M2 COMMUNICATIONS LTD RDATE:29032007 Market Gainer is quickly emerging as the one stop shop for international small-cap investors looking to stay a step ahead of the markets. Today's activity...
FBOR, FTGX, GAXC, GRMN, MVIS, NBDR Have Also Been Removed From Naked Short List Today.
M2 PRESSWIRE-22 November 2006-BUYINS.NET: FBOR, FTGX, GAXC, GRMN, MVIS, NBDR Have Also Been Removed From Naked Short List TodayC1994-2006 M2 COMMUNICATIONS LTD RDATE:22112006 BUYINS.NET, www.buyins.net, announced today that these select companies have been removed from the NASDAQ, AMEX and NYSE naked...
GLDS, FTGX, NTRZ, LGCFF, DALRQ Have Been On BUYINS.NET Naked Short List For 13 Consecutive Trading Days.
M2 PRESSWIRE-21 November 2006-BUYINS.NET: GLDS, FTGX, NTRZ, LGCFF, DALRQ Have Been On BUYINS.NET Naked Short List For 13 Consecutive Trading DaysC1994-2006 M2 COMMUNICATIONS LTD RDATE:21112006 BUYINS.NET, www.buyins.net, announced today that these select companies have been on the NASDAQ, AMEX and NYSE...
FTGX, ICOP, MDLK, MTMC, YZC, CONX Have Been Added To Naked Short List Today.
M2 PRESSWIRE-3 November 2006-BUYINS.NET: FTGX, ICOP, MDLK, MTMC, YZC, CONX Have Been Added To Naked Short List TodayC1994-2006 M2 COMMUNICATIONS LTD RDATE:03112006 BUYINS.NET, www.buyins.net, announced today that these select companies have been added to the NASDAQ, AMEX and NYSE naked short...
Naked Short Web Site announces BWNG, FFH, FSBK, FTGX, GNT, MAXM have been removed from threshold lists today.
M2 PRESSWIRE-15 July 2005-BUYINS.NET: Naked Short Web Site announces BWNG, FFH, FSBK, FTGX, GNT, MAXM have been removed from threshold lists todayC1994-2005 M2 COMMUNICATIONS LTD RDATE:15072005 BUYINS.NET, www.buyins.net, announced today that these select companies have been removed from the NASDAQ, AMEX...
ELU, FTGX, MVOG have been on BUYINS.NET naked short list for 13 consecutive trading days.
M2 PRESSWIRE-13 July 2005-BUYINS.NET: ELU, FTGX, MVOG have been on BUYINS.NET naked short list for 13 consecutive trading daysC1994-2005 M2 COMMUNICATIONS LTD RDATE:13072005 BUYINS.NET, www.buyins.net, announced today that these select companies have been on the NASDAQ, AMEX and NYSE naked short...
GEOI, VLCCF, AEGN, DTMG, FTGXD, PRTL Have Been On BUYINS.NET Naked Short List For 13 Consecutive Trading Days.
M2 PRESSWIRE-23 June 2005-BUYINS.NET: GEOI, VLCCF, AEGN, DTMG, FTGXD, PRTL Have Been On BUYINS.NET Naked Short List For 13 Consecutive Trading DaysC1994-2005 M2 COMMUNICATIONS LTD RDATE:23062005 www.buyins.net, announced today that these select companies have been on the NASDAQ, AMEX and NYSE...
AEGN, FSVP, VLCCF, GEOI, PRTL, FTGXD have been added to naked short lists today.
M2 PRESSWIRE-7 June 2005-BUYINS.NET: AEGN, FSVP, VLCCF, GEOI, PRTL, FTGXD have been added to naked short lists todayC1994-2005 M2 COMMUNICATIONS LTD RDATE:07062005 BUYINS.NET, www.buyins.net, announced today that these select companies have been added to the NASDAQ, AMEX and NYSE naked short...
OTCNetStocks.com announces the inclusion of FiberNet Telecom Group Inc. to its Focus 30 Model Portfolio.
M2 PRESSWIRE-28 November 2000-OTCNetStocks.com: OTCNetStocks.com announces the inclusion of FiberNet Telecom Group Inc. to its Focus 30 Model Portfolio C1994-2000 M2 COMMUNICATIONS LTD RDATE:28112000 Orlando, FL -- OTCNetStocks.com, an online publication of Stock News Media Corp. announced today...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Jon A. Deluca | Director, President and Chief Executive Officer |
| Charles S. Wiesenhart | Vice President Finance and Chief Financial Officer |
| Ernest Hoffmann | Senior Vice President, Network Services |
| Michael Hubner | General Counsel & Senior Vice President |
| Tom Brown | Senior Vice President, Sales & Marketing |
| Arthur Valhuerdi | Vice President, Infrastructure |
| Ernie Hoffmann | Vice President of Engineering |
| John Dowd | Vice President, Business Dev |
| John Ennis | Vice President, Operations & IT |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Robert E. La Blanc | Director, Chairman |
| Adam M. Brodsky | Board of Directors |
| Charles J. Mahoney | Board of Directors |
| Michael S. Liss | Board of Directors |
| Oskar Brecher | Board of Directors |
| Richard E. Sayers | Vice Chairman |
| Roy D. Farmer III | Board of Directors |
| Timothy Bradley | Board Member |
| Organization | Position | Status |
|---|---|---|
| Fibernet | Chief Executive Officer | Current |
| FiberNet Telecom Group, Inc. | Director, President and Chief Executive Officer | Current |
| FiberNet Telecom Group, Inc. | Board of Directors | Current |
| Fibernet | President | Former |
| Stearns Inc. | Former | |
| Bear, Inc. | Former | |
| Trinity College | BA | Former |
Mr. Wiesenhart is our Vice President of Finance and Chief Financial Officer. From 2001 until his promotion in 2006, Mr. Wiesenhart was our Controller, and from 2000 to 2001, he served as our Assistant Controller. From 1993 to 2000, Mr. Wiesenhart was employed at Deloitte & Touche LLP. Mr. Wiesenhart has a B.B.A. in Accountancy from Baruch College of the City University of New York.
| Organization | Position | Status |
|---|---|---|
| FiberNet Telecom Group, Inc. | Vice President Finance and Chief Financial Officer | Current |
| FiberNet Telecom Group, Inc. | Controller | Former |
| Baruch College | B.B.A. In Accountancy | Former |
| Organization | Position | Status |
|---|---|---|
| FiberNet Telecom Group, Inc. | Senior Vice President, Network Services | Current |
| Fibernet | Current | |
| Polytechnic University | M.S. In Telecommunications and Computing Management | Former |
| Boston University | B.S. In Electrical Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| FiberNet Telecom Group, Inc. | General Counsel & Senior Vice President | Current |
| New York University | J.D. | Former |
| Lafayette College | B.A. | Former |
Mr. Brown is the Senior Vice President of Sales and Marketing. From 1997 to 1999, Mr. Brown was Director of Carrier Sales at DirectNet Telecommunications LLC, a private International Carrier. From 1992 to 1997 Mr. Brown held various managerial positions with both LCI International and AT&T. Mr. Brown has a BA degree from University of Massachusetts at Amherst.
| Organization | Position | Status |
|---|---|---|
| FiberNet Telecom Group, Inc. | Senior Vice President, Sales & Marketing | Current |
| FiberNet Telecom Group, Inc. | Sales Executive | Former |
| University of Massachusetts Amherst | BA | Former |
| Organization | Position | Status |
|---|---|---|
| FiberNet Telecom Group, Inc. | Vice President, Infrastructure | Current |
| The George Washington University | Master's Certificate in Project Management | Former |
| Manhattan College | B.S. In Electrical Engineering | Former |
Mr. Hoffmann is the Senior Vice President of Network Services. The network services team is responsible for construction, installation, engineering, network management and maintenance as well as strategic network planning. Ernest is responsible for the execution of all aspects of service delivery throughout FiberNet. Mr. Hoffman joined FiberNet in 2000. Prior to that, he spent 12 years at Verizon holding a variety of engineering and construction management positions of increasing scope throughout the boroughs of New York City. Mr. Hoffmann holds a B.S. degree in Electrical Engineering from Boston University and a M.S. in Telecommunications and Computing Management from Polytechnic University.
| Organization | Position | Status |
|---|---|---|
| FiberNet Telecom Group, Inc. | Vice President of Engineering | Current |
| Polytechnic University | M.S. In Telecommunications and Computing Management | Former |
| Boston University | B.S. Degree In Electrical Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| FiberNet Telecom Group, Inc. | Vice President, Business Dev | Current |
| New York University | M.B.A. | Former |
| Villanova University | B.S. In Civil Engineering | Former |
Mr. Ennis is the Vice President of Operations and Information Technology. From 1984 to 2000, he held various systems engineering and management positions at AT&T Bell Laboratories and AT&T Network Operations. From 1975 to 1980, he served as a Communications Officer and a Nuclear Reactor Officer in the U.S. Navy. Mr. Ennis has a B.S. degree from the U.S. Naval Academy and a Ph.D. in Nuclear Physics from Yale University.
| Organization | Position | Status |
|---|---|---|
| FiberNet Telecom Group, Inc. | Vice President, Operations & IT | Current |
| Yale University | Ph.D. In Nuclear Physics | Former |
| United States Naval Academy | B.S. degree | Former |
| Yale University | B.S. | Former |
ROBERT E. LA BLANC was appointed as Chairman of the Board in 2008 and has served as one of our directors since 2003. He is President of Robert E. La Blanc Associates, Inc., an information technologies consulting and investment banking firm, and is active in the field of venture capital. Prior to founding La Blanc Associates, in 1981, Mr. La Blanc was Vice Chairman of Continental Telecom, Inc., a diversified telecommunications company providing service to over three million customers in 2,000 communities in 37 states and the Caribbean. Prior to joining Continental, he spent ten years with the major investment banking firm of Salomon Brothers Inc. where he was a General Partner and the founder of the firm s telecommunications team. Mr. La Blanc is currently a director of the following public companies: CA Inc. and more than 75 Prudential Mutual Funds. Mr. La Blanc holds the degrees of Bachelor of Electrical Engineering from Manhattan College and Master in Business Administration from New York University. He is also a graduate of an extensive technical training program at the Bell Telephone Laboratories.
| Organization | Position | Status |
|---|---|---|
| FiberNet Telecom Group, Inc. | Director, Chairman | Current |
| Norwood Venture Corp | Chairman | Current |
| Edelson Technology Partners | Chairman | Current |
| Titan Corporation | Director | Current |
| Jk&B Capital | Board of Directors | Current |
| Chartered Semiconductor Manufacturing Ltd. | Director | Current |
| Cross Border Enterprises | Board of Directors | Current |
| Coleman Research Group, Inc. | Board of Directors | Current |
| Norwood Venture Corp | Director | Current |
| Bell Laboratories | General Partner | Former |
| Salomon Brothers, Inc. | General Partner | Former |
| Salomon Brothers | General Partner | Former |
| Salomon Brothers Inc. | General Partner | Former |
| Continental | Former | |
| AT&T Inc. | Former | |
| Manhattan College | Vice-Chair | Former |
| FiberNet Telecom Group, Inc. | Board of Directors | Former |
| Continental Telecom Company | Vice Chairman | Former |
| M/A-COM, Inc. | Director | Former |
| European American Bank | Director | Former |
| New York University | MBA | Former |
| Manhattan College | B.E.E. | Former |
| Organization | Position | Status |
|---|---|---|
| Muhlenberg College | Board of Directors | Current |
| FiberNet Telecom Group, Inc. | Board of Directors | Current |
| Muhlenberg College | B.A. | Former |
Mr. Charles Mahoney has served as one of our directors since 1999. Previously, he served as President and Chief Executive Officer of Arcade Building Services, a wholly-owned subsidiary of Tishman Speyer Properties, L.P. From 1990 to 2000, he was Senior Managing Director and Managing Director with Tishman Speyer Properties. Prior to his employment at Tishman Speyer Properties, Mr. Mahoney was Senior Vice President, Director of Engineering and Construction at the Helmsley Organization and General Manager of Operations at Consolidated Edison Inc. He holds a B.S. from C.W. Post College.
| Organization | Position | Status |
|---|---|---|
| FiberNet Telecom Group, Inc. | Board of Directors | Current |
| Tishman Speyer Properties LP | Senior Managing Director | Former |
| C.W. Post College | B.S. | Former |
| Organization | Position | Status |
|---|---|---|
| FiberNet Telecom Group, Inc. | Board of Directors | Current |
| Lazard Ltd. | Managing Director | Former |
| FiberNet Telecom Group, Inc. | Chairman of the Board | Former |
| Yale Law School | J.D. | Former |
| Columbia University | B.A. | Former |
| Organization | Position | Status |
|---|---|---|
| Afc Realty Capital, Inc. | Current | |
| FiberNet Telecom Group, Inc. | Board of Directors | Current |
| The Moinian Group | Director of Development | Former |
| The Cadillac Fairview Corporation Limited | senior executive | Former |
| FiberNet Telecom Group, Inc. | member | Former |
| Harvard University | M.B.A. | Former |
| McGill University | Bachelor of Architecture | Former |
Mr. Richard Sayers was appointed as Vice Chairman of our Board of Directors in July 2004. He has served as one of our directors since 1999. Since 1996, he has served as President of Taurus Telecommunications, Inc., a private consulting company in the telecommunications industry. From 1994 to 1996, Mr. Sayers was the Vice Chairman of ACC Corp. and President of its International Group, serving as Chairman of ACC Telenterprises (ACC-Canada) and Chairman of ACC Long Distance, United Kingdom. Mr. Sayers has nearly 40 years of executive-level experience in the telecommunications industry. He has a B.S. in Electrical Engineering and a B.A. in English from Union College.
| Organization | Position | Status |
|---|---|---|
| FiberNet Telecom Group, Inc. | Vice Chairman | Current |
| Fibernet | Vice Chairman | Current |
| International Group | President | Former |
| American Campus Communities, Inc. | Vice Chairman | Former |
| Fibernet | Board of Directors | Former |
| FiberNet Telecom Group, Inc. | Board of Directors | Former |
| Union College | B.S. In Electrical Engineering | Former |
Mr. Roy (Trey) Farmer III has served as one of our directors since 1999. Mr. Farmer is a managing partner of BBF Partners Aktiengesellschaft, a private merchant banking fund based in Istanbul, Turkey and Vaduz, Liechtenstein. From 1999 to 2001, Mr. Farmer was our Executive Vice President and then our Chief Operating Officer. From 1998 to 1999, he was a partner of Sterling Capital LLC, a private investment firm. From 1997 to 1998, Mr. Farmer worked with a group of strategic consulting firms that repositioned technology companies. He has an A.B. from Princeton University, a M.Ed. from Harvard University and a M.A.R. From Yale University.
| Organization | Position | Status |
|---|---|---|
| FiberNet Telecom Group, Inc. | Board of Directors | Current |
| Sterling Capital Corporation | Partner | Former |
| Princeton University | A.B. | Former |
| Organization | Position | Status |
|---|---|---|
| Signal Equity Partners | Co-Founder | Current |
| The-Signal.Com | Co-Founder | Current |
| Oceanic Digital Communications | Board Member | Current |
| FiberNet Telecom Group, Inc. | Board Member | Current |
| Signal Equity Partners | Managing Director | Former |
| Signal Equity Partners | Managing Partner | Former |
| Beta Gamma Sigma | Board of Directors | Former |
| New York University School of Law | Jd | Former |
| New York University | J.D. | Former |
| Columbia Business School | MBA | Former |
| Yale University | BA | Former |
| Beta Gamma Sigma | Member | Former |
Executive News
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FiberNet Selects Ekinops Optical Gear
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FiberNet Telecom Group Selects Ekinops 360 Optical Transport, Citing Reliability, Management, Density and Cost Benefits
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FiberNet Telecom Group Selects Ekinops 360 Optical Transport, Citing Reliability, Management,...
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FiberNet Telecom Group Selects Ekinops 360 Optical Transport, Citing Reliability, Management, Density and Cost Benefits
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FiberNet Reports First Quarter 2009 Results
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