AB0VENET INC: Telekenex’s Lawsuit Settled on Sept. 29 in Calif.

Telekenex, Inc.’s lawsuit against AboveNet, Inc. was settled on Sept. 29, 2008 in San Francisco County Superior Court.

In May 2008, Telekenex, a customer, filed a complaint against the Company, alleging that the Company failed to deliver to Telekenex fiber optic…

ABOVENET INC: Global Voice Networks Settlement Reached in August

AboveNet, Inc., in August 2008, reached a settlement agreement under which the Company paid Global Voice Networks Limited (GVN) US$600,000 and agreed to provide additional construction of duct at an estimated cost of US$1.2 million and provide GVN limited additional…

ABOVENET INC: Settles Dispute with Telekenex on Contract Breach

AboveNet, Inc., on Sept. 29, 2008, signed an agreement with customer Telekenex, Inc. resolving Telekenex’s May 2008 complaint filed in the San Francisco County Superior Court against the Company.

The complaint alleges that the Company failed to deliver to Telekenex fiber…