Infocomm Investments - Building tomorrow's great companies

IIPL invested in AboveNet, a co-location provider, in April 1998. We held our stake in the company after its IPO on NASDAQ in December 1998. AboveNet subsequently merged with Metromedia Fiber Network, a White Plains, New York-based dark fibre company in 1999. We exited from Metromedia Fiber Network (MFNX) in 2000 when the company was at its peak with a market capitalisation of US$27 billion.