New Edge Networks

New Edge Networks is a national business broadband services provider that operates one of the largest multi-service data communications networks in the United States.

In addition to providing frame relay, wide area networks, and other advanced data services nationally, New Edge has one of the largest DSL coverage footprints for small and midsize cities across the country. We also provide dedicated high-speed Internet access in 30 major metropolitan areas. New Edge Networks offers frame relay access and gateway products through agent programs or complementary arrangements with other carriers. We also provide a wide variety of business-class DSL and T-1 solutions through Internet Service Providers and our own retail channel under the TransEdge brand. Top-tier private venture firms, global financial institutions, and worldwide technology firms provide financial backing to New Edge Networks.

Annualized Revenue $ 90 million 
Total Invested Equity $ 350 million
Debt $ 35 million
Employees 280
COs Colocated 600
LATA Coverage 175
ATM Switches 600
Regional Aggregation Points 19
IP Routers 60
Route Miles 50,000
DSL Service Cities Over 360
T-1, DS-3, OC-3, OC-12, Service Locations 30
ATM, Frame Relay, Private Line Services Nationwide

Strategies

Deploy a multi-prong national strategy for offering small businesses and enterprise customers unmatched breadth and depth of national broadband coverage and service options.

Drive sales and revenue growth by offering diverse business-class broadband access and transport services through multiple wholesale, direct, and alternate distribution channels. Maintain diverse revenue streams. 
Focus on high-speed Internet DSL access and data communications. Later overlay other value-added broadband services as these develop. Differentiate on positive customer experiences.

Remain access technology agnostic and operate a carrier-class national backbone network based on IP and Asynchronous Transfer Mode, or ATM, technology. Own and operate the switching equipment; lease network transport and collocation spaces.

Pursue opportunistic acquisitions of stranded broadband customers or network assets that contribute to revenue growth and cash flow. Thrive and grow in the face of economic and telecom downturns.

Achievements

Within our first three years, we raised $350 million of invested equity from top-tier private venture firms, global financial institutions, and worldwide technology firms through a demonstrated track record of performance. We raised more than 75 percent of total equity after March, 2000 (the beginning of a major economic downturn). 
We built one of the largest carrier-class ATM backbone communications networks with 18 regional hubs in major cities and almost 600 nodes in small and midsize towns. During 2000, we installed and activated at a rate equivalent to 1.5 DSL switches (DSLAMs) per day. 
We created one of the widest distribution networks with hundreds of wholesale, direct and indirect reseller partners, agents, value-add resellers, systems integrators, and referral dealers.

New Edge launched high-speed dedicated Internet access in 27 major cities in 19 states plus the District of Columbia, creating a third major source of company revenue in addition to DSL and WAN services.

We acquired customers and network assets from distressed broadband providers and successfully integrated affected customers, averting planned service shutdowns in the aftermath of the telecom meltdown.