-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, F11cyCtO5V2bQRqwSdVSYIzOAJ0hkUmplAZh59iy9GFF9PiU7h2ZOCJMYUEeS0Mg ac9aSJTgPUge6uMzlvbFMg== 0000950123-03-010489.txt : 20030917 0000950123-03-010489.hdr.sgml : 20030917 20030917114142 ACCESSION NUMBER: 0000950123-03-010489 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20030917 GROUP MEMBERS: VERIZON GLOBAL NETWORKS INC GROUP MEMBERS: VERIZON INVESTMENTS INC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ABOVENET INC CENTRAL INDEX KEY: 0001043533 STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATION SERVICES, NEC [4899] IRS NUMBER: 113168327 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-52465 FILM NUMBER: 03898913 BUSINESS ADDRESS: STREET 1: 360 HAMILTON AVE STREET 2: 1 NORTH LEXINGTON AVE CITY: WHITE PLAINS STATE: NY ZIP: 10601 BUSINESS PHONE: 9144216700 MAIL ADDRESS: STREET 1: 360 HAMILTON AVE STREET 2: 1 NORTH LEXINGTON AVE CITY: WHITE PLAINS STATE: NY ZIP: 10601 FORMER COMPANY: FORMER CONFORMED NAME: METROMEDIA FIBER NETWORK INC DATE OF NAME CHANGE: 19970925 FORMER COMPANY: FORMER CONFORMED NAME: NATIONAL FIBER NETWORK INC DATE OF NAME CHANGE: 19970806 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: VERIZON COMMUNICATIONS INC CENTRAL INDEX KEY: 0000732712 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 232259884 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 1095 AVE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10036 BUSINESS PHONE: 2123952121 MAIL ADDRESS: STREET 1: 1095 AVE OF THE AMERICAS STREET 2: 38TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10036 FORMER COMPANY: FORMER CONFORMED NAME: BELL ATLANTIC CORP DATE OF NAME CHANGE: 19920703 SC 13G 1 y89998sc13g.txt SCHEDULE 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No__)(1) AboveNet, Inc. (formerly Metromedia Fiber Network, Inc.) -------------------------------------- (Name Of Issuer) Common Stock, par value $0.01 per share -------------------------------------- (Title of Class of Securities) 00374N107 --------------------------------------- (CUSIP Number) September 8, 2003 --------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [ ] Rule 13d-1(b) [X] Rule 13d-1(c) [ ] Rule 13d-1(d) - -------- (1) The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("the Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP NO. 00374N107 13G 1 NAME OF REPORTING PERSON SS. OR IRS IDENTIFICATION NO. OF ABOVE PERSON Verizon Communications Inc. #23-2259884 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A)[ ] (B)[X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF SHARES 0 (See Item 4) ---------------------------------------------------- 6 SHARED VOTING POWER BENEFICIALLY OWNED BY 436,500 (See Item 4) ---------------------------------------------------- 7 SOLE DISPOSITIVE POWER EACH REPORTING 0 (See Item 4) ---------------------------------------------------- 8 SHARED DISPOSITIVE POWER PERSON WITH 436,500 (See Item 4) - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 436,500 (See Item 4) - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* See Item 4 [X] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.2% (See Item 4) - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* HC - -------------------------------------------------------------------------------- 2 CUSIP NO. 00374N107 13G 1 NAME OF REPORTING PERSON SS. OR IRS IDENTIFICATION NO. OF ABOVE PERSON Verizon Investments Inc. #13-3191789 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A)[ ] (B)[X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF SHARES 0 (See Item 4) ---------------------------------------------------- 6 SHARED VOTING POWER BENEFICIALLY OWNED BY 18,200 (See Item 4) ---------------------------------------------------- 7 SOLE DISPOSITIVE POWER EACH REPORTING 0 (See Item 4) ---------------------------------------------------- 8 SHARED DISPOSITIVE POWER PERSON WITH 18,200 (See Item 4) - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 18,200 (See Item 4) - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* See Item 4 [X] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.2% (See Item 4) - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* HC - -------------------------------------------------------------------------------- 3 CUSIP NO. 00374N107 13G 1 NAME OF REPORTING PERSON SS. OR IRS IDENTIFICATION NO. OF ABOVE PERSON Verizon Global Networks Inc. #54-1885546 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A)[ ] (B)[X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF SHARES 0 (See Item 4) ---------------------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY 418,300 (See Item 4) ---------------------------------------------------- 7 SOLE DISPOSITIVE POWER EACH REPORTING 0 (See Item 4) ---------------------------------------------------- 8 SHARED DISPOSITIVE POWER PERSON WITH 418,300 (See Item 4) - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 418,300 (See Item 4) - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* See Item 4 [ ] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.0% (See Item 4) - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* HC - -------------------------------------------------------------------------------- 4 Item 1. (a) Name of Issuer AboveNet, Inc. (formerly Metromedia Fiber Network, Inc,) (b) Address of Issuer's Principal Executive Offices 360 Hamilton Avenue White Plains, New York 10601 Item 2. (a) Name of Persons Filing Verizon Communications Inc. ("Verizon") Verizon Investments Inc. ("VII") Verizon Global Networks Inc. ("VGNI") Verizon, VII and VGNI collectively may be referred to herein as the "Reporting Persons". (b) Address of Principal Business Office or, if none, Residence Verizon 1095 Avenue of the Americas New York, New York 10036 VII 3900 Washington Street Wilmington, Delaware 19802 VGNI 1320 N. Court House Road Arlington, Virginia 22201 (c) Citizenship Each of Verizon, VII and VGNI is incorporated under the laws of the State of Delaware. 5 (d) Title of Class of Securities Common Stock, par value $0.01 per share (e) CUSIP Number 00374N107 Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b), check whether the person filing is a: (a) [ ] Broker or Dealer registered under Section 15 of the Exchange Act (b) [ ] Bank as defined in Section 3(a)(6) of the Exchange Act (c) [ ] Insurance Company as defined in Section 3(a)(19) of the Exchange Act (d) [ ] Investment Company registered under Section 8 of the Investment Company Act (e) [ ] Investment Adviser in accordance with Rule 13d-1(b)(1)(ii)(E) (f) [ ] Employee Benefit Plan or Endowment Fund in accordance with 13d-1(b) (1)(ii)(F) (g) [ ] Parent Holding Company or Control Person in accordance with Rule 13d-1(b)(1)(ii)(G) (h) [ ] Savings Association as defined in Section 3(b) of the Federal Deposit Insurance Act (i) [ ] Church Plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act (j) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J) Item 4. Ownership (a) Amount Beneficially Owned: The Issuer filed a Current Report on Form 8-K with the Securities and Exchange Commission ("SEC") on September 8, 2003 in which it reported that it had emerged from Chapter 11 of the U.S. Bankruptcy Code on September 8, 2003 (the "Effective Date"), pursuant to the Issuer's Second Amended Plan of Reorganization (the "Plan"). The Reporting Persons believe that they may be deemed to have acquired beneficial ownership of in excess of 5% of the 6 Common Stock of the Issuer as of the Effective Date pursuant to the Plan in exchange for claims of the Reporting Persons against the Issuer and its subsidiaries. VII is a direct wholly owned subsidiary of Verizon and may be deemed to be the direct beneficial owner of shares of Common Stock of the Issuer. By virtue of their relationships, Verizon and VII may be deemed to have shared power to vote and dispose of, or to direct the vote and disposition of, the shares that may be deemed to be beneficially owned by VII. VGNI is a direct wholly owned subsidiary of Verizon and may be deemed to be the direct beneficial owner of shares of Common Stock of the Issuer. By virtue of their relationships, Verizon and VGNI may be deemed to have shared power to vote and dispose of, or to direct the vote and disposition of, the shares that may be deemed to be beneficially owned by VGNI. The responses of the Reporting Persons to Rows (9) and (10) of the cover pages of this Schedule 13G are incorporated herein by reference. VII estimates that as of the Effective Date VII may be deemed to beneficially own approximately 18,200 shares of Common Stock of the Issuer, which includes the right to acquire approximately 8,700 shares of Common Stock pursuant to warrants issued by the Issuer to VII pursuant to the Plan. The foregoing amount does not include any shares of Common Stock for which VII may be able to subscribe pursuant to nontransferable rights issued under the Plan and exercisable through the first business day after the 30th day after the Effective Date. VGNI estimates that as of the Effective Date VGNI may be deemed to beneficially own approximately 418,300 shares of Common Stock of the Issuer. As of the date hereof, the Reporting Persons have been only able to estimate the number of shares of Common Stock they may be deemed to beneficially own because the Reporting Persons have not yet received information sufficient to determine with precision the number of shares of Common Stock received or receivable pursuant to the Plan. Such number of shares cannot be finally determined until the actual amount of Allowed Claims (as defined in the Plan) has been finally determined by the Issuer. (b) Percent of Class: The responses of the Reporting Persons to Row (11) of the cover pages of this Schedule 13G are incorporated herein by reference. For purposes of calculating the percent of Common Stock that may be deemed to be beneficially owned, the Reporting Persons estimate that there were approximately 8,306,465 shares of Common Stock outstanding as of the Effective Date, based on information set forth in the Plan and in the Issuer's Form 8-K filed with the SEC on September 8, 2003. For purposes of such calculation for Verizon and VII, an additional 8,700 shares of Common Stock that VII has the right to acquire pursuant to warrants 7 that may be deemed to be beneficially owned by it, are to be deemed outstanding, in accordance with Rule 13d-3 under the Exchange Act. As of the date hereof, the Reporting Persons have been only able to estimate their percent of class that may be deemed to be beneficially owned because the Reporting Persons have not yet received information sufficient to determine with precision (i) the number of shares of Common Stock received or receivable pursuant to the Plan and (ii) the number of shares of Common Stock outstanding. Such numbers of shares cannot be finally determined until the actual amount of Allowed Claims (as defined in the Plan) has been finally determined by the Issuer. (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote, (ii) shared power to vote or to direct the vote, (iii) sole power to dispose or to direct the disposition, and (iv) shared power to dispose or to direct the disposition, in each case are incorporated by reference from the responses of the Reporting Persons to Rows (5) through (8) of the cover pages of this Schedule 13G and Item 4(a) hereof. Item 5. Ownership of Five Percent or Less of a Class: Not Applicable Item 6. Ownership of More Than Five Percent on Behalf of Another Person: Not Applicable. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported On by the Parent Holding Company: See Item 4. Item 8. Identification and Classification of Members of the Group: Not Applicable. Item 9. Notice of Dissolution of Group: Not Applicable. Item 10. Certifications: (b) By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or 8 with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. 9 SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. September 17, 2003 ------------------------------------------ VERIZON COMMUNICATIONS INC. /s/Marianne Drost ------------------------------------------ Signature Marianne Drost - Senior Vice President, Deputy General Counsel and Corporate Secretary ------------------------------------------ Name/Title VERIZON INVESTMENTS INC. /s/Janet M. Garrity ------------------------------------------ Signature Janet M. Garrity - President and Treasurer ------------------------------------------ Name/Title VERIZON GLOBAL NETWORKS INC. /s/Robert S. Fitzmire ------------------------------------------ Signature Robert S. Fitzmire - Treasurer ------------------------------------------ Name/Title 10 EXHIBIT A AGREEMENT AS TO JOINT FILING OF SCHEDULE 13G The undersigned hereby agree and consent to the joint filing on their behalf of this Schedule 13G. September 17, 2003 --------------------------------------------- VERIZON COMMUNICATIONS INC. /s/Marianne Drost --------------------------------------------- Signature Marianne Drost - Senior Vice President, Deputy General Counsel and Corporate Secretary --------------------------------------------- Name/Title VERIZON INVESTMENTS INC. /s/Janet M. Garrity --------------------------------------------- Signature Janet M. Garrity - President and Treasurer --------------------------------------------- Name/Title VERIZON GLOBAL NETWORKS INC. /s/Robert S. Fitzmire --------------------------------------------- Signature Robert S. Fitzmire - Treasurer --------------------------------------------- Name/Title 11 -----END PRIVACY-ENHANCED MESSAGE-----