For the majority of our fiscal year ending on September 30, 2006, our business was comprised of two business units. These units are referred to as our “hosting” and “transport” businesses. The transport business predominantly sells high capacity bandwidth over our fiber optic network to other companies within the telecommunications industry. The hosting business provided various Internet services to small to large businesses. The transport services are sold through our subsidiary NEON Communications Inc. (‘NEON”) and the hosting services were sold through Globix Corporation and its subsidiaries Globix Hosting (UK) Limited and Globix Hosting LLC. During 2006, we conducted a strategic review which led to the divestiture of our hosting business segment. The proceeds from the divestitures were used to pay down our outstanding debt, and leave us sufficient funds to support the current operations of our remaining transport business. As a result of the actions taken during the year ended September 30, 2006 and the following two months, we now are a company without any substantial long-term indebtedness focused on one business; transport services through our NEON subsidiary. We contemplate growing this business organically and by taking advantage of possible synergistic acquisition opportunities.
Company profile
Ticker
NGI
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Bell Technology Group LTD, Globix Corp
SEC CIK
Corporate docs
IRS number
133781263
Latest filings (excl ownership)
15-12B
Securities registration termination
14 Nov 07
25-NSE
Exchange delisting
14 Nov 07
8-K
Other Events
6 Nov 07
DEFA14A
Additional proxy soliciting materials
9 Oct 07
DEFM14A
Proxy related to merger
1 Oct 07
PREM14A
Preliminary proxy related to merger
14 Aug 07
10-Q
2007 Q3
Quarterly report
9 Aug 07
8-K
Entry into a Material Definitive Agreement
26 Jun 07
DEFA14A
Additional proxy soliciting materials
26 Jun 07
8-K
RCN to Acquire NEON Communications Group for up to $5.25 Per Share
25 Jun 07
Latest ownership filings
No filings