NexGen Networks
NexGen Networks is a private facilities-based telecommunications carrier founded in 2002, providing fiber optic connectivity, cloud direct connect, and low-latency networking services to global enterprises across financial, healthcare, legal, and media sectors.
- Company typePrivate
- Founded2002
- HeadquartersNew York, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What NexGen Networks does
NexGen Networks Corporation is a privately held, facilities-based telecommunications carrier founded in 2002 and headquartered in New York. The company owns and operates a global fiber optic network spanning 250+ on-net locations across North America, Europe, the Middle East, and APAC, leveraging unique rights-of-way including gas lines, rail corridors, and underground conduits to deliver low-latency connectivity. Its portfolio is organized across Network Connectivity (Ethernet DIA, Ethernet WAN, Ethernet Metro, Wavelength/Flashwave, SD-WAN), Cloud Services (Cloud Direct Connect, Hybrid Multi Cloud), and Advanced Networking (Financial Extranet, MPLS WAN, Certified UTC TaaS, Network Outsourcing, Dark Fiber Solutions). The underlying platform supports Layer 2 and Layer 3 services over an MPLS backbone with DWDM-based Flashwave wavelength technology engineered for high-frequency trading applications.
The company's go-to-market targets global enterprises across financial markets, healthcare, legal, media, government and education, and carrier segments, with primary emphasis on financial institutions and hospitals. Revenue is generated primarily through recurring subscription-based contracts on dedicated circuits billed monthly, with bandwidth-based pricing ranging from 10Mb to 100G+, supplemented by managed services and colocation revenue. Pricing is quote-based and not publicly disclosed. Distribution relies on enterprise field sales with dedicated account teams, direct cloud provider partnership channels (AWS Direct Connect, Azure ExpressRoute, Google Cloud Interconnect, Oracle FastConnect), and the NexGen Healthcare listing on AWS Marketplace launched in May 2025.
Strategic priorities in 2025 reflect vertical specialization and cloud-era positioning: NexGen Healthcare was formalized as a wholly-owned subsidiary in March 2025 to address healthcare connectivity with HIPAA/HITRUST-compliant solutions, followed by the AWS Marketplace listing in May and an August 2025 Cloud Direct Connect expansion explicitly targeting AI workloads and SaaS-driven traffic. The company holds SOC 2 Type I and Type II certifications and maintains certified partnerships with Google Cloud and Microsoft Azure. Leadership comprises Jeffrey Barth as President (also President of NexGen Healthcare), Edward Lawson as SVP of Business Development, and Jillian Zino as Sr. Global Marketing Manager. Revenue is not publicly disclosed, and no funding rounds or institutional capital raises are documented in the source material.
NexGen Networks firmographics
Firmographics- Name
- NexGen Networks
- Legal name
- NexGen Networks Corporation
- Website
- https://nexgen-net.com
- Company type
- Private
- Founded year
- 2002
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- NexGen Networks is a private facilities-based telecommunications carrier founded in 2002, providing fiber optic connectivity, cloud direct connect, and low-latency networking services to global enterprises across financial, healthcare, legal, and media sectors.
- Ownership category
- akta.pro rank
NexGen Networks industry classification
Industry- Product category
- Enterprise Telecommunications Network Services
- NAICS
- Wired Telecommunications Carriers (517111)
- SIC
- Services-Telephone Interconnect Systems (7385), Services-Computer Integrated Systems Design (7373)
- akta.pro primary industry
- Carrier Ethernet & Wavelength Wholesale (E-Line/E-LAN, OTN, lambda) (HDAIAEAB)
- akta.pro secondary industries
- Multi-Site Enterprise Connectivity Bundles (Hybrid WAN/MPLS+Internet) (HDAIAFAL), Wholesale Wavelength, Spectrum & Dark Fiber Providers (IRU/Leases) (HDAIALAI), Backbone & Long-Haul Transport (IP/MPLS, Optical/Wavelength) (HDABALAH)
Keywords
Where NexGen Networks is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
NexGen Networks business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Technology or R&D, Personnel, Operations, Marketing or Sales, Supply Chain
Revenue model
- Network Connectivity Services: Facilities-based network services including Ethernet (DIA, WAN, Metro), Wavelength, SD-WAN, MPLS WAN, Dark Fiber, and Internet Access. Revenue generated through recurring service contracts with enterprise customers based on bandwidth requirements and service tier.
- Cloud Connectivity Services: Cloud Direct Connect and Hybrid Multi Cloud services enabling private connections to major cloud platforms (AWS, Azure, Google Cloud, Oracle). Revenue generated through dedicated circuit fees and bandwidth-based pricing, typically billed monthly.
- Managed Services: Managed network services including Network Outsourcing, Certified UTC Time as a Service, and professional services for network design, deployment, and ongoing management.
- Colocation Services: Colocation services enabling enterprises to house network infrastructure in carrier-neutral facilities with direct connectivity to NexGen's fiber network.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Monthly | Cloud Direct Connect scalable bandwidth from 10Mb to 100G+ |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels8 records
NexGen Networks product offering
Product offeringCore offering
NexGen Networks sells facilities-based fiber optic enterprise network connectivity services, including Ethernet DIA/WAN/Metro, Wavelength (Flashwave), SD-WAN, MPLS WAN, Dark Fiber, Cloud Direct Connect (to AWS, Azure, Google Cloud, Oracle), Hybrid Multi Cloud, Financial Extranet, Certified UTC TaaS, and Network Outsourcing. Services are delivered over its own fiber backbone spanning 250+ on-net locations across North America, Europe, and the Far East, and are priced on quote-based, monthly-recurring bandwidth tiers targeted at enterprise customers in financial markets, healthcare, legal, media, government, and carrier segments.
Product overview
NexGen Networks offers a comprehensive suite of facilities-based network connectivity services organized around three core pillars: Network Connectivity (Ethernet DIA, Ethernet WAN, Ethernet Metro, Wavelength/Flashwave, SD-WAN), Cloud Services (Cloud Direct Connect, Hybrid Multi Cloud), and Advanced Networking (Financial Extranet, MPLS WAN, Certified UTC TaaS, Network Outsourcing, Dark Fiber Solutions). The company also operates NexGen Healthcare as a dedicated healthcare-focused subsidiary launched in 2025. The portfolio spans from fundamental Ethernet and wavelength services for low-latency trading to cloud connectivity solutions enabling multi-cloud architectures, all delivered over the company's global fiber network covering North America, Europe, and the Far East.
Differentiator
Problem solved
Functional benefit
Brands
- Flashwave: Low Latency Wavelength service for High Frequency Trading applications using layer 1 DWDM technology.
- NexGen Healthcare
Products and services
- Ethernet DIA Dedicated Internet Access combining the reliability and familiarity of Ethernet with global internet reach for enterprise customers, employees, and remote sites.
- Ethernet WAN Wide-area Ethernet transport combining ubiquity of Ethernet with next-generation wide area transport, delivering efficient, fully restorable, and easily managed enterprise networks.
- Ethernet Metro Metro Ethernet transport merging widespread Ethernet familiarity with cutting-edge metro transport technology for efficient, resilient connectivity within metropolitan locations.
- Wavelength (Flashwave) Low-latency wavelength service for high-frequency trading applications using Layer 1 dense wave division multiplexing (DWDM), built as a fully managed point-to-point private line service over NexGen's fiber routes.
- SD-WAN Cloud-delivered overlay WAN architecture simplifying delivery of advanced applications, optimizing network performance, and providing scalability for enterprise WAN transformations.
- Cloud Direct Connect Scalable private cloud connectivity services ranging from 10Mb to 100G+ speeds, providing direct dedicated connections over NexGen's global fiber network to AWS, Microsoft Azure, Google Cloud, and Oracle Cloud, bypassing public internet routing for enhanced security and performance.
- Hybrid Multi Cloud Multi-cloud private network solutions enabling organizations to access benefits of multiple cloud providers with high security and high performance connectivity, supporting AWS, Microsoft Azure, and Google Cloud Platform.
- Financial Extranet Private extranet edge solution providing speed, uptime, and access to market data providers and financial decision makers, linking international financial service institutions for seamless communication, transactions, and information distribution.
- MPLS WAN Premier IP VPN service providing the network foundation for wide area communications, supporting three classes of service and enabling convergence of data, voice, video, and business applications through a single MPLS-enabled VPN.
- Dark Fiber Solutions Physically secure fiber service providing dedicated fiber strands with maximum bandwidth and cost-effective scaling capabilities for enterprises requiring full control of their optical network.
- Certified UTC Time as a Service (TaaS) Time-as-a-Service solution developed with a certified UTC precise time clock source, providing accurate time synchronization for financial trading, telecom, and enterprise customers.
- Network Outsourcing Outsourced network services providing competitive pricing, lowered latency, and cost reduction through an outsourced model with extensive local market experience globally.
- NexGen Healthcare (Subsidiary) Dedicated subsidiary providing secure, scalable, and high-speed network connectivity for hospitals and healthcare organizations, including direct connections to AWS, Microsoft Azure, and Google Cloud for healthcare applications and EHR/PACS/telemedicine workloads.
Quantifiable outcome
- Cost reduction through private cloud connectivity replacing datacenter footprint
- +3 more outcomes
Companies that use NexGen Networks
Customer profileNamed customers4 records
Segments7 records
Ideal customer profiles7 records
NexGen Networks technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
NexGen Networks partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core.
- Amazon Web Services (AWS)coreAWS Direct Connect partnership allowing connections from NexGen's global network directly to AWS cloud via dedicated private network connectivity. Provides customers with direct private network connectivity to AWS via AWS Direct Connect Locations, bypassing public internet routing for enhanced security and consistent performance.
- Microsoft AzurecoreAzure ExpressRoute partnership providing direct private network connectivity to Microsoft Online Services via ExpressRoute Meet-Me Locations. Enables enterprises to extend critical internal applications around NexGen's global network at maximum speed, security, and availability.
- Oracle CloudcoreOracle Cloud FastConnect partnership providing direct private network connectivity to Oracle Cloud Infrastructure (OCI) virtual cloud network via dedicated, private, high-bandwidth connections. Offers consistent low pricing based on port speed selection rather than data volume.
- Google CloudcoreOfficial Google Cloud Partner specializing in Google Cloud Interconnect solutions enabling hospitals and healthcare organizations to seamlessly migrate, manage, and optimize Electronic Health Records (EHR) and cloud-based healthcare applications with dedicated private connections.
Scale indicators5 records
Recent moves7 records
Expansion highlights6 records
NexGen Networks competitors and assessment
Company assessmentDirect peers
- Zayo Group: Privately held global fiber operator offering wavelength, Ethernet, dark fiber, and cloud connectivity to enterprises — the closest comparable in business model, customer base, and product mix to NexGen Networks.
- Arelion: Global wholesale carrier (formerly Telia Carrier) operating a fiber backbone across NA, EMEA, and APAC with wavelength, Ethernet, and cloud interconnect services targeting enterprise and carrier customers.
- Colt Technology Services: Enterprise-focused global network operator providing Ethernet, wavelength, SD-WAN, and cloud connectivity — directly overlaps with NexGen's portfolio and target verticals including financial services.
- GTT Communications: Global enterprise networking provider offering managed SD-WAN, MPLS, Ethernet, and cloud connectivity services to multinational enterprises, very comparable in customer type and product set.
- Masergy Communications: Enterprise SD-WAN, MPLS, and managed network services provider (now part of Comcast Business) serving similar mid-to-large enterprise customers with comparable global connectivity solutions.
Broad incumbents
- Lumen Technologies: Large incumbent US telecom with significant enterprise fiber, wavelength, Ethernet, and managed services offerings across a broader portfolio than NexGen's focused mid-tier enterprise stack.
- Tata Communications: Global telecom operator with enterprise Ethernet, MPLS, cloud connect, and managed network services; overlaps with NexGen on multi-national enterprise connectivity but operates at significantly larger scale.
- Verizon Business: Large incumbent carrier with global enterprise Ethernet, MPLS, wavelength, and managed SD-WAN offerings that overlap with NexGen's portfolio, though Verizon serves a broader and larger customer base.
- BT Global Services: Global enterprise network operator offering MPLS, Ethernet, cloud connect, and managed services with multinational reach — comparable in targeting global enterprises but at much larger scale.
Emerging players
- Equinix: Global colocation and interconnection operator enabling direct cloud on-ramps (AWS Direct Connect, Azure ExpressRoute, etc.) — competing in the same cloud connectivity and colocation use cases that NexGen addresses via partnerships.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
NexGen Networks social profiles
Digital presenceNexGen Networks compliance and trust
Trust signalCompliance2 records
NexGen Networks financial estimates
Financial estimateRevenue estimate
Valuation estimate
NexGen Networks leadership team
Management profileNumber of profiles
Profiles3 records
NexGen Networks subsidiaries and ownership
Company hierarchySubsidiaries1 record
NexGen Networks funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
NexGen Networks M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about NexGen Networks
What does NexGen Networks do?
NexGen Networks sells facilities-based fiber optic enterprise network connectivity services, including Ethernet DIA/WAN/Metro, Wavelength (Flashwave), SD-WAN, MPLS WAN, Dark Fiber, Cloud Direct Connect (to AWS, Azure, Google Cloud, Oracle), Hybrid Multi Cloud, Financial Extranet, Certified UTC TaaS, and Network Outsourcing. Services are delivered over its own fiber backbone spanning 250+ on-net locations across North America, Europe, and the Far East, and are priced on quote-based, monthly-recurring bandwidth tiers targeted at enterprise customers in financial markets, healthcare, legal, media, government, and carrier segments.
Is NexGen Networks a public or private company?
NexGen Networks is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was NexGen Networks founded?
NexGen Networks was founded in 2002. It employs 101 to 250 people.
Where is NexGen Networks based?
NexGen Networks is headquartered in New York, United States, in the North America region.
How does NexGen Networks make money?
Four revenue lines are on record. Network Connectivity Services are the primary driver. The others are cloud Connectivity Services, managed Services and colocation Services.
Who are NexGen Networks's main competitors?
Direct peers on record are Zayo Group, Arelion, Colt Technology Services, GTT Communications and Masergy Communications. Broad incumbents are Lumen Technologies, Tata Communications, Verizon Business and BT Global Services. Equinix is listed as an emerging player.
Does NexGen Networks have an API?
No public API is recorded for NexGen Networks.
What industry is NexGen Networks in?
NexGen Networks's product category is Enterprise Telecommunications Network Services. Its primary akta.pro industry code is HDAIAEAB, Carrier Ethernet & Wavelength Wholesale (E-Line/E-LAN, OTN, lambda), with a secondary code of HDAIAFAL, Multi-Site Enterprise Connectivity Bundles (Hybrid WAN/MPLS+Internet). Its NAICS code is 517111 and its SIC code is 7385.