NexGen Networks

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.

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

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 industry

PRIMARYHDAIAEAB

Carrier Ethernet & Wavelength Wholesale (E-Line/E-LAN, OTN, lambda)

Hardware, Technology & Telecom/Telecommunications & Network Services/Wholesale & Carrier Services (Backhaul, Transit, Roaming)

SECONDARYHDAIAFAL

Multi-Site Enterprise Connectivity Bundles (Hybrid WAN/MPLS+Internet)

Hardware, Technology & Telecom/Telecommunications & Network Services/Data & IP Network Services (MPLS, SD-WAN, Ethernet)

SECONDARYHDAIALAI

Wholesale Wavelength, Spectrum & Dark Fiber Providers (IRU/Leases)

Hardware, Technology & Telecom/Telecommunications & Network Services/Subsea & Long-Haul Fiber Networks (International Backbone)

SECONDARYHDABALAH

Backbone & Long-Haul Transport (IP/MPLS, Optical/Wavelength)

Hardware, Technology & Telecom/Cloud & Data Center Infrastructure/Interconnect, Peering & Cloud Connectivity (Direct Connect)

Keywords

• Fiber optic networks
• Cloud direct connect
• Enterprise WAN services
• Managed network services
• Low-latency connectivity

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Technology or R&D, Personnel, Operations, Marketing or Sales, Supply Chain

Revenue model

1. 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.
2. 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.
3. Managed Services: Managed network services including Network Outsourcing, Certified UTC Time as a Service, and professional services for network design, deployment, and ongoing management.
4. Colocation Services: Colocation services enabling enterprises to house network infrastructure in carrier-neutral facilities with direct connectivity to NexGen's fiber network.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels8 records

Core 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

Named customers4 records

Segments7 records

Ideal customer profiles7 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Four partnerships are on record, tiered core.

• Amazon Web Services (AWS)coreTechnology or IntegrationAWS 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 AzurecoreTechnology or IntegrationAzure 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 CloudcoreTechnology or IntegrationOracle 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 CloudcoreTechnology or IntegrationOfficial 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

Direct 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

• Xx.com/networksnexgen
• YouTubeyoutube.com/@nexgennetworks8225/videos
• LinkedInlinkedin.com/company/1588852

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about NexGen Networks