Monday, October 7, 2013

Zayo Acquires Chicago-to-Denver Fiber Network

Zayo Group has acquired FiberLink, which operates a 1,200-mile route fiber network running between downtown Chicago through Des Moines and Omaha to downtown Denver. With this acquisition, Zayo now offers approximately 26,000 routes miles of dark fiber with associated colocation and technical support services.

Financial terms were not disclosed but Zayo said that, in conjunction with the transaction, it drew funds from its previously undrawn $250 million revolving credit facility.

“FiberLink’s assets strengthen our ability to provide a broad range of end-to-end solutions to our customers,” says Matt Erickson, president of Zayo’s fiber, transport and infrastructure division. “Des Moines is a growing data center market that will now have greater access to Zayo’s network footprint.”