Zayo acquires FiberLink, expands dark fiber network to 26,000 miles
Zayo has added FiberLink, a Midwest-based service provider to its growing acquisition shopping basket, a move that immediately enhances its dark fiber service set. Terms of the deal were not disclosed.
By acquiring FiberLink, Zayo will gain a 1,200 route mile network that runs from downtown Chicago through Des Moines and Omaha to downtown Denver.
The service provider will also be able to bundle about 26,000 miles of dark fiber with its colocation and technical support services, including its recently announced zTech fiber installation service suite.
Zayo said that it expects the integration of FiberLink will be "straightforward" due to its dark fiber business model, meaning it will be able to provide its own service on this route right away. In tandem with the purchase, Zayo drew funds from its previously undrawn $250 million revolving credit facility.
Matt Erickson, president of Zayo's fiber, transport and infrastructure division, said in a release that "Des Moines is a growing data center market that will now have greater access to Zayo's network footprint."
FiberLink is just one of many acquisitions that Zayo has made in recent months that align with its network infrastructure services strategy.
Just last week it completed its purchase of Minnesota-based Access Communications, which came after a string of other regional fiber provider acquisitions including USCarrier, FiberGate, First Telecom Services and Litecast. Besides purchasing fiber-centric assets it has been expanding its data center and hosting business through its acquisition of CoreNap in June, which increased its footprint 21 centers.
- see the release
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