Zayo has filed the necessary paperwork with U.S. regulators to conduct an initial public offering (IPO) with hopes of raising up to $100 million.
Alpheus Communications is going to spend up to $12 million to increase its fiber network footprint in Houston and Dallas, a move that will enable it to better respond to multi-site businesses that are looking for alternative sources to connect their office locations and data centers.
Consolidated Communications has reached an agreement to acquire all 13.8 million shares of Enventis, formerly HickoryTech, for about $350 million, marking yet another element in the ongoing consolidation of the independent telco market.
tw telecom, which is in the process of merging with Level 3 Communications, is adding more power to its Las Vegas network by extending its presence into North Las Vegas and south into Spring Valley and Henderson.
FairPoint has opened a new data center in Laconia, N.H., where it will offer businesses and state and local government agencies a facility that includes rack space and connections for managing off-site disaster recovery, computing, storage and other IT equipment.
Comcast Business has deepened its fiber footprint in Texas, announcing that it has extended facilities into Baytown's Cedar Crossing Industrial Park.
Level 3 Communications finally broke its purchasing silence this week, announcing its intent to acquire tw telecom for $5.7 billion, a deal that will immediately enhance its ability to serve an even larger group of U.S. and multinational enterprise customers.
Level 3 has reached an agreement to acquire tw telecom for about $5.7 billion in cash and stock, a deal that immediately enhances its growing enterprise services business.
lntegra is expanding its reach into the data-center community, announcing that its services will be available at eight of Telx's data centers.
Consolidated Communications might not be nearly the size of its larger ILEC counterparts, such as CenturyLink and Windstream, but the telco has adopted a similar growth strategy that includes a mix of organic growth and the acquisition of other complementary properties.