Regional bandwidth provider Zayo Group yesterday said it completed its acquisition of privately owned CLEC and IXC Northwest Telephone Inc., which operates in Washington, Oregon and Idaho.
NTI, which was founded in 1999 and operated 1,500 miles of carrier class fiber, will become part of Zayo Bandwidth. The unit provides fiber-based bandwidth solutions to carriers, web-centric companies, public and educational institutions and enterprises and includes private line, wavelength, Ethernet, Internet and colocation. Zayo Bandwidth's network now encompasses 18,500 metro and regional fiber route miles, serving more than 1,100 on-net locations in 20 states.
Zayo last year went on an M&A binge, and said it had plans to make more acquisitions. The NTI deal fits nicely into its blueprint to continue expanding into the Northwest. Terms of the agreement were not released.
For more:
- See the release
- And this Telephony Online story