Zayo buys VoicePipe, adds managed services

Zayo Bandwidth, the new network operator that has made a big splash already with several fiber-related network acquisitions, continued it M&A binge by buying retail VoIP carrier VoicePipe Communications. That's the fifth deal this year, for Zayo, which was founded by veterans of CLEC ICG Communications. VoicePipe actually was once part of ICG and later got spun off.

Zayo also announced the formation of a managed services unit, and added $85 million in debt financing, so while it builds revenue through those new managed services, it may use that funding to go M&A shopping yet again.

For more:
- read about Zayo's M&A strategy in our interview with Zayo VP Matt Erickson
- see this story in Telephony
-
check out this piece in Light Reading