Zayo joins carrier club

Who says there's no room for a new carrier in the market? Maybe consolidation of larger carriers actually is making room. Of course, to even get started in the carrier business these days, you have to be willing to use consolidation as a major ingredient, and that's what Zayo Broadband has been up to of late--that, and raising a lot of money.

The Louisville, Ky.-based company, headed by former ICG executive Dan Caruso, has raised $225 million from VCs, has already bought two other carriers and has agreed to acquire two more, including Minneapolis CLEC Envoy. We're looking forward to seeing what else Zayo has up its sleeve to compete in the ever-changing telecom landscape.

For More:
- The Denver Post has more on Zayo's coming-out party

Suggested Articles

RCN, Grande and Wave Broadband have added 22,000 customers into the fold with the conclusion of a deal to buy Houston-based EnTouch Systems.

Great Plains Communications, a Blair, Neb.-based independent telco, has completed its deal to buy Enhanced Telecommunications Corporation (ETC.)

On the heels of job cuts a several weeks ago, Salesforce CEO March Benioff said on Twitter that his company would add 12,000 jobs over the next year.