Zayo
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The long-running saga over who would acquire Crown Castle’s fibre assets recently came to a head after Zayo Group secured a $4.5 billion acquisition.
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Crown Castle has reached a $4.25 billion deal to sell its fibre business to Zayo, backed by DigitalBridge.
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Infinera (NASDAQ: INFN) successful completed a live network trial using its seventh-generation ICE7 optical engine, achieving 1 terabit per second (Tb/s) single-wavelength transmission over a 1,391-kilometre route between Sacramento, California, and Salt Lake City, Utah.
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Zayo Group is reportedly leading the pack to acquire Crown Castle’s assets, including its fibre and small cell businesses, in a deal potentially valued at more than $8 billion.
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Fibre network infrastructure provider Zayo Europe has appointed Caroline O’Connor as chief legal officer.
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Zayo Europe has expanded its presence in Europe through a partnership with German dark fibre network supplier GasLINE.
Forthcoming events
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Zayo has turned down an acquisition offer from a private equity investor, and a hedge fund has urged CEO Don Caruso to sell the company, according to a number of reports.
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Rumours are continuing about the future of Zayo, with a leading US analyst telling investors that Google owner Alphabet would be an unlikely buyer.
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Zayo has received a bid from an unnamed private equity investor valuing the company at $8 billion, according to US reports.
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Bas Burger, the sixth CEO of BT Global Services in 15 years, wants to shift the division to growth sectors and to park traditional areas such as voice in the legacy category. Interview by Alan Burkitt-Gray
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Zayo has unveiled plans to boost its data centre presence on the East coast of the US by adding a new facility in Piscataway, New Jersey.
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US revenue is estimated at more than $282 million for managed SD-WAN services in 2018, according to new Vertical Systems Group research.
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Annette Murphy joined Geo Networks a decade before Zayo bought it. Now head of Zayo in Europe, she talks to Alan Burkitt-Gray about how it is delivering growth
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Industry leaders are worried that the outcome of the UK’s Brexit negotiations are still uncertain, with only months to go. But some carriers are getting ready for big business to move out of the UK to other EU members
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Zayo Group has announced it plans to separate into two publicly traded companies, Zayo Infrastructure and EnterpriseCo, which is expected to complete in late 2019.
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Zayo has unveiled plans to establish two new long-haul fibre routes linking Columbus, Ohio to Ashburn, Virginia, and another connecting Dallas, Texas with Atlanta, Georgia.
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Zayo is to provide its dark fibre network for the first quantum key distribution network in the US.
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Zayo Group has announced the expansions of its fibre networks in four European markets, including London, Paris, Dublin and Amsterdam.