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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SSE Enterprise Telecoms has deepened its relationship with Three UK and added Telefónica’s O2 UK to the mix by agreeing to build a fibre ring in London for 5G.
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Hong Kong’s CK Hutchison has backed a UK company that is developing ways of installing fibre networks in water pipes and sewers.
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Zayo Group has completed its longhaul dark fibre route between Los Angeles and Dallas, introduced diverse wavelengths and secured multiple dark fibre anchor tenants.
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Zayo Group has completed the sale of the Scott-Rice Telephone Company, a Minnesota incumbent local exchange carrier for $42 million.