Zayo
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Fibre network infrastructure provider Zayo Europe has appointed Caroline O’Connor as chief legal officer. -
Zayo Europe has expanded its presence in Europe through a partnership with German dark fibre network supplier GasLINE.
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The upgrades have seen 500,000 fibre miles added to the network in first half of the year
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Zayo Group confirms the availability of its 400G enabled network in Europe delivering enhanced capacity and scalability for businesses across the continent and the globe.
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Zayo Group continues confirms the expansion of its infrastructure footprint with continued investment in its global network.
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Zayo Group has launched a new direct network route between Manchester and New York with its new trans-Atlantic subsea cable.
Forthcoming events
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Marc Ganzi will become CEO of Colony Capital on 1 July, the company has announced. He is already CEO of Digital Colony.
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The $14.3 billion deal to buy Zayo, completed this month, began with a meeting five years ago at one of Capacity’s conferences.
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Zayo is now a private company, owned by a joint venture of Digital Colony and EQT after completion of a $14.3 billion purchase, 10 months after it was announced.
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Zayo will cease to be a publicly quoted company a week on Monday – 9 March – when its $14.3 billion takeover by Digital Colony and EQT Infrastructure is completed.
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Investors seemed keen last night to buy $2.58 billion worth of bonds from the joint venture that is set to buy the Zayo Group.
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Digital Colony and EQT, the two private equity investors buying Zayo, will begin raising $3 billion in debt to help fund the purchase.
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Private equity company EQT invested a record €11.9 billion in infrastructure and other companies in 2019, CEO Christian Sinding said this morning.
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The Federal Communications Commission (FCC) has approved Zayo Group's buyout by Digital Colony and EQT Partners.
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Capacity rounds up 5 of the latest financial results from across the telco sector.
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Digital Colony, the Marc Ganzi investment group that is bidding for Zayo, has unified three of its UK operations under a new brand, Freshwave.
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EQT has already allocated around €14 billion from the €20 billion investment funds it set up in 2018 – just as it is ready to start raising another €14 billion in a fund that the company announced a week ago.
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Stockholm-based infrastructure investor EQT is trying to raise €14.75 billion for its next round of spending.
