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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Zayo Group is making significant investments in its metro fibre infrastructure in Ohio to support enterprise and mobile carrier customers.
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Marc Ganzi’s Digital Colony and EQT Infrastructure IV fund has agreed to buy fibre network owner Zayo Group Holdings for $14.3 billion including debt.
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Infrastructure investment firm Digital Colony has added a UK small cell specialist, iWireless Solutions, to its portfolio.
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Marc Ganzi’s Digital Colony is a key member of a consortium that now has exclusive rights to bid for Zayo, say reports this morning.
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Phil Mottram, Zayo’s chief revenue officer since November 2017, has left the company to become a vice president at Hewlett Enterprise (HPE).
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Reports from the US say that bids for Zayo are due in next Friday, 12 April, with prices quoted as $32-$34 a share, valuing the company at almost $9 billion.
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Zayo has given the biggest hint yet that it will accept a bid for the company after one of its biggest shareholders condemned the company for its “management turnover, poor operating performance, and confusing strategic changes”.
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Zayo Group has appointed Jack Waters as president of Zayo Networks and chief operating officer of Zayo Group Holding.
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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
