Monday, December 17, 2007

As Predicted: Zayo Buys CityNet

The newly formed Zayo Group bought CityNet's wholesale unit, adding 8500 fiber route miles to Zayo Bandwidth, according to Telephony. This purchase follows Zayo's acquiring the following fiber assets in Tier 2 and Tier 3 markets:
  1. Indiana Fiber Works,
  2. Minnesota’s Onvoy,
  3. Pennsylvania’s PPL Telecom,
  4. Memphis Networx.
Zayo also purchased VoicePipe. "VoicePipe began as a hosted IP PBX service offering from ICG that was spun off before ICG was acquired by Level 3 last year." [Telephony] Zayo's founders are from ICG and L3.

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