Zayo Group acquires UK-based Geo Networks

News Broadband United Kingdom 16 MEI 2014
Zayo Group acquires UK-based Geo Networks
Global bandwidth infrastructure provider Zayo Group has acquired UK dark fibre provider Geo Networks for an undisclosed sum. The deal will close immediately and will be by a combination of cash on hand and a draw from Zayo's revolving credit facility. The acquisition will add over 2,100 route miles to Zayo's European network, and connectivity to 587 on-net buildings. In addition to enhancing Zayo's UK network, Geo's fibre enables Zayo to establish a presence in Ireland through the East-West Ring subsea system, providing diverse connectivity to Dublin.

Categories:

Fixed

Companies:

Zayo,  Geo Networks

Countries:

United Kingdom

Tags:

Data services, Company, Services, Network operations services, Corporate, Wholesale, Enterprise, Client, M&A buyouts & divestments

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