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Broadband

Zayo to acquire Spread Networks

Monday 27 November 2017 | 16:37 CET | News
Zayo entered into a definitive agreement to acquire Spread Networks for USD 127 million in cash. Spread Networks is a privately-owned telecommunications provider that owns and operates a 825-mile, high fibre count long haul route connecting New York and Chicago. Zayo said the acquisition will provide its customers with the lowest latency and most direct fibre route between the two cities and additional physical path diversity. This path is particularly important to financial services customers who have trading operations in the key financial markets of New York and Chicago, the company said

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Categories: Fixed
Companies: Spread Networks / Zayo
Countries: World
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