News

All the latest news and announcements from Allstream.

 

Allstream and Zayo’s Enterprise Networks to combine and become a public company focused on Enterprise Services

On November 20, 2018, Zayo Group Holdings, Inc. (NSE: ZAYO) announced plans to separate into two publicly traded companies temporarily named “InfraCo” and “EnterpriseCo.” InfraCo will focus on providing core communications infrastructure to carriers, web-scale companies, and other large consumers of bandwidth. EnterpriseCo will consist of elements of Zayo’s current Enterprise Networks segment and Allstream segment and will provide high-bandwidth solutions to more than 50,000 enterprises. Continue reading “Allstream and Zayo’s Enterprise Networks to combine and become a public company focused on Enterprise Services”

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Zayo Completes Acquisition of Allstream

BOULDER, Colo. – January 15, 2016 – Zayo Group Holdings, Inc. (“Zayo”) (NYSE: ZAYO), the global leader in Communications Infrastructure, today announced it has closed its acquisition of Allstream, Inc. (“Allstream”), a wholly owned subsidiary of Manitoba Telecom Services Inc. (TSX: MBT), for a purchase price of CAD $465 million. The acquisition establishes Zayo as the only Pan-U.S./Canada fiber network provider, and adds five dense metro networks to Zayo’s portfolio. Continue reading “Zayo Completes Acquisition of Allstream”

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