May 8, 2019
Allstream is a leading North American business telecommunications provider and a wholly owned subsidiary of Zayo Group. Today, Zayo Group announced that the company has entered into a definitive agreement to be acquired by two private equity firms: Digital Colony and EQT Infrastructure. When it is closed, the transaction will result in Zayo transitioning from a public company to a private company.
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”
BOULDER, Colo. – March 1, 2017 – Zayo Group Holdings, Inc. (NYSE: ZAYO) today announced it has closed its $1.42 billion acquisition of Electric Lightwave (formerly known as Integra Telecom), an infrastructure and telecom services provider serving 35 markets in the western U.S. Continue reading “Zayo closes acquisition of Electric Lightwave”
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”