Zayo Group to buy remaining 50% stake in USCarrier Telecom for $13.5 million

Telecom Lead America: Zayo Group will acquire remaining
50 percent stake in USCarrier Telecom, a regional fiber-based bandwidth
services provider, for $13.5 million.


In October 2010, Zayo acquired an approximately 50
percent stake in USCarrier by buying American Fiber Systems. 


In fact, Zayo has been on an acquisition spree. Recently,
Zayo announced its agreement to acquire FiberGate, a dark fiber provider
in the Washington.


USCarrier operates a 3,700-mile regional fiber network
that connects markets like Atlanta, Jacksonville, Tallahassee, Nashville and
Chattanooga along with 40 smaller cities throughout the Southeast, such as
Macon and Savannah, Georgia and Mobile and Montgomery, Alabama.


Extending the reach of Zayo’s network with USCarrier’s
footprint allows Zayo to offer broader solutions to customers as well as
deliver end-to-end national and international connectivity to these markets.


Glenn Russo, executive vice president for Corporate
Strategy and Development for Zayo Group, said that the transport services that
USCarrier provides fit well with Zayo’s focus on core high bandwidth services.


USCarrier Telecom provides transport services such as
Ethernet and Wavelengths primarily to other telecommunications providers who
leverage this unique network. On the other hand, Zayo serves wireline and
wireless carriers, data centers, Internet content and services companies, high
bandwidth enterprises as well as federal, state and local government agencies.


Zayo’s network assets include
over 61,000 route miles, covering 45 states plus Washington, D.C. as well as
London, Paris, Amsterdam, Frankfurt, Toronto and Tokyo. Additionally, Zayo has
approximately 9,000 buildings and 2,400 cell towers on-net, and over 136,000
square feet of billable colocation space.


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