Network Roundup: OCG, Cologix, Zayo, inexio

December 4th, 2013 by · 1 Comment

Here’s a quick look at some news from the fiber networking front:

We learned yesterday where some of the fiber underlying DE-CIX’s New York invasion is coming from. Optical Communication Group is supplying a dark fiber ring for the internet exchange project, hooking up the hub at 325 Hudson amongst other locations to come. OCG tends to maintain a low profile but seems a logical partner for DE-CIX to take on the New York metro area with.

Cologix is welcoming Teliasonera International Carrier into two of its locations: Jacksonville and Dallas. The international arm of the Swedish giant recently added substantial fiber to its US backbone, giving it better depth in the southeast and access to Latin America. Cologix only recently entered the Jacksonville market, purchasing JMMR in September.

Zayo took the opportunity offered by the credit markets and refinanced a big chunk of its balance sheet this week. Their $1.6B term loan facility at LIBOR+3.5% is now a $1.75B term loan facility at LIBOR+3.0%, giving them both an extra $150M to play with and $2M less in annual interest expense. As for what the extra funds might be for, its “general corporate purposes” or in laymans terms “we aren’t telling”. But for Zayo, M&A surely tends to be the bucket-to-be-named-later.

And over in continental Europe, inexio and Axians have deployed ADVA’s 100G Metro gear.  inexio operates 5,000km of metro and regional fiber in Luxembourg and western Germany, and will be adding further 100G upgrades to meet regional bandwidth demand.

Categories: Datacenter · Financials · Internet Backbones · Internet Traffic · Metro fiber

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  • Mr, X says:

    We always hear about OCG after the fact. No one seems to know what they are up to or building. What we do know is their cable trucks are always busy and seen everywhere from New Jersey, Manhattan to Long Island.

    I wish they were a public company to buy some stock. OCG has survived the M&A and is now the last private carrier of any importance in New York

    Truly the last of the Mohicans. Have to give Brad a lot of credit for building what he has built.

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