Zayo Hops On the Hibernia Express

Hibernia Networks’ new transatlantic cable system won itself another infrastructure customer this morning in the form of Zayo Group. Zayo will be using the 100G pipes to add a diverse route to the connectivity between its US and European footprints. Zayo made several acquisitions in Europe last year, and is likely not done yet.

Of course, they’ll have to wait for the Hibernia Express cable to be finished over the next few months. Earlier this week, Hibernia announced that the cable ships are in fact in the water now laying cable. The long transatlantic cable drought of more than a decade is nearly over. As we prepare for the summer season to start, Hibernia will be aiming to make capacity available by its end in September.  I wonder what the next project will be.

Hibernia and Zayo have taken rather complementary paths over the years. Hibernia focuses its actual infrastructure builds on the subsea and the terrestrial routes near the shoreline for backhaul, while leasing dark fiber elsewhere on land. Zayo has never shown an interest in submarine cables, leasing capacity there despite rarely meeting a terrestrial buildout it doesn’t like. One has its own CDN and video delivery business, and the other rapidly expanding FTT and colo footprints.  They rarely overlap in the customers they chase, which makes them logical partners of course.

 

 

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Categories: Mergers and Acquisitions · Metro fiber · Undersea cables