With the AboveNet purchase waiting in the wings, Zayo Group (news, filings) today cleared its plate of other matters. They have announced the completion of the integration of the longhaul network assets of 360networks.
This doubles their national network reach, gives them full transcontinental reach, and brings intercity connectivity to eleven previously isolated metro assets across the western half of the country. 360networks’ intercity fiber isn’t a minor asset, deriving from the old Touch America buildout.
Zayo just closed the 360networks acquisition a little over four months ago, demonstrating once again their integration prowess. AboveNet, however, will be their biggest such challenge by far once they close the deal this summer. AboveNet also comes with intercity assets in the form of fiber IRUs on the former WilTel footprint, but of course their main assets are of the Tier 1 metro variety.
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