Zayo Group (news, filings) may be busy integrating Abovenet this quarter, but they have also been advancing on fronts where there is less integration work to be done. Yesterday the Colorado-based fiber operator announced a big expansion on its own home turf: the greater Denver metro area.
The new buildout will add 521 route miles to Zayo's network in Colorado, extending out of the immediate Denver area to the neighboring cities of Fort Collins, Greeley, Loveland, Longmont, Boulder, and Colorado Springs and adding more central business district coverage Denver and Colorado Springs as well.
Of course, Abovenet had assets in Denver, but it was a brand new market for them as of August of 2010 so there can't be all that much to integrate relative to their more established markets. When complete, the existing Zayo footprint, the AboveNet assets, and the new buildout announced today will add up to 900+ route miles in the region altogether. As I recall, Zayo also had this project in the pipeline further to the east in Colorado - I wonder how that's going.
The media looks at Zayo mainly as a rollup of fiber assets. But they've been one of the most active builders of metro fiber for many years, entering many new metro markets organically rather than inorganically. Last week, they announced a new buildout into Albuquerque, a brand new market for them. And they've got that big new project down in San Diego too.