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.
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