With the Allstream acquisition finalized, Zayo turned its attention today to its organic buildouts. Today they announced yet another expansion project in the state of Indiana.
With a new contract in tow from a major wireless provider, Zayo will be building 234 new network miles south and west of Indianapolis and will be connecting a corridor down to Louisville, Kentucky. They'll be spending $14M in capex and should add 78 new towers to their network. From the 'under construction' pieces of their network, it looks like the bulk of the new miles make their way out to Harrison via a new route, while the rest are basically laterals to towers along existing Zayo fiber routes.
Zayo's fiber-to-the-tower efforts in Indianapolis date as far back as the summer 2009 as one of their first such markets back when fiber-to-the-tower didn't have a business model most had confidence in. Then in 2014 it also became the location where they announced their first turn-key small cell deployment. It's obviously a market they know very well at this point. In all, Zayo says its tower footprint reaches 8,200 sites nationally now.