Wednesday Bytes: Zayo, IFN, FTE, EdgeConneX

April 26th, 2017 by · Leave a Comment

Here’s a quick look at some recent news items:

Zayo announced a new contract for dark fiber and Ethernet services yesterday. An unnamed national gaming and hospitality company will be basing its own infrastructure onto Zayo metro fiber in Las Vegas with Ethernet connectivity to more than 10 locations across the country. The enterprise, let’s just call it a casino and hotel firm, had recently expanded via acquisition and needed to consolidate networks from multiple providers.

Indiana Fiber Network has revealed an upgraded relationship with one of its twenty consortium member-owners. TeleMedia Solutions is expanding its internet bandwidth service, tapping IFN for multi-gigabit connectivity upstream. TeleMedia Solutions serves customers in Clark, Floyd, Scott, and Washington Counties.

There was some consolidation among network infrastructure builders this week. Florida-based FTE Networks has acquired New York-based Benchmark Builders. FTE will be paying $75M to acquire the construction management firm, which turned over some $386M in revenue last year. The deal will let the two firms expand their service portfolio deeper into each other’s home turf.

And EdgeConneX has added yet another regional internet exchange to its list of partners this week. They are teaming up with the Detroit Internet Exchange. DET-IX, which is run by the regional provider 123.Net, will be expanding into EdgeConneX’s facility in SouthField, Michigan.

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Categories: Ethernet · Interconnection · Mergers and Acquisitions · Metro fiber

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