ZAYO COM­PLETES $ 107.4M PUR­CHASE OF VIATEL FIBER NET

The Denver Post - - BUSINESS - By Ta­mara Chuang

Zayo Group ended 2015 by wrap­ping up its ac­qui­si­tion of Viatel’s Euro­pean fiber net­work for 98.8 mil­lion euro, or $ 107.4 mil­lion, which is about $ 4.13 mil­lion higher than pre­vi­ously an­nounced.

The Boul­der In­ter­net fiber com­pany plans to use the new in­fra­struc­ture, plus Viatel’s non- Ir­ish en­ter­prise busi­nesses, to ex­pand its net­work in Europe. The deal in­cludes more than 5,200 miles of fiber in eight coun­tries plus seven data cen­ters and con­nec­tions to 81 build­ings. Zayo built a busi­ness link­ing of­fice build­ings with high­speed con­nec­tions.

The Zayo pur­chase ex­cluded Viatel’s Ir­ish oper­a­tions, which are owned by the Digi­web Group in Ire­land.

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