Customers to benefit immediately from expanded global connectivity
Zayo Group Holdings, Inc. (NYSE: ZAYO), an international provider of Communications Infrastructure services, today announced it has closed its €98.8 million acquisition of Viatel 's infrastructure and non-Irish carrier and high bandwidth business from the Digiweb Group, a full service telecommunications and managed services operator, based in Dublin, Ireland.
The acquisition adds an 8,400 kilometre fibre network across eight countries to Zayo's European footprint, including 12 new metro networks, seven data centres and connectivity to 81 on-net buildings. The Viatel businesses to be acquired are highly aligned with Zayo's existing product and customer set, including a higher proportion of dark fibre revenue.
The new capability significantly expands Zayo's global capabilities, providing Pan-European infrastructure and connectivity to key subsea cable systems, delivering traffic to and from North America, Asia and Africa.
The expanded network and infrastructure solutions are available immediately to Zayo and Viatel customers through their account representatives or via Tranzact, Zayo's innovative platform for purchasing and managing infrastructure at zayo.com/tranzact. The suite of services available includes Dark Fibre, Wavelengths, Ethernet, IP, Data Centre and Cloud, across more than 92,000 miles — nearly 150,000 kilometres — of Zayo's high-performance network.
"The acquisition of Viatel's European network business strengthens our strategic position in Europe and provides customers with access to our fibre network and expanded connectivity to key international markets," said Dan Caruso, Zayo chairman and CEO. "Because of the complementary nature of the acquisition, we will begin cross-selling our full suite of services to both Zayo and Viatel customers immediately."