Zayo adds more than 5000 route miles with Intelligent Fiber Network acquisition
Zayo Group Holdings, Inc. says it has closed its previously announced acquisition of Indiana Fiber Network, LLC d/b/a Intelligent Fiber Network (IFN). The deal adds more than 5000 route miles of fiber to Zayo’s footprint in Indiana and provides on-net connectivity to nearly 1000 enterprise buildings in cities including Indianapolis, Fort Wayne, Columbus, Terre Haute, and South Bend. Terms of the deal were not disclosed.
The addition of IFN’s assets increases Zayo’s infrastructure in the state to more than 7500 route miles with on-net connectivity to more than 2,000 buildings, data centers, and cell sites. Operations at IFN’s headquarters in Indianapolis will continue.
“IFN brings to Zayo a high-quality network, a strong team and a sharp focus on delivering exceptional service to its customer base,” said Matt Steinfort, CFO at Zayo. “Together, we have the opportunity to leverage our combined and complementary assets to achieve regional scale and drive growth.”
The IFN buy is Zayo’s 46th in its history and its first under a private ownership consortium led by EQT Partners and Digital Colony Partners (see “Digital Colony, EQT to buy fiber-optic network services supplier Zayo”). This is at least the company’s second acquisition in Indiana, following the 2007 purchase of Indiana Fiber Works (see “Zayo Bandwidth acquires Indiana Fiber Works”).
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Stephen Hardy | Editorial Director and Associate Publisher, Lightwave
Stephen Hardy is editorial director and associate publisher of Lightwave and Broadband Technology Report, part of the Lighting & Technology Group at Endeavor Business Media. Stephen is responsible for establishing and executing editorial strategy across the both brands’ websites, email newsletters, events, and other information products. He has covered the fiber-optics space for more than 20 years, and communications and technology for more than 35 years. During his tenure, Lightwave has received awards from Folio: and the American Society of Business Press Editors (ASBPE) for editorial excellence. Prior to joining Lightwave in 1997, Stephen worked for Telecommunications magazine and the Journal of Electronic Defense.
Stephen has moderated panels at numerous events, including the Optica Executive Forum, ECOC, and SCTE Cable-Tec Expo. He also is program director for the Lightwave Innovation Reviews and the Diamond Technology Reviews.
He has written numerous articles in all aspects of optical communications and fiber-optic networks, including fiber to the home (FTTH), PON, optical components, DWDM, fiber cables, packet optical transport, optical transceivers, lasers, fiber optic testing, and more.
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