Zayo Group completes its $127 million acquisition of Spread Networks whilst also announcing an extension of its fibre network in Texas.
Zayo unveiled plans to buy Spread Networks – a privately-held fibre network company between Chicago and New York – in November, but said it has now completed the deal. The provides Zayo with an 825-mile, high-fibre count long haul route between New York and Chicago
It also includes Spread’s customers, in particular those in financial services who have trading operations in those cities’ markets, with one of the lowest latency and most direct fibre routes between the two cities and additional physical path diversity.
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