Zayo Group To Acquire Columbia Fiber Solutions

Louisville, CO - Zayo Group, a regional provider of bandwidth and telecom services, announced it has signed a definitive agreement to acquire Spokane, Wash.-based Columbia Fiber Solutions (CFS) from Columbia Ventures Corp. CFS provides leased dark fiber services and fiber-based Ethernet services over a transparent LAN (TLS) infrastructure in the Inland Northwest. Very near-term future plans include adding Zayo's Private Line and IP suite of services to CFS' existing product portfolio.

CFS will become part of Zayo Bandwidth, Zayo Group's business unit that provides fiber-based bandwidth solutions to carriers, web-centric companies, public entities, educational institutions and enterprises. Zayo Bandwidth services include Private Line, Wavelength, Ethernet, Internet and Colocation. With this acquisition, Zayo's network spans over 19,000 fiber route miles, serving almost 1600 on-net buildings in 20 states.

"The CFS network compliments our existing metro and regional network in the Northwest by increasing the density of our coverage in the Spokane-Coeur d'Alene metro area," explained John Scarano, COO of Zayo Group and President of Zayo Bandwidth. "Zayo has long-standing relationships in place with many of CFS' customers and will be even better positioned to meet the growing bandwidth needs of these and other carriers and enterprises in the Pacific Northwest."

Zayo's existing network already provides service in Washington, Oregon and Idaho. The CFS network brings an additional 320 route miles of fiber and more than 350 on-net buildings in the Spokane-Coeur d'Alene metro area, the second largest population center in Washington. The network provides connectivity to many key carrier locations, colleges, data centers, hospitals and large enterprises.

SOURCE: Zayo Group