Zayo Acquires Citynet

LOUISVILLE, Colo. -- Zayo Group—a regional provider of bandwidth and telecom services—announced it has closed its acquisition of Citynet Fiber Network (CFN), the wholesale division of integrated communications provider Citynet. The deal doubles Zayo’s metro and regional fiber route miles to 17,000, serving more than 1,400 on-net building locations in 12 states.

Tulsa, Okla.-based CFN now becomes part of Zayo Bandwidth, Zayo Group’s fiber-based bandwidth business unit that provides solutions to carriers, web-centric companies, public institutions and enterprises. Zayo Bandwidth services include private line, wavelength, Ethernet, Internet and colocation.

“This event enables the combination of two great networks and two strong teams to better serve our customers,” said John Scarano, COO of Zayo Group and President of Zayo Bandwidth. “Zayo’s network now extends fully across the central and eastern regions of the US and throughout nearly one hundred metropolitan areas, thereby facilitating deep access reach and associated long-term benefits for our customers.”

Zayo Group Inc. (NYSE: ZAYO)