Zayo Group
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Zayo Group has announced a series of expansions and enhancements to its network and services. -
Zayo has hired Bill Long from Equinix to be its new chief product officer.
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Zayo confirms the launch of its new Zeus subsea cable connecting the UK and continental Europe via landings in Lowestoft, UK and Zandvoort, Netherlands.
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Zayo Group has acquired QOS Networks to bolster its edge and SD-WAN capabilities.
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Zayo has hired Lynn Tinney, formerly of Cisco and Brightcove, as its senior VP for channels and partnerships.
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Zayo Group Holdings has named its new company president, chief of operations, chief product and technology officer and chief legal officer.
Forthcoming events
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Capacity Middle East 2024
Capacity Middle East is the largest carrier meeting for the Middle Eastern region, uniting the region’s key ICT players.
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Mobile infrastructure and wifi company Boingo Wireless is to become part of Digital Colony’s empire, which already includes FreshWave, Highline do Brasil and 50% of Zayo.
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Dan Caruso has stepped down from the leadership of Zayo, the company he co-founded in 2007.
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EQT, the Swedish investor that owns half of Zayo, is looking to buy KPN, according to unconfirmed reports.
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The banks handling the planned sale of GTT Communications’ so-called Apollo infrastructure unit – the former Interoute and Hibernia Networks – have received two bids, Capacity understands.
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Digital Colony and EQT’s Zayo has hired a former senior executive in Interoute and GTT to run its European business – just as GTT reaches the final stages of selling its infrastructure operations.
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Marc Ganzi will become CEO of Colony Capital on 1 July, the company has announced. He is already CEO of Digital Colony.
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Zayo is now a private company, owned by a joint venture of Digital Colony and EQT after completion of a $14.3 billion purchase, 10 months after it was announced.
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Zayo will cease to be a publicly quoted company a week on Monday – 9 March – when its $14.3 billion takeover by Digital Colony and EQT Infrastructure is completed.
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Investors seemed keen last night to buy $2.58 billion worth of bonds from the joint venture that is set to buy the Zayo Group.
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Digital Colony and EQT, the two private equity investors buying Zayo, will begin raising $3 billion in debt to help fund the purchase.
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Acquisitive Swedish investor EQT, which is buying Zayo in a joint venture with Digital Colony, has made “a significant growth investment” in RIMES, a provider of managed data services for financial institutions.
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Digital Colony, the Marc Ganzi investment group that is bidding for Zayo, has unified three of its UK operations under a new brand, Freshwave.
