Windstream Offloads Minnesota, Nebraska Fiber Assets
Arvig has a 10,500-mile fiber network throughout the state of Minnesota.
Arvig has a 10,500-mile fiber network throughout the state of Minnesota.
This summer, Windstream exchanged its remaining equity stake in Communications Sales & Leasing (CS&L), a real estate investment trust (REIT) and Windstream spinoff, to reduce debt.
The project will traverse four states and several major cities.
To be sure, the appetite and environment for a fiber IPO seems healthy. Unlike the late 1990s, which featured a fiber glut that contributed to the dot-com bust, demand for high-bandwidth connectivity is soaring.
Channel partners may sell the on-net and near-net capabilities.
Bandwidth infrastructure provider Zayo Group, LLC has acquired dark fiber provider Geo Networks Ltd., which will add over 2,100 route miles to Zayo’s European network.
The fiber provider is paying $40 million in cash.
Bandwidth-infrastructure services between the two markets now include wavelengths and Ethernet, as well as dark fiber.
The two fiber providers will cover three major regions of the United States.
First Telecom Services (FTS), a provider of bandwidth-infrastructure services throughout the Northeast and Midwest, is now a part of Louisville, Colo.-based Zayo.
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