M&A Deal Summary

Zayo Acquires Citynet Fiber Network

On December 13, 2007, Zayo acquired communications company Citynet Fiber Network

Acquisition Highlights
  • This is Zayo’s 5th transaction in the Communications sector.
  • This is Zayo’s 5th transaction in the United States.
  • This is Zayo’s 1st transaction in Oklahoma.

M&A Deal Summary

Date 2007-12-13
Target Citynet Fiber Network
Sector Communications
Buyer(s) Zayo
Deal Type Add-on Acquisition

Target

Citynet Fiber Network

Tulsa, Oklahoma, United States
Citynet Fiber Network is a provider of communication services and has 8,500 route miles of fiber covering 57 Tier I-III markets in ten states. The company’s on-net buildings encompass many major carrier locations like local exchange carrier central offices, carrier hotels and wireless mobile switching centers.

Search 201,771 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Zayo

Boulder, Colorado, United States

Category Company
Founded 2007
Sector Communications
Employees3,700
Revenue 2.6B USD (2018)
DESCRIPTION
Zayo's corporate headquarters in Boulder, Colorado.
Zayo's corporate headquarters in Boulder, Colorado.

Zayo is a provider of bandwidth infrastructure and network neutral colocation and interconnection services. Zayo's services allow its customers, which include telecom carriers, wireless service providers, media and content companies, and other bandwidth-intensive businesses, to transport data, voice, video, and internet traffic, as well as to interconnect their networks. Zayo was founded in 2007 and is based in Boulder, Colorado.


DEAL STATS #
Overall 5 of 35
Sector (Communications) 5 of 25
Type (Add-on Acquisition) 5 of 33
State (Oklahoma) 1 of 1
Country (United States) 5 of 28
Year (2007) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-11-19 VoicePipe Communications

Boulder, Colorado, United States

VoicePipe Communications, Inc. is a provider of telecommunications solutions.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-05-28 Fibernet Telecom Group

New York, New York, United States

Fibernet Telecom Group, Inc. is a provider of telecommunications products and services.

Buy $91M