Zayo completed its previously announced acquisition of Viatel for EUR 98.8 million. The acquisition adds an 8,400 kilometer fiber network across eight countries to Zayo’s European footprint, including 12 new metro networks, seven data centers and connectivity to 81 on-net buildings.
“The acquisition of Viatel’s European network business strengthens our strategic position in Europe and provides customers with access to our fiber network and expanded connectivity to key international markets,” said Dan Caruso, Zayo chairman and CEO. “Because of the complementary nature of the acquisition, we will begin cross-selling our full suite of services to both Zayo and Viatel customers immediately.”
