Zayo to acquire First Telecom Services for $110M in cash

10/18/2012 | American City Business Journals

Zayo Group has agreed to acquire First Telecom Services, which has 8,000 miles of fiber-optic routes in 11 states, for $110 million in cash. "First and foremost, FTS brings a strong and durable base of largely dark fiber revenue from a select group of strategic customers. Second, it secures Zayo's control over some critical and unique regional fiber routes," Zayo President and CEO Dan Caruso said in statement.

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