S&P Places Zayo Group (ZAYO) on CreditWatch Positive

Zayo to Acquire Electric Lightwave

Acquisition will add more than 12,000 route miles of fiber in Western U.S.

BOULDER, Colo.--(BUSINESS WIRE)-- Zayo Group Holdings, Inc. (NYSE: ZAYO) today announced it has entered into an agreement to acquire Electric Lightwave, formerly known as Integra Telecom, for $1.42 billion in cash. Electric Lightwave, which provides infrastructure and telecom services primarily in the Western United States, has 8,100 route miles of long haul fiber and 4,000 miles of dense metro fiber in Portland, Seattle, Sacramento, San Francisco, San Jose, Salt Lake City, Spokane and Boise, with on-net connectivity to more than 3,100... More