Boulder-based Zayo Group to buy Minneapolis’ Access Communications for $40m



Via News Release

“BOULDER, Colo., Aug 19, 2013 (BUSINESS WIRE) — Zayo Group, LLC (“Zayo”) announces that it has executed a definitive agreement to purchase Access Communications, Inc. (“Access”), a provider of metro Bandwidth Infrastructure services in Minneapolis-St. Paul, Minn., for a purchase price of $40 million, subject to certain adjustments.

Access owns and operates a 1,200 mile metropolitan fiber network that covers the greater Minneapolis-St. Paul metropolitan area, connecting more than 500 on-net buildings, including the area’s major datacenters and carrier hotel facilities. Access is primarily focused on providing dark fiber services to a concentrated set of Minneapolis area carrier, enterprise and governmental customers, particularly within the education segment.”

Read More…