Last week I wrote about Zayo purchasing Onvoy, a local Minnesota ISP. Well, Zayo is back in the news. They have plans to build out fiber networks throughout the country by purchasing regional fiber providers that have stopped or slowed investment in the network.
The owner states his goal concisely:
“Our strategy is to acquire unique fiber-rich assets throughout the country to create a company that provides large bandwidth responsibly, quickly and reliably,” Scarano said in an interview. “We are being selective in the markets we invest in. Where we are buying the assets, there is limited deep metro competition. We generally do not have assets in NFL cities, but mostly in Tier 2 and Tier 3 cities that have ties to NFL cities. By investing in those areas where incumbents have not invested and where other competitive carriers have largely not invested, we will be able to keep up with the bandwidth demands of businesses in those areas.”
It will be interesting to see what happens in Minnesota and how far-reaching the network will be here. I believe that Onvoy would consider its market to be Minnesota and beyond, but I must admit that I’m not 100 percent sure.
