Zayo Group has announced it has executed a definitive agreement to purchase the remaining ownership interests in USCarrier (USCarrier Telecom, LLC), a regional fibre-based bandwidth services provider with a network that spans Georgia, Florida, Alabama and Tennessee. Zayo acquired an approximately 50% interest in USCarrier through its acquisition of American Fiber Systems in October, 2010. Zayo will purchase the remaining interests in USCarrier from its current shareholders for US$13.5 million.
USCarrier operates a 3,700 mile regional fibre network that connects major markets such as Atlanta, Jacksonville, Tallahassee, Nashville and Chattanooga along with 40 smaller cities throughout the Southeast such as Macon and Savannah, Georgia and Mobile and Montgomery, Alabama.
Source: Zayo Group