Saturday, December 15, 2012

Zayo Acquires Fiber Net in Baltimore for $22 Million

Zayo agreed to acquire Litecast/Balticore , a provider of metro Bandwidth Infrastructure services in Baltimore, Maryland, for $22 million. Litecast owns and operates a metropolitan fiber network connecting over 110 on-net buildings in Baltimore, including all of the city’s major data centers and carrier hotel facilities. Litecast is focused on providing dark fiber and Ethernet-based services to a concentrated set of Baltimore enterprise and governmental...

Telenor Commits to Indian Market

Telenor restated its intention to become a major player in the Indian communications market by committing  INR 155 billion to its operations there. In the most recent spectrum auction, Telenor secured 5 MHz spectrum in UP East, UP West, Bihar, Andhra Pradesh, Gujarat and Maharashtra.  In combination with the planned business transfer from Uninor to a new entity, this allows Telenor’s India operations to continue seamlessly in the new company...