Zayo Group buys Chicago-based FiberLink

BOULDER – Zayo Group LLC bought FiberLink LLC in Chicago, the company said Monday.

Financial terms of the transaction were not disclosed.

Zayo, a Boulder-based telecommunication infrastructure company, used funds from a $250 million revolving credit facility to buy FiberLink, according to a company press release.

The FiberLink sale includes a 1,200-mile route of dark fiber-optic cable running from Chicago through Des Moines, Iowa, and Omaha, Nebraska, to Denver, Zayo said in the press release.

As computer users need more online bandwidth, the “pipes” carrying information need to get larger and wider, meaning FiberLink assets became more valuable over the years, said Christopher J.…