Acquisition

Transaction will further accelerate Vantage’s European expansion to include Wales, U.K, its sixth strategic market

• Digital Colony and EQT Become Zayo’s Lead Investors

TORONTO – February 3, 2020 ‒  Beanfield Technologies Inc. (“Beanfield”), an independent telecommunications infrastructure provider in Canada serving the enterprise, carrier and multi-dwelling units  markets, today announced its acquisition of Openface Inc. (“Openface”), a leading provider of fiber-based telecom services primarily to small and medium-sized businesses as well as enterprise customers. Financial terms of the private transaction were not disclosed.

• Investment Marks Digital Colony’s Entrance in Digital Infrastructure Market in Brazil

• Zayo Shareholders to Receive $35.00 per share in Cash Transaction Valued at $14.3 Billion

• Transaction would result in Zayo becoming a private company

• World-class network assets well positioned to meet connectivity-driven demand in key North America and Europe markets

• Global investment firms, EQT and Digital Colony, uniquely positioned to support Zayo in growing its business

• Standalone Business Focuses on Neutral-Host Digital Infrastructure Solutions

• iWireless Solutions Joins Growing Digital Infrastructure Platform, Adding Outdoor Small Cell Capabilities

• Creates Canada’s First Neutral-Host Provider of Small Cell and 5G Infrastructure and Enterprise and Wholesale Fiber Connectivity
• Strengthens Hybrid-Solutions Managed Service Offering for Enterprises

• Rapidly growing, premium DAS and small cell operator in the U.K. wireless market 
• Transaction provides committed capital for the continued deployment of Stratto’s robust pipeline of indoor DAS network opportunities across the U.K.
• First step of a broader strategy to create a U.K. digital infrastructure platform across towers, fiber and small cell networks

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Telecom Finance by Ms. Katy Hunt

14 December 2017