US B2B fibreco Zayo has agreed to buy smaller player Electric Lightwave, previously known as Integra Telecom, for US$1.42bn in cash in a bid to expand on the West Coast. Colorado-based Zayo said the deal value represents a pre-synergised multiple of less than eight times LQA EBITDA of US$180m. It expects the transaction, scheduled to close in Q1 2017, to result […]