Micro fiber consolidation?

First Qwest buys Allegiance, and then today’s news that Cogent is buying LambdaNet’s Spanish and European operations, and FiberNet Telecom is taking over Gateway Colocation’s communications hub for $3.8 million in stock and $170,000 in cash: looks like the much awaited consolidation in the fiber network arena has begun in earnest. Still, I think too early to tell, but signs are good. Cogent’s purchase gives the company a good foot print in Europe and extends its network footprint into France, Spain, United Kingdom, Belgium, Luxemburg, Netherlands, Portugal and Switzerland.

* The living dead also known as $150 million club
* Cable & Wireless exits US