PR Archives:  LatestBy Company By Date


Press Release -- July 9th, 2010
Source: Zayo Group
Tags: Metro Fiber

Zayo Group Announces the Formation of Zayo Fiber Solutions

New Business Unit to Focus on Dark Fiber

LOUISVILLE, Colo. – July 8, 2010 – Zayo Group, a provider of telecom and Internet infrastructure services, announced today the formation of a new business unit, Zayo Fiber Solutions (ZFS). ZFS will design, build, and manage unlit fiber-optic networks (or dark fiber services) for wholesale, enterprise, and government customers.

“Nearly all wireless, telecom, content, and Internet service providers utilize fiber to run certain aspects of their underlying networks,” explained Matt Erickson, President of Zayo Fiber Solutions. “ZFS helps its customers extend the depth and breadth of their fiber network infrastructure.”

On July 1, 2010, Zayo completed its acquisition of AGL Networks (AGL). Dark fiber based services made up 100% of AGL’s revenue. On June 30, 2010, Zayo announced it signed a definitive agreement to acquire American Fiber Systems Holding Corporation (AFS). A significant portion of AFS’ revenue comes from dark fiber services. In addition to continuing to provide dark fiber services in the AGL and AFS markets (pending completion of the AFS acquisition), ZFS will offer dark fiber services across much of Zayo Group’s fiber footprint. ZFS will also provide custom built fiber networks in markets that Zayo does not currently serve.

“Zayo Group’s mission is to provide essential infrastructure to carriers and service providers as they cope with the ongoing explosive growth of the Internet,” said Dan Caruso, President and CEO of Zayo Group. “The addition of ZFS and its singular focus on dark fiber adds to our capabilities to provide these core infrastructure services.”

About Zayo Fiber Solutions
Zayo Fiber Solutions (ZFS) (www.zayofibersolutions.com), a wholly owned subsidiary of Zayo Group, provides dark fiber products and services to wholesale, enterprise, and government customers. ZFS enables standard and complex solutions in more than 30 markets throughout the Zayo Group footprint.

About Zayo Group
Based in Louisville, Colo., privately owned Zayo Group (www.zayo.com) is a provider of telecom and Internet infrastructure services. Zayo provides its infrastructure services over its regional, metro fiber and fiber to the tower networks that span 142 markets and 28 states. Zayo Group is organized into four distinct business units: Zayo Bandwidth, which focuses on the carrier and wholesale segment, Zayo Fiber Solutions, Zayo Enterprise Networks and zColo.

###
For more information contact:
Julia Kendall
(303) 381-3367
jkendall@zayo.com

PR Archives: Latest, By Company, By Date