BOULDER, Colo.--(BUSINESS WIRE)--
A major wireless carrier has selected Zayo Group Holdings, Inc. (ZAYO) to deploy C-RAN connectivity in two major metro areas. In one market, Zayo will provide an “over the top” fronthaul solution, providing incremental fibers on existing paths to supplement the existing network. In the second market, Zayo will initiate service for the carrier in a new cluster of sites, solving for high-demand areas by extensively leveraging dense, existing metro dark fiber assets.
Increasingly, wireless carriers are turning to C-RAN architecture to improve network performance while reducing capital expenditures and gaining operating efficiencies. “C-RAN enables wireless carriers to cost-efficiently keep pace with the growing bandwidth demand of their customers,” said Dave Jones, executive vice president, Dark Fiber Solutions at Zayo. “C-RAN, which requires a plentiful supply of dark fiber, is a prime example of second tenant economics for Zayo.”
According to Cisco, global mobile data traffic grew 74 percent last year, with a prediction of compound annual growth rates at more than 50 percent through 2020. To accommodate current and future demand, carriers are taking steps to upgrade their networks now, deploying technologies such as C-RAN and small cell.
“Although 5G has not been fully defined, carriers are implementing solutions to densify their networks for 5G,” added Jack Waters, Zayo CTO. “The migration toward dark fiber solutions, C-RAN, and small cells are foundational for the migration to 5G.”
For more information on Zayo, please visit zayo.com.
About Zayo Group
Zayo Group Holdings, Inc. (ZAYO) provides communications infrastructure services, including fiber and bandwidth connectivity, colocation and cloud services to the world’s leading businesses. Customers include wireless and wireline carriers, media and content companies and finance, healthcare and other large enterprises. Zayo’s 112,600-mile network in North America and Europe includes extensive metro connectivity to thousands of buildings and data centers. In addition to high-capacity dark fiber, wavelength, Ethernet and other connectivity solutions, Zayo offers colocation and cloud services in its carrier-neutral data centers. Zayo provides clients with flexible, customized solutions and self-service through Tranzact, an innovative online platform for managing and purchasing bandwidth and services. For more information, visit zayo.com.
This press release contains a number of forward-looking statements. Words, and variations of words such as “believe,” “expect,” “plan,” “continue,” “will,” “should,” and similar expressions are intended to identify our forward-looking statements. No assurance can be given that future results expressed or implied by the forward-looking statements will be achieved and actual results may differ materially from those contemplated by the forward-looking statements. These forward-looking statements involve risks and uncertainties, many of which are beyond our control. For additional information on these and other factors that could affect our forward-looking statements, see our risk factors, as they may be amended from time to time, set forth in our filings with the SEC, including our 10-K dated August 25, 2016. We disclaim and do not undertake any obligation to update or revise any forward-looking statement in this press release, except as required by applicable law or regulation.