Expansion to provide high-performance connectivity and diversity options
BOULDER, Colo.–(BUSINESS WIRE)– Zayo Group Holdings, Inc. (NYSE: ZAYO) is expanding its fiber infrastructure in Ohio, making significant investments in metro network to support enterprise and mobile carrier customers driven by an anchor customer deal. The network expansion will further strengthen Zayo’s dense Ohio metro networks and add nearly 300 new route miles in the Youngstown and Akron area.
Zayo’s existing network provides long haul connectivity throughout the state, including the Cleveland/Akron/Pittsburgh corridor. This build will also enable additional diverse options through Youngstown.
The expansion illustrates a trend toward densification of Tier 2 and 3 markets and diverse connectivity between them. The growth of bandwidth intensive content, OTT streaming services, and IoT applications is leading companies to deploy services at the edge of the network. Further densification will be required for 5G.
The expanded network will provide healthcare, universities, local government, data centers and enterprises in Youngstown and Akron with wavelength and other fiber-based solutions along the route. Construction on the project will start this quarter and is anticipated to be completed in 2020.
“This investment elevates our strong position in Ohio, enabling stronger reliability, performance and critical diversity for our customers,” said Steve Orlando, senior vice president of Central Region at Zayo. “The expanded metro fiber routes will strengthen and expand our footprint to approximately 3,500 route miles, including connections to multiple on-net buildings and data centers in Cleveland, Cincinnati, Columbus and Toledo.”
For more information about Zayo, visit zayo.com.
About Zayo Group
Zayo Group Holdings, Inc. (NYSE: ZAYO) provides mission-critical bandwidth to the world’s most impactful companies, fueling the innovations that are transforming our society. Zayo’s 130,000-mile network in North America and Europe includes extensive metro connectivity to thousands of buildings and data centers. Zayo’s communications infrastructure solutions include dark fiber, private data networks, wavelengths, Ethernet, dedicated internet access and data center colocation services. Zayo owns and operates a Tier 1 IP backbone and 51 carrier-neutral data centers. Through its CloudLink service, Zayo provides low-latency private connectivity that attaches enterprises to their public cloud environments. Zayo serves wireless and wireline carriers, media, tech, content, finance, healthcare and other large enterprises. For more information, visit zayo.com.
Forward Looking Statements
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 24, 2018. 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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190607005216/en/
Media: Shannon Paulk, Corporate Communications
303-577-5897
press@zayo.com
Investors:Brad Korch, Investor Relations
720-306-7556
IR@zayo.com
Source: Zayo Group
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