New route to connect Portland and Umatilla, Oregon
BOULDER, Colo. – February 8, 2017 – Zayo Group Holdings, Inc. (NYSE: ZAYO) today announced plans for a new, success-based long haul dark fiber network between Portland and Umatilla, Oregon. The anchor tenant will partially fund the construction of the route, which has already seen strong demand from additional customers. Construction began in January 2017.
The network expansion will add more than 250 route miles along the Hood River corridor in Oregon, which has become a data center hub for major content companies and carriers. The route will be fully underground, supported by five ILA sites, providing secure, low-latency connectivity. Cost-effective industrial power and enterprise zone and other tax incentives have attracted large enterprises to the communities along the corridor.
“This new network will provide our anchor customer with low-latency bandwidth along a highly strategic route, which they can ‘light up’ as they scale,” said Dennis Kyle, senior vice president, Dark Fiber Solutions, Pacific Northwest Region at Zayo. “It’s not surprising given the strategic importance of this route that we already have a robust funnel of sales opportunities.”
For more information on Zayo, please visit zayo.com.
About Zayo Group
Zayo Group Holdings, Inc. (NYSE: ZAYO) provides communications infrastructure services, including fiber and bandwidth connectivity, colocation and cloud infrastructure 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 114,500-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 infrastructure 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.
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 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.
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