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.
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