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Major Carrier Selects Zayo for National Dark Fiber Solution

20-year agreement with $50 million in value

BOULDER, Colo. – July 15, 2016 – Zayo Group Holdings, Inc. (NYSE: ZAYO) has been selected by a major U.S. carrier for a dark fiber network that will enable the customer to significantly expand its service area. The network leverages both Zayo’s existing long haul fiber network and previously announced routes that are under construction.

The carrier will utilize 3,200 route miles from Zayo, connecting nine markets and crossing eight states. By leveraging network that is largely in place, Zayo expects to generate strong IRR and unlevered cash flow from this contract.  

Zayo’s dark fiber backbone will enable the customer to expand its footprint and provide high-bandwidth services to consumer and business customers,” said Randy Brogle, vice president of Long Haul Dark Fiber at Zayo. “Dark fiber is an ideal solution for carriers that want to expand their network presence and effectively support future capacity requirements.”

Zayo’s North American long haul dark fiber network, which includes approximately 29,000 route miles, addresses the needs of carrier, content, enterprise and public-sector organizations for high-capacity communications infrastructure.

For more information, 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 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 112,000-mile network in North America and Europe includes extensive metro connectivity to thousands of buildings and data centers. In addition to high-capacity dark fibre, wavelength, Ethernet and other connectivity solutions, Zayo offers colocation and cloud services in its carrier-neutral data centers. Zayo provides clients with flexible, customised 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 September 18, 2015. 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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