Zayo to provide private wavelength connectivity
BOULDER, Colo. – October 21, 2016 – A multinational bank has selected Zayo Group Holdings, Inc. (NYSE: ZAYO) for a multi-point wavelength network to connect its key locations in the U.K. The solution leverages network acquired from the Geo Networks acquisition in 2014.
The network, which will replace legacy MPLS technology, includes more than 10 diverse routes of up to 40G of wavelength connectivity. The network will become the bank’s core backbone and provide dedicated, secure connectivity between the company’s data centers and its headquarters.
Banks and financial services firms are increasingly turning to high-capacity communication infrastructure solutions for secure file sharing, large file transfers, business intelligence applications and data analysis. Zayo’s unified solutions are ideal for multi-location businesses and include high-performance connectivity, colocation and cloud services.
“Zayo’s wavelength solution will enable this customer to significantly upgrade its network to accommodate bandwidth-intensive data and applications,” said Alastair Kane, managing director Northern Europe at Zayo. “It’s another example of leveraging our global network to provide our customers with the right solutions.”
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 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.
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.