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Zayo Appoints Jack Waters as CTO and President of Network Solutions

Senior industry executive to join Zayo’s senior leadership team

BOULDER, Colo. – July 29, 2016 – Zayo Group Holdings, Inc. (NYSE: ZAYO), the global leader in Communications Infrastructure, has named industry leader Jack Waters as chief technology officer (CTO) and president of Network Solutions.

As a member of Zayo’s senior leadership team, Waters will be involved in all aspects of the business and will be directly engaged with Zayo’s strategic customers, technology vendors and alliance partners. He will report to Zayo’s chairman and CEO Dan Caruso and oversee global technology and network strategy and execution. The appointment is effective August 15.

“Zayo is managing web scale networks for many of our clients, and providing innovative solutions which include dark fiber, wavelengths, Ethernet, IP, colocation and cloud technologies,” said Caruso. “These customers know and trust Jack, and will welcome his involvement in the design, implementation and operations of these networks and solutions.”

Waters and Caruso worked together beginning in 1997 in launching Level 3 Communications and throughout Caruso’s seven years at the company. During Waters’ 18-year tenure with Level 3, he held key leadership and engineering roles and is well known for his role as their long-time CTO. Before joining Level 3, Waters was an executive staff member for MCI Communications, responsible for network architecture and implementation. He began his career at SURAnet, the Southeastern University Research and Academic Network. Waters serves on the FCC’s Technical Advisory Council and the board of directors for the Colorado Technology Association.

“I am proud of the world-class network and talented team we built during my tenure at Level 3,” said Waters. “I look forward to this next chapter, which includes collaborating with friends and former colleagues from across the industry.”

“Unlike many of the Zayo veterans, I have not worked with Jack, but I know he is a highly respected leader who has an impressive track record of leveraging technology to drive business value,” said Chris Morley, COO of Zayo. “We are excited to collaborate with him to continue to shape our strategy, bolster our network infrastructure and strengthen relationships with our growing base of global customers and alliance partners.”

For more information about 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 112,000-mile network in North America and Europe includes extensive metro connectivity to thousands of buildings and data centers. In addition to high-capacity dark 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 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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