Sale underscores trend of customers buying multi-product solutions
BOULDER, Colo. – October 19, 2017 –A leading U.S.-based multinational bank has selected Zayo Group Holdings, Inc. (NYSE: ZAYO) for a colocation, dark fiber and wavelength solution. The project is part of the bank’s initiative to optimize its core infrastructure and leverages Zayo’s existing infrastructure in several regions.
The colocation solution includes data center space and power in multiple strategically-located Zayo facilities, which provide extensive interconnection options. Zayo’s dark fiber infrastructure will be utilized within the metropolitan areas, providing high-capacity bandwidth and control. In addition, a 100G optical wavelength solution will also be deployed, providing long-haul connectivity between multiple cities across the U.S.
Over the past several years, Zayo has significantly grown its network and data center footprint across North America and Europe. The result is the ability to provide a multi-product solution across a broad geography to meet customers’ specific needs.
Zayo continues to invest in its global infrastructure footprint to facilitate high-capacity colocation, resilient interconnection between facilities and low-latency routes. This enables direct connection and access to key financial markets, market data and electronic trading platforms. As a result, Zayo’s financial services vertical team is deepening its relationships with existing customers in the sector and initiating new relationships with key partners and customers in the space.
“Our flexible colocation solutions combined with our dense, existing fiber network provides this valued customer with a comprehensive, integrated solution,” said Andrew Crouch, president and COO at Zayo. “We continue to see strong demand for multi-product infrastructure from to support the movement, processing and storage of data in the financial services sector.”
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 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 124,000-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 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 22, 2017. 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.