LOUISVILLE, Colo. – April 07, 2011 – Zayo Group, a provider of fiber-based bandwidth infrastructure and network-neutral colocation services announced today it has consolidated its managed communication services business in a newly formed subsidiary under the Onvoy Voice Services unit of Zayo Group Holdings, Inc. The new structure will support Zayo Group’s focus on bandwidth infrastructure while enabling a more strategic alignment of its managed communications services with Onvoy.
“We believe there are ongoing opportunities for growth in managed communication services including IP-based voice services and managed networks for customers,” stated Dan Caruso, CEO of Zayo Group.”We feel that separating the managed communications services from our core bandwidth infrastructure business enables both businesses to more effectively focus on their customers and continued growth.”
Fritz Hendricks, President of Onvoy Voice Services, who will oversee the new subsidiary, commented, “We will continue to deliver high quality service for our customers and look forward to growing with them over time.”
The change was effective April 1, 2011and managed communications services customers will not see any impact to their services, contract or account coverage.
About Zayo Group
Based in Louisville, Colorado, privately owned Zayo Group, LLC (www.zayo.com) is a leading provider of fiber-based bandwidth infrastructure and network-neutral colocation and interconnection services. Zayo Group is organized into autonomous business units supporting customers who require lit and dark fiber services and carrier neutral colocation. Zayo’s business units provide these services over regional, metro and fiber-to-the-tower networks. Zayo was recently ranked #23 on the ColoradoBiz Top 250 Private Companies in Colorado and its President and CEO, Dan Caruso, was recently named one of the “Eleven Colorado business people to watch in 2011” by the Denver Post.