Multinational Bank Selects Zayo for Wavelength Solution
Solution leverages dense fiber network in the UK
BOULDER, Colo. –
A leading multinational bank has selected Zayo Group Holdings, Inc.
(NYSE: ZAYO) for a private wavelength solution on dedicated fiber. The
100G-enabled network will connect several of the bank’s core data
centers located in the UK.
This flagship solution, which will serve as the bank’s primary network,
fully leverages existing network, including assets from acquisitions and
success-based builds. Capital expenditure for the project is largely
limited to network components.
The trendlines for global banks and financial services companies reflect
the move to fiber-based solutions for their bandwidth-intensive
functions, including file sharing, large file transfers, business
intelligence applications and data analysis. In this case, the bank is
consolidating and streamlining its network for additional capacity and
“Zayo’s extremely dense, resilient and high-performance UK fiber network
coupled with our transparency and flexibility in dealing with the
customer were the deciding factors in this win,” said Annette Murphy,
Zayo’s managing director of Europe. “The solution delivers all the
baseline components providing the ability to easily scale, upgrade or
extend this network in the UK, Europe and beyond, in support of the
customer’s current and future requirements.”
The sale is an illustration of the effectiveness of Zayo’s go-to-market
strategy for the Finance and Professional Services vertical.
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 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
126,000-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.
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