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Zayo Names Jack Waters President of Zayo Networks and COO

Press Release

BOULDER, Colo. –
Zayo Group Holdings, Inc. (NYSE: ZAYO) announced today that it has
appointed Jack Waters as President, Zayo Networks and Chief Operating
Officer of Zayo Group Holdings, Inc. In this expanded role, Waters will
lead the company’s global Networks business, including the fiber
solutions, transport, enterprise and strategic networks businesses in
addition to network operations and security.

Waters has served as Zayo’s Chief Technology Officer and President,
Fiber Solutions since August 2016. During his tenure, Jack has led
organic and inorganic expansion of the company’s fiber network,
integrating six acquisitions, including Electric Lightwave, Optic Zoo,
and Spread Networks. He and his team have continued to amass and
strengthen Zayo’s network, with unique routes, high-fiber counts and
high density in major metropolitan areas to create a long-term platform
for success.

“Jack’s leadership will continue to be instrumental as we fully leverage
our global fiber footprint to provide solutions to the world’s most
innovative and impactful companies,” said Dan Caruso, Zayo Chairman and
CEO. “He has put a foundation in place, including the regional and
strategic fiber network teams, which will be key to driving momentum and
further unleashing the value of our network.”

Prior to joining Zayo, Waters served in numerous leadership roles at
Level 3 Communications, including chief technology officer. He was with
Level 3 from its inception, and oversaw most of the engineering,
network, and operations functions during Level 3’s initial 18 years.
Waters was an original member of the team responsible for InternetMCI
and began his career at SURAnet, the Southeastern University Research
and Academic Network. Waters is a frequent speaker at industry and
policy events and serves on the board of directors of the Colorado
Technology Association.

For more information on Zayo, please visit

About Zayo Group

Zayo Group Holdings, Inc. (NYSE: ZAYO) provides communications
infrastructure solutions, 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
130,000-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 users with flexible,
customized solutions and self-service through Tranzact, an innovative
online platform for managing and purchasing bandwidth. For more
information, visit

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 24, 2018. 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


Zayo Group Holdings, Inc.
, Corporate Communications

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