Brazil is becoming increasingly known as the gateway into Latin America, driving Zayo’s first physical presence in the region. Zayo’s new Point of Presence (PoP) in São Paulo turned up late 2019 is now enabling diverse connectivity between Zayo’s extensive North American fiber network and Latin American markets.
Zayo’s global reach provides its customers with access beyond the boundaries of Zayo’s owned fiber network, creating end-to-end solutions across key locations worldwide. Leveraging Zayo’s robust long haul and metro fiber assets in combination with strategic relationships and key fiber owners in regions around the world, our global network offers customers seamless connectivity wherever their business takes them. Zayo already has an established network throughout Asia-Pacific, and Latin America has quickly become a priority, vital to the growth and success of our global customer base.
As the financial hub of Latin America, São Paulo was a priority for our financial customers looking to access data from and trade on the BM&FBOVESPA S.A. Securities, Commodity and Futures Exchange (BM&FBOVESPA). When BM&FBOVESPA was formed back in 2008, from the merger of the São Paulo Stock Exchange and the Brazilian Mercantile and Futures Exchange, it immediately became the leading South American marketplace for international investors trading equities, fixed income, commodities, and futures.
BM&FBOVESPA continues to attract leading foreign investors, from banks to proprietary trading firms, with nearly 1.5 million investors at the start of 2020. Zayo will now play a key role for our financial customers in delivering access to this growing financial market.
This connectivity will also provide Latin American access to customers across various industries including retail/e-commerce, adtech, fintech, and media. In 2002, one of the world’s largest webscale companies opened its very first office in Latin America in Sao Paulo. Shortly thereafter, many other tech giants followed suit. With more than 200 million people in Brazil and nearly 79% of the population online, the opportunities continue to grow. Already, Brazilians are the second largest users of social networks after the United States. Further, Brazil represents 42% of all the B2C e-commerce transactions in Latin America, which plays an expanding role in the technology economy.
With the growing population and massive online consumption in Brazil, international companies are looking for faster and more reliable ways to connect their platforms to this user base. Zayo, and all of its customers, now have the ability to access consumers, financial markets, and more in São Paulo and beyond.