Customer momentum enables further network expansion
BOULDER, Colo. – March 1, 2018 – Driven by customer demand, Zayo Group Holdings (NYSE: ZAYO) has significantly expanded its infrastructure in the Texas Triangle, the megaregion that includes Houston, San Antonio, Austin and Dallas/Ft. Worth, over the past two years. Zayo has almost tripled its network footprint in Texas and increased its customer base by 33 percent to more than 450 customers.
The expansion has largely been driven by several major customer contracts, including fibre-to-the-tower (FTT) builds in San Antonio and Austin for a wireless provider, dark fibre for the state’s fifth largest city and dark fibre for a regional school district.
Zayo has recently signed an additional customer contract that will further expand the company’s extensive fibre network in San Antonio by approximately 25 miles. The build will enable diverse, high-fibre count access to Texas Research Park and the Westover Hills areas. The project leverages in-place network from the 2016 FTT buildout and complements fully diverse routes between Austin and San Antonio.
The Texas Triangle represents approximately 75 percent of the Texas economy and is a growing centre for technology, energy, finance, transportation and enterprise. It is home to more than 50 Fortune 500 companies.
“The density of our network provides a significant advantage for our public and private sector customers in Texas,” said Jack Waters, CTO and president of Fibre Solutions at Zayo. “Our continued expansion underscores our commitment to the state and provides opportunity for additional customers who can benefit from our fibre network, data centre footprint and extensive connectivity across our global network.”
For more information on Zayo’s network, visit zayo.com.
About Zayo Group
Zayo Group Holdings, Inc. (NYSE: ZAYO) provides communications infrastructure solutions, including fibre 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 127,000-mile network in North America and Europe includes extensive metro connectivity to thousands of buildings and data centres. In addition to high-capacity dark fibre, wavelength, Ethernet and other connectivity solutions, Zayo offers colocation and cloud infrastructure in its carrier-neutral data centres. 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 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.