Showing posts with label Zayo. Show all posts
Showing posts with label Zayo. Show all posts

Thursday, June 14, 2018

Zayo lands data center contract with a webscale provider

Zayo announed a major contract with a global webscale provider for colocation in Zayo’s data center in McLean, Virginia.

Zayo acquired the McLean data center in April. The facility is located close to downtown Washington, D.C. and measures 62,000 total square feet. Zayo plans to upgrade the critical power at the site to three megawatts (MW) and enhance systems resiliency, security, audit certifications, and network connectivity. The data center tethers directly to Zayo’s data center in Ashburn, Virginia and to Zayo’s network point of presence (PoP) on M Street.

“This Northern Virginia location is especially attractive to webscale companies, government agencies, cloud providers and other large enterprises,” said Phil Mottram, Chief Customer Officer. “We are achieving rapid monetization of this asset, and have strong interest from other organizations in multiple sectors, including a financial services provider and an R&D lab.”

Thursday, June 7, 2018

Zayo to build Private Dedicated Wavelength Network for Hospital System

A major health system in the south-central U.S. has selected Zayo to provide a Private Dedicated Wavelength Network (PDN-W). A 40G network will provide diverse connectivity between the customer’s primary hospital campuses and data centers, supporting all data needs, from electronic health records (EHR) to medical device applications.

“Zayo’s solution will deliver the dedicated, diverse, high-performance infrastructure that the customer requires to provide the highest levels of patient care across its system,” said Jack Waters, CTO and president of Fiber Solutions. “Our ability to architect the right solution and flexibility to adjust the service levels to meet the customer’s needs were instrumental in earning their continued business.”

http://www.zayo.com/solutions/industries/healthcare

Thursday, May 31, 2018

Zayo announces dark fibre contract in UK

Zayo announced a major contract to provide dark fiber infrastructure in the UK for a leading global carrier. The solution includes 1,100 miles (1,800 km) of dark fiber to connect several data centers across the UK Zayo’s UK network extends from Glasgow and Edinburgh in the north, to Birmingham and Manchester and includes dense metro fiber in London. Financial terms were not disclosed.

“We have a strong relationship with this carrier and have worked closely with them to provide a dark fiber solution that delivers high performance and low latency to support a growing volume of data traffic,” said Annette Murphy, managing director of Europe at Zayo. “The carrier is relying on the infrastructure as a key element of its strategic growth and densification efforts.”

Thursday, May 24, 2018

Zayo adds wavelength route from Marseille to Strasbourg via Milan

Zayo activated a new coherent wavelength route from Marseille to Strasbourg via Milan. The route, which also provides connectivity to Paris, Frankfurt, London, and Amsterdam, leverages Zayo’s European fiber network acquired from Viatel.

Zayo said it already has customers for this new route,  include an India-based carrier which is looking to extend and harden its network into Europe. Additional customers committed to this route include a U.S.-based global Internet services provider and an international wholesale telecommunications provider.

Zayo is expanding its dark fiber and long-haul wavelength network in Europe, and now has several 100G and dark fiber routes out of Marseille, a city that serves as a strategic gateway and key aggregation point between Europe, Africa, and Asia via subsea cables.

“With our expanded capability, we are well-positioned to meet the needs of a growing base of global customers,” said Randy Dunbar, senior vice president, Transport. “Our connectivity options in and out of Marseille are opening up new international markets for us, and we continue to see strong demand from multiple verticals.”

Thursday, May 3, 2018

Zayo considers REIT tax structure

Zayo is continuing to study the possibility of converting its tax structure into a real estate investment trust (REIT). Preliminary investigation has revealed certain advantages. The company is now engaging with the IRS to seek clarification and has begun to execute the organizational changes that are required to operate as a REIT, including the realignment of its business segments to clearly delineate the leasing of network assets from ancillary services, which includes the separation and potential divestiture or deconsolidation of Zayo’s Allstream business segment.

At Zayo, we have a long and successful track record of creating shareholder value,” said Dan Caruso, chairman and CEO at Zayo. “Creating the optionality to convert to a REIT is potentially another avenue of value creation and is a high priority for Zayo, although the timing and probability of conversion remains uncertain.”

Separately, Zayo also disclosed that president and COO Andrew Crouch has resigned from the company, effective immediately.



Monday, April 16, 2018

Zayo to open first data center in the London metro area

Zayo announced plans to open its first data center in the London metro area, will add 30,000 total square feet and 3.6 megawatts (MW) of critical power.

The new data center, which will be located in Feltham, UK, is driven by a commitment from a major anchor tenant. It will add 30,000 total square feet and 3.6 megawatts (MW) of critical power.

“This new data center strengthens our commitment to the UK, providing customers with an excellent option for colocation and high-capacity fiber connectivity,” said TJ Karklins, senior vice president of Zayo's zColo business segment. “This facility will offer low-latency connectivity to Slough, city center, and even around central London for connection directly to France and the rest of Europe. We look forward to delivering high-compliance, network-neutral solutions from our growing European platform.”

Wednesday, April 11, 2018

Zayo to provide dark fiber ring in the Montreal for cloud company

Zayo will build a high-capacity dark fiber ring in the Montreal metro area to a global cloud provider. The project involves the extension of Zayo's existing dense network in Montreal and building a 60-kilometer ring for the anchor tenant along the South Shore, the city’s growing technology and data center hub. The name of the anchor tenant was not disclosed.

“This project enables us to further expand our Canadian footprint and deliver the high-performance communications infrastructure that this long-standing customer merits,” said Jack Waters, CTO and president of Fiber Solutions at Zayo. “We expect to capture the benefits of scale leveraging our dense Montreal footprint and these new success-based routes.”

Monday, April 2, 2018

Zayo wins fiber-to-the-tower contract with U.S. mobile operator

Zayo announced a contract with a major wireless carrier to supply fiber-to-the-tower (FTT) to new macro towers in 30 markets across 21 states. The name of the carrier was not disclosed.

Zayo said the contract is an expansion of a deal September 2016 -- Zayo's largest mobile infrastructure contract to date.

The new agreement pertains to macro towers. Under other contracts, Zayo is deploying small cell infrastructure for this customer. In many cases, these are full turnkey implementations, including RF design, site acquisition, permitting and installation of equipment

“This undertaking is the result of a trusted relationship with the customer,” said Dan Caruso, chairman and CEO of Zayo. “As they continue to densify to meet the growing demand for bandwidth, dark fiber provides the optimal long-term solution.”

Monday, March 26, 2018

Zayo supplies metro fiber in Paris to Interdata

Zayo announced a contract to supply approximately 50km of new fiber to Interdata, a systems and infrastructure integrator based in the Paris metropolitan area.

The solution includes two diverse, dark fiber rings connecting the company’s data centers in Paris and Nozay. Completion of the rings will enable Zayo to reach a large data center campus in France just south of Paris.

“The dark fiber will provide Interdata with dedicated, secure infrastructure with the performance and resilience they require,” said Annette Murphy, Zayo’s managing director of Europe. “Our reputation and extensive experience in deploying dark fiber is the reason Interdata chose Zayo for this major networking project.”

Zayo said it continues to invest in the European market having previously acquired AboveNet, Geo, Neo and Viatel.

Friday, February 23, 2018

Zayo to divest its Minnesota Local Exchange Carrier

Zayo Group will sell its Scott-Rice Telephone Co. business unit, a Minnesota ILEC (incumbent local exchange carrier), for $42 million to New Ulm Telecom, Inc.

Zayo acquired Scott-Rice Telephone as part of its March 2017 purchase of Electric Lightwave and has since managed it separately within its Allstream business segment. Scott-Rice Telephone serves residential and business customers in areas of Scott and Rice counties southwest of Minneapolis.

“This transaction represents further progress toward the separation of our Allstream business,” said Matt Steinfort, Zayo’s CFO. “It is consistent with Zayo’s strategic focus on communications infrastructure, and our goal of maximizing the value of our non-core assets.”

Wednesday, February 7, 2018

Zayo to open dark fiber route via Prineville, OR

Zayo announced plans for a new long haul dark fiber network between Reno, Nevada and Umatilla, Oregon -- a distance of 600 miles (1,000 km).

Zayo said the project is anchored by a webscale customer.

The route, which will be fully underground, connects the two cities via Prineville, Oregon.

“The new route completes a piece of the puzzle that the western U.S. needs to connect the dots between content companies’ core data center locations in a way no other carriers can provide,” said Jack Waters, CTO and president of Fiber Solutions at Zayo. “As more companies add data centers in Oregon and Nevada, Zayo is well positioned to provide them with high-capacity fiber infrastructure.”

Monday, January 29, 2018

Zayo to Acquire Neutral Path for midwest fiber routes

Zayo agreed to acquire Neutral Path Communications, a long haul infrastructure provider operating a fiber network in the Midwest.

The transaction will add 452 owned plus additional leased route miles to Zayo’s extensive North American network, including a unique, high-count fiber route from Minneapolis to Omaha. The assets are highly complementary to Zayo’s Midwestern long haul dark fiber footprint.

The deal was valued at $31.5 million.

Zayo said the acquisition enables it to sell multi-city dark fiber and fiber-based lit solutions from Minneapolis into Omaha, extending to Denver, Kansas City, Tulsa, Dallas, Des Moines, Chicago and other major markets.

“This is another example of executing on our ‘tuck-in’ strategy, acquiring companies that add strategic assets that we can leverage immediately,” said Jack Waters, CTO and president of Fiber Solutions at Zayo. “Based on expressed customer demand, we’re confident we will quickly be able to pursue the robust funnel of sales opportunities and grow the revenue base on these assets.”

Sunday, January 21, 2018

Zayo acquires Optic Zoo for fiber network in Vancouver

Zayo Group has acquired Vancouver-based Optic Zoo Networks for CAD $31 million.

Optic Zoo owns and operates high-capacity fiber in Vancouver, British Columbia and has achieved a significant penetration of customers, with a focus on the digital media sector. The network spans 103 route miles and 100 on-net buildings through the city.

Zayo said Optic Zoo is expected to generate CAD $1.9M in annualized EBITDA for the quarter ended March 31, 2018. Zayo expects to achieve approximately CAD $0.5M in annualized cost synergies by year-end 2018 after a relatively straightforward integration process.

Tuesday, December 12, 2017

Zayo to provide European Dark Fiber to Global Webscale Company

Zayo announced a major contract to provide a global webscale company (not named) with significant amounts of dark fiber in Europe. Financial terms were not disclosed.

The solution consists of more than 835 miles (1,350 kilometers) of long-haul dark fiber located on multiple strategic routes in the UK and France. The solution utilizes Zayo’s significant European assets acquired from Geo, Viatel, and AboveNet.


Thursday, November 30, 2017

Zayo provides US terrestrial fiber for New Cross Pacific cable

Zayo has been selected to provide a private dedicated network (PDN) for New Cross Pacific (NCP) US Backhaul group, comprised of Chunghwa Telecom, KT Corporation, China Telecom, China Mobile International and China Unicom.

Zayo's PDN will be used to backhaul traffic from NCP's U.S. landing station across the western United States.

The NCP subsea cable, which spans more than 13,000km (8,000 miles), will link Asian landing stations in Chongming, Nanhui, Lingang, Busan, Toucheng and Maruyama with its U.S. landing station in Hillsboro, Oregon. The NCP subsea cable is expected to land in the next few months, providing capacity that can scale up to 80 Tbps.

Zayo’s 4,300km (2,700 mile) backhaul solution will provide NCP’s US Backhaul group with connectivity from the landing station throughout the West Coast, including San Jose and Los Angeles, with connectivity options throughout North America. The PDN solution provides dark fiber as well as a full range of managed fiber solutions.

“This milestone agreement leverages our dense fiber connectivity across the west coast to cable landing stations and provides the group with a high-capacity solution that we can turn up quickly and efficiently,” said Jack Waters, CTO and president of Fiber Solutions at Zayo. “Zayo’s recent acquisition of Electric Lightwave this year has been pivotal, enabling Zayo to provide a high-capacity solution of this scope and scale.”

Monday, November 27, 2017

Zayo to acquire Spread Networks for $127 million

Zayo agreed to acquire Spread Networks for $127 million in cash.

Spread Networks is a privately-owned telecommunications provider that owns and operates a 825-mile, high-fiber count long-haul route connecting New York and Chicago. The company currently serves more than 60 customers. Of the 432 fibers available on the route, less than 25 percent are utilized today and the acquisition provides Zayo with overpull rights and additional conduit. The route connects 755 Secaucus Rd. in Secaucus, NJ and 1400 Federal Blvd. in Carteret, NJ to 350 Cermak Rd. in Chicago, IL, with additional connectivity enabled by Zayo’s existing network.

Zayo said the deal provides it with the lowest latency and most direct fiber route between New York and Chicago and additional physical path diversity. Zayo will use the acquired assets to provide a low-latency wavelength route from Seattle to New York.

“Spread constructed this route to provide the fastest possible speed on the shortest possible route,” said Jack Waters, CTO and president of Fiber Solutions at Zayo. “This asset is an outstanding complement to our existing network, providing customers with low-latency options to and from the country’s leading centers of finance and commerce. Given the relative simplicity of the business, this will be a straightforward integration with meaningful, near-term synergies.”

Spread Networks Cuts Chicago-New York Latency to 12.98 Milliseconds Roundtrip

Spread Networks  announced further performance improvements on its low-latency Chicago-to-NYC fiber route. Spread's flagship Ultra Low Latency Chicago-New York Dark Fiber service is now operational at a roundtrip latency of 12.98 milliseconds roundtrip, a 100 microsecond improvement from Spread's previous 13.1 millisecond offering.  

Spread's Ultra Low Latency Chicago-New York Wavelength service promises operational round-trip latency between Chicago and New York below 14.1 milliseconds roundtrip when it becomes operational on October 12th.  Spread said these latency improvements to the ULL Wavelength service follow up immediately upon its recent deployment of 100G technology on the same ULL Wavelength service. 

Thursday, November 16, 2017

MEF 3.0 - a Bigger Picture



MEF 3.0 is a milestone opportunity to build on the success of Carrier Ethernet to transform the industry, says Michael Strople, President, Enterprise Networks, Zayo Group; Chairman, MEF.

MEF 3.0 is a bigger idea because it incorporates networking, big bandwidth, and adds agile, assured, and orchestrated.  It broadens the expanse of MEF and will bring in a larger community.

See video:  https://youtu.be/8aZ4l9ttisw


Monday, November 6, 2017

Zayo posts $643.5 million of consolidated revenue, up 3% annually

Zayo reported $643.5 million of consolidated revenue for the first quarter of its fiscal 2018, including $515.8 million from the Communications Infrastructure segments and $127.7 million from the Allstream segment. Net income amounted to $23.2 million, including $11.5 million from the Communications Infrastructure segments and $11.7 million from the Allstream segment.

Some highlights:
  • As of September 30, 2017, the Company had $291.2 million of cash and $442.2 million available under its revolving credit facility.
  • Business at its Allstream unit continues to decline.
  • Fiber Solutions, Colocation fundamentals are strong; Transport, and Enterprise Networks lagging.
  • In Enterprise services, Ethernet is performing well, driven by connectivity between data centers and into cloud environments. Managed WAN is mixed, as legacy ELI and Allstream customers experiencing higher churn because of off-net & legacy MPLS.
  • Zayo continues to evaluate a potential conversion to an REIT structure.
  • The company is lowering its Dec17q EBITDA guidance.

Monday, October 23, 2017

Zayo diversifies fibre routes from Marseille

Zayo will diversify its fibre infrastucture in the south of France and will offer three fully diverse network routes out of Marseille.

Marseille serves as a strategic gateway and key aggregation point between Europe, Africa and Asia as well as connectivity for subsea cables AAE-1, SEA-ME-WE-5 and several others.

The first route, a low-latency route via Lyon that is fully operational and was announced last year, is available for both dark fiber and 100G wavelengths. The second dark fiber route traverses western France via Bordeaux. The third route connects to Strasbourg via Milan and onto Paris, Frankfurt, London, Amsterdam and other European markets. Zayo is deploying a coherent 100G wavelength system over the existing fiber, which is expected to be fully completed by the end of the year.

Zayo Completes Viatel Acquisition


Zayo completed its previously announced acquisition of Viatel for EUR 98.8 million.  The acquisition adds an 8,400 kilometer fiber network across eight countries to Zayo’s European footprint, including 12 new metro networks, seven data centers and connectivity to 81 on-net buildings. “The acquisition of Viatel’s European network business strengthens our strategic position in Europe and provides customers with access to our fiber network and...


Monday, September 25, 2017

Zayo to expand its data centre in Atlanta

Citing strong customer demand in Atlanta, including commitments from four large companies in diverse sectors, Zayo announced the expansion of its Atlanta data center presence with a new location.

The facility at 1150 White Street SW will add 72,100 total square feet and six megawatts (MW) of critical power, and is the company’s second data center in Atlanta. It is expected to be fully operational in early 2018, complementing Zayo’s facility located next door at 1100 White Street SW.

See also