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

Wednesday, November 7, 2018

Zayo to split in two: Infrastructure and Enterprise Services

Zayo Group announced it plans to separate into two publicly traded companies: one to focus on providing core communications infrastructure and another to leverage infrastructure to provide solutions for a broad set of enterprise customers.

Zayo Infrastructure, “InfraCo,” will be comprised of the current Fiber Solutions and zColo business segments, along with the Wavelength and IP Transit businesses of Zayo’s current Transport segment. It will own and operate Zayo’s Tier One IP backbone as well as the Media Networks platform that serves its strategic video customers. Zayo’s 130,000-mile network in North America and Europe includes extensive metro connectivity to thousands of buildings and data centers. Dan Caruso, Zayo’s chairman and chief executive officer, will lead InfraCo.

Zayo expects InfraCo to be the leading North American and European communications infrastructure asset, with an international fiber footprint and unparalleled metro and regional density. The company also said InfraCo will have a clearer and more compelling path to REIT conversion given strong industry precedents. InfraCo will continue to be led by

EnterpriseCo will be comprised of the current Enterprise Networks and Allstream segments, along with the SONET and Ethernet businesses of Zayo’s current Transport segment. A long-term relationship with InfraCo will provide certainty on network access and cost. EnterpriseCo will consist of two business units, an Enterprise Division and a Carrier Division. The Enterprise Division will focus on the direct-to-enterprise business and will include solutions centered on SD-WAN, IP VPN, and Unified Communications. This division will provide high-bandwidth solutions to a large, well-diversified customer base that includes over 50,000 enterprises. The Carrier Division will focus on wholesale services to carriers which enable them to serve their enterprise customers, including Carrier Ethernet, Wholesale Voice, and SONET. EnterpriseCo will be led by newly named COO Mike Strople, current president of Zayo’s Allstream Segment, and Tyler Coates, SVP of Zayo’s existing Enterprise Segment.

“Today’s announcement is the logical next step in the evolution of Zayo,” said Dan Caruso, chairman and CEO of Zayo. “While Zayo’s business today is organized as five autonomous segments, the complexities of these businesses have made it more difficult to achieve our growth objectives. By completely separating the infrastructure and enterprise businesses, we will enable more focused execution within each business, leading to enhanced growth and unlocking value.”

Separately, Zayo reported consolidated revenue of $641.1 million for its first quarter of 2019, ended 30-September-2018, including $536.1 million from the Communications Infrastructure segments and $105.0 million from the Allstream segment. Net income was $22.1 million, including $25.5 million from the Communications Infrastructure segments and a net loss of $3.4 million from the Allstream segment.

Sunday, November 4, 2018

Zayo adds Long Haul Fiber Routes

Zayo disclosed plans for two new unique, low-latency long haul dark fiber networks from Columbus, Ohio to Ashburn, Virginia and Dallas, Texas to Atlanta, Georgia.

The company said the expansion is backed by a signed customer commitment and that it saw the opportunity for additional strategic customers looking for wavelength and fiber connectivity between these cities.

The Columbus to Ashburn network expansion, which will traverse West Virginia and bypas major regional congestion points, will add approximately 400 route miles of high-capacity fiber and is expected to provide the lowest latency between the two cities.

The 870-mile Dallas to Atlanta route will connect these two key metro markets with the most direct, lowest latency route to date.

“To meet continued demand for dark fiber, we are building unique new routes between strategic markets,” said Jack Waters, CTO and president of Fiber Solutions at Zayo. “These expansions will provide superior options for direct, high-capacity, latency-sensitive paths connecting data and population centers to cloud platforms and end users.”

Monday, October 22, 2018

U.S. retailer buys 10G and 100G wavelengths from Zayo

Zayo announced a contract with a major retailer to connect its core and edge data centers across the U.S. with fully diverse 10G and 100G wavelengths. Financial terms were not disclsoed.

“Retail is in an exciting transformation, and Zayo is well positioned to help the customer achieve its goal of fast delivery to key locations and data centers across the country,” said Randy Dunbar, president of Transport at Zayo. “Our extensive network, flexibility in designing the network and high level of personal engagement were key in winning this business.”

Sunday, October 14, 2018

Zayo continues building metro fiber networks in Europe

Citing demand from hyperscale, cloud and data center providers as well as enterprise customers, Zayo announced expansions of its fiber networks in four European markets, including London, Paris, Dublin and Amsterdam.

“These success-based network expansions will drive greater value for existing and new customers in Europe, with a focus on carriers and wireless operators, cloud service providers, technology, financial services and data-driven enterprises,” said Annette Murphy, managing director, Zayo Europe. “We continue to focus on leveraging our robust network, meeting the demand for the highest capacity, lowest latency fiber routes between key customer locations.”

Highlights:

  • In London, Zayo is building a new fiber route from Hatfield, Hertfordshire to Stratford, East London, as part of a strategic ring outside of the city. The new route provides a new option for long haul routes from Dublin to Amsterdam and enhanced diversity for data center customers in Enfield. 
  • In Paris, Zayo is expanding its fiber footprint in La Defense, where it currently serves dozens of customers located there over its high-capacity fiber network. 
  • In Dublin, a multinational company has selected Zayo for a fully diverse dark fiber ring around the metro area. The high-fiber count solution will significantly improve latency for the customer, with the potential for follow-on sales to many companies that have a presence in Dublin or are considering investment and relocation in Ireland. The new routes complement Zayo’s existing T50 fiber network in Dublin.
  • In Amsterdam, Zayo is upgrading and expanding its fiber network between Schiphol-Rijk and the Amsterdam Science Park. The park is among Europe’s largest centers of science, research and innovation and home to multiple data centers. The upgrade is driven by a data center operator based in the Schiphol-Rijk data center campus.


Sunday, October 7, 2018

U.S bank signs Zayo for dark fiber, wavelengths, colo

Zayo announced a contract to provide a U.S.-based multinational bank with dark fiber, colocation and wavelengths.

Zayo said the colocation solution at a zColo data center in the western U.S. will serve as an interconnection hub for the customer. Dark fiber routes from the data center, over existing Zayo network, will connect to the bank’s core data centers in the area. In addition, a high-capacity wavelength solution will also be deployed, providing long-haul connectivity between nine markets across the U.S.

“Zayo’s unique ability to bring together all aspects of a North American infrastructure solution, including dark fiber, data centers and high-capacity, diverse wavelengths, was a deciding factor in this win,” said Randy Dunbar, president of Transport at Zayo. “The solution delivers all the baseline components providing the ability for the bank to continue to scale their network across a broad geography.”

Sunday, September 30, 2018

Zayo to supply high-bandwidth IP to Mexican carrier

Zayo announced a contract to provide a high-bandwidth IP solution to a leading Mexican carrier. The solution will facilitate interconnection to U.S.-based content, gaming and webscale companies via Zayo’s data center at 1950 N. Stemmons in Dallas.

Zayo operates a Tier 1 IP backbone delivering IP solutions in North American and European data centers and Internet exchange points.

“We continue to see growing demand from global carriers for interconnection, and we are leveraging our international experience to make inroads in strategic markets,” said Randy Dunbar, president of Transport at Zayo. “This transaction is a success story of flexibility and agility, underscoring our commitment to global customers. In addition to this IP solution, we are providing the platform for this carrier to connect to major markets that Zayo serves.”

Sunday, September 16, 2018

Zayo wins another dark fiber contract in Europe

Zayo announced that aan international carrier has selected it for a pan-European dark fiber backbone. The name of the customer was not disclosed.

Zayo said this dark fiber project includes a nearly 3,500 route-mile network with dozens of ILA stations, connecting four major European markets. It leverages Zayo’s in-place network in the U.K. and Western Europe. The solution supports the carrier’s European expansion, providing capacity and latency advantages.

The carrier connects to Zayo’s network via subsea cables in Marseille, a strategic gateway and intercontinental aggregation point. Zayo provides diverse fiber routes from Marseille that connect to Paris, Frankfurt, London and other European markets.

Wednesday, August 22, 2018

Zayo posts revenue of $657.7 million in revenue, up 5% yoy

Zayo Group reported $657.6 million in consolidated revenue for its fourth quarter ended June 30, 2018, and net income of $43.8 million, including $30.6 million from the Communications Infrastructure segments and a net income of $13.2 million from its Allstream segment.

Fourth quarter operating income increased $14.9 million and net income increased by $20.4 million over the previous quarter. Basic and diluted net income per share during the quarter was $0.18.

Capital expenditures during the quarter amounted to $208.0 million.

Zayo also noted that it completed the first phase of its investigation on the advisability and feasibility of a conversion to a real estate investment trust (REIT) for U.S. federal income tax purposes.



Zayo supplies multiple 100G routes to global carrier

Zayo announced a contract to provide multiple 100G wavelengths to an international telecom carrier to connect its new point of presences (PoPs) in North America. The name of the carrier customer was not disclosed.

Zayo's solution, which also includes multiple 10G routes, is part of the customer's global 100G upgrade to support its cloud connectivity platform.

"This deal represents an excellent opportunity to expand a relationship with an important customer that is aggressively expanding its business,” said Randy Dunbar, president of Transport at Zayo. “Zayo earned this business by providing a superior technical design, physical path diversity and a high level of engagement with the customer’s team.”

Thursday, August 9, 2018

Zayo activates Los Angeles to Dallas LH route

Zayo completed a long haul dark fiber route between Los Angeles and Dallas. The route complements Zayo’s existing long haul network, enabling diverse connectivity between major West Coast data center markets to Dallas, one of the largest data center and interconnection markets in the U.S.

Zayo plans to activate 100G wavelength service later this month, along with its full range of high-performance connectivity solutions. Zayo secured an anchor tenant and began development of the 2,000-mile route in 2015, which included upgrades and new construction. Since construction began, Zayo has secured multiple additional dark fiber and wavelengths anchor tenants on the route, supporting return on investment for the strategic project.

“Zayo is committed to success-based investments in our network, and this expansion will help meet the high-bandwidth demands across many industries,” said Jack Waters, CTO and president of Fiber Solutions at Zayo. “We continue to collaborate with key customers and construct critical strategic routes to ensure the availability of high-performance fiber and infrastructure.”

Saturday, July 28, 2018

Global cloud provider upgrades with dark fiber and 100G from Zayo

Zayo announced that a global cloud provider customer has selected it to expand its long-haul dark fiber network and to upgrade optical wavelength capacity across the U.S.  Zayo did not disclose the name of the cloud company but said the plan represents an expansion of its existing relationship.

The dark fiber solutions include leasing of multiple long-haul dark fiber routes, including fully redundant paths to meet growing diversity requirements. The customer also selected Zayo to upgrade existing wavelength routes from 10G to 100G in order to significantly increase capacity. Zayo will also invest in additional metro network to connect to the provider’s data centers. In aggregate, the second calendar quarter commitments represent Zayo’s largest sales quarter with the long-standing customer.

“Earning this business is another vote of confidence from an important customer,” said Jack Waters, CTO and President of Fiber Solutions. “Over the years, we have demonstrated our ability to meet stringent requirements and timelines. As this provider grows and continues to expand and bullet proof its infrastructure, we are now in a position to be a trusted partner to them.”

Friday, July 20, 2018

Zayo signs cloud provider for One Wishire data center

A global cloud provider is leasing space at Zayo’s One Wilshire data center location in Los Angeles, bringing the occupancy rate to more than 60 percent since the opening of the data center last fall. Zayo will provide colocation, dark fiber and lit solutions for the cloud company.

The One Wilshire location is Zayo’s preeminent point of connectivity between North America and Asia Pacific. Tenants are able to connect to over 240 carriers within the building, along with nearly 110 cloud and IT service providers.

“Our unique combination of interconnection-rich colocation and extensive connectivity options were key factors in significantly expanding our business with this customer,” said Marcus Anderson, general manager, Zayo Colocation. “Our infrastructure ensures that the tenant has the performance needed to process, move and store growing volumes of data for its customers.”

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.”

See also