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

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.”

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.


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