Zayo Bandwidth Commits $65M To 2010 Network Expansion

December 3, 2009

Louisville, CO /PRNewswire/ -- Zayo Bandwidth, a regional provider of fiber-based bandwidth infrastructure solutions for carrier, enterprise and government customers, announced today that it has committed $65 million in its capital expenditure program for FY 2010. Allocated funds will be used for the expansion of Zayo's fiber networks and service capabilities in support of customer driven solutions.

"While many bandwidth and infrastructure providers are cutting spending, we feel fortunate to have investor commitment to continue our rapid organic growth while at the same time supporting our customers' growing bandwidth requirements," stated Christopher Morley, CFO for Zayo Bandwidth.

Zayo spent $45 million in FY 2009 on network expansion and added over 400 buildings across its dense fiber footprint. 75% of that capital expense was deployed in direct support of customer bandwidth requirements.

Zayo's new capital program will ensure that it can continue to add strategic buildings and extend network capabilities for its customers in the coming year. Expansion is anticipated in: Tier 3-5 markets, Wireless Towers and Mobile Switching Centers, Mission Critical Data Centers, and Media Hubs to enable transport connectivity back to major carrier hubs and internet backbone on-ramps in major metro areas for customers across the U.S.

About Zayo Bandwidth
Zayo Bandwidth, a wholly owned subsidiary of Zayo Group, owns and operates fiber optic networks totaling almost 19,000 fiber route miles. Zayo Bandwidth (www.zayo.com/bandwidth) offers services in 131 markets spanning 23 states. Zayo Bandwidth's mission is to provide responsive bandwidth infrastructure solutions and a strong and growing network.

About Zayo Group
Based in Louisville, Colo., Zayo Group (www.zayo.com) operates four business units, including Zayo Bandwidth, zColo, Zayo Enterprise Networks and Onvoy Voice Services, and primarily provides telecom infrastructure services to carriers, wireless service providers, Media, CATV, Internet and other bandwidth intensive businesses. Telecom infrastructure services, including bandwidth infrastructure and neutral colocation are provided on Zayo's ~20,000 route mile fiber and neutral collocation network that spans 131 markets and 23 states. For various Group updates, follow Zayo on Twitter: ZayoGroup.

SOURCE Zayo Group