Zayo Marks 10,000 On-Net Building Milestone
One of North America's Largest Fiber Networks
Louisville, CO--(Marketwire) - Zayo Group announces its fiber optic network now extends to more than 10,000 buildings, a milestone reached after six years of organic growth and acquisitions. These locations span 45 states and Washington, D.C. in the United States and seven countries around the world. The network is the foundation for Zayo's Bandwidth Infrastructure business which has grown to $918M in annualized revenue and $490M in annualized Adjusted EBITDA1.
Customer-driven network expansion has played an important role in the growth of Zayo's network. This has included Fiber-to-the-Tower (FTT) deployments, dedicated financial services customer networks, regional education networks and connectivity to most of the country's key data centers and interconnection points with other carriers. Since its inception, Zayo has invested $446M in property, plant and equipment to extend its network and services for its customers.
"With over 10,000 connected buildings, Zayo's network is one of the most expansive fiber networks in the U.S. and Europe," states Glenn Russo, Executive VP at Zayo. "This reach allows us to deliver comprehensive solutions for our customers and provides a foundation to economically expand to many more locations over time."
Zayo has completed 22 acquisitions with its most recently announced acquisition of First Telecom Services expected to close by the end of 2012. In the second half of 2012, Zayo doubled its network with the July acquisition of AboveNet. Zayo further expanded its reach with the August acquisition of FiberGate and October acquisition of USCarrier. Zayo's network now covers 67,000 route miles with 4.7M miles of fiber in total.
For more information on Zayo, visit www.zayo.com.
1Based on Zayo reported financial results for the quarter ending September 2012
About Zayo Group
Based in Louisville, Colo., privately owned Zayo Group (www.zayo.com) is an international provider of fiber-based Bandwidth Infrastructure and network-neutral colocation and interconnection services. Zayo serves wireline and wireless carriers, data centers, Internet content and services companies, high bandwidth enterprises as well as federal, state and local government agencies. Zayo provides these services over regional, metro, national, international and fiber-to-the-tower networks. With the acquisitions of USCarrier, FiberGate and AboveNet, Zayo's network assets include approximately 67,000 route miles, covering 45 states and Washington, D.C. Additionally, Zayo has 136,000 billable square feet of colocation space and approximately 10,000 on-net buildings, including 500 data centers, 500 Points-of-Presence (POPs), and 2,600+ cell towers.
SOURCE: Zayo Group