Multinational Bank Selects Zayo for Integrated Infrastructure Solution
BOULDER, Colo.--(BUSINESS WIRE)--Oct 5, 2018--A U.S.-based multinational bank has selected Zayo Group Holdings, Inc. (NYSE: ZAYO) for an integrated infrastructure solution. The solution, which includes dark fiber, colocation and wavelengths, will support the bank’s initiative to upgrade its national infrastructure.
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.
The trendlines for global banks and financial services companies reflect the move to fiber-based solutions for their bandwidth-intensive functions, including secure file sharing, large file transfers, business intelligence applications and data analysis. In this case, the bank is expanding its infrastructure, ensuring geographic diversity of its data centers and physical diversity of its network.
“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.”
The sale is an illustration of Zayo’s financial services vertical team deepening its relationships with existing customers in the sector.
For more information, please visit zayo.com.
About Zayo Group
Zayo Group Holdings, Inc. (NYSE: ZAYO) provides communications infrastructure solutions, including fiber and bandwidth connectivity, colocation and cloud infrastructure to the world’s leading businesses. Customers include wireless and wireline carriers, media and content companies and finance, healthcare and other large enterprises. Zayo’s 128,900-mile network in North America and Europe includes extensive metro connectivity to thousands of buildings and data centers. In addition to high-capacity dark fiber, wavelength, Ethernet and other connectivity solutions, Zayo offers colocation and cloud infrastructure in its carrier-neutral data centers. Zayo provides users with flexible, customized solutions and self-service through Tranzact, an innovative online platform for managing and purchasing bandwidth. For more information, visit zayo.com.
Forward Looking Statements
This press release contains a number of forward-looking statements. Words, and variations of words such as “believe,” “expect,” “plan,” “continue,” “will,” “should,” and similar expressions are intended to identify our forward-looking statements. No assurance can be given that future results expressed or implied by the forward-looking statements will be achieved and actual results may differ materially from those contemplated by the forward-looking statements. These forward-looking statements involve risks and uncertainties, many of which are beyond our control. For additional information on these and other factors that could affect our forward-looking statements, see our risk factors, as they may be amended from time to time, set forth in our filings with the SEC, including our 10-K dated August 24, 2018. We disclaim and do not undertake any obligation to update or revise any forward-looking statement in this press release, except as required by applicable law or regulation.
View source version on businesswire.com:https://www.businesswire.com/news/home/20181005005121/en/
CONTACT: Zayo Group Holdings, Inc.
Shannon Paulk, Corporate Communications
Brad Korch, Investor Relations
KEYWORD: UNITED STATES NORTH AMERICA COLORADO
INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT HARDWARE INTERNET NETWORKS SOFTWARE TELECOMMUNICATIONS SECURITY MOBILE/WIRELESS PROFESSIONAL SERVICES BANKING
SOURCE: Zayo Group Holdings, Inc.
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PUB: 10/05/2018 08:00 AM/DISC: 10/05/2018 08:01 AM