Zayo Completes Successful E-Rate Season
BOULDER, Colo.--(BUSINESS WIRE)--Apr 9, 2019--Dozens of school districts have selected Zayo Group Holdings, Inc. (NYSE: ZAYO) for E-Rate solutions during the first calendar quarter of 2019. The contracts include a range of dark fiber and lit fiber-based connectivity solutions to provide schools and libraries with high-speed connectivity.
Zayo’s 2019 E-Rate deals utilize more than 1,100 route miles of existing fiber network and include more than 800-route miles of new build in 11 states across the U.S. The new build will be leveraged for follow-on tenants, including small cell opportunities.
The districts are funding the upgrades through E-Rate, a federal program that subsidizes internet infrastructure for schools and libraries. High-speed internet is vital for digital curricula, which includes online educational resources and streaming media. Zayo works closely with school districts across the nation to deliver high-quality, fiber-based connectivity to replace or upgrade outdated technology.
“Zayo can provide school districts a full scope of solutions from dark fiber to traditional lit services,” said Jack Waters, president of Zayo Networks and COO. “Serving these schools is making a difference for thousands of students and teachers across the country.”
Zayo’s E-Rate business is just one of many growing sectors within the public, health and utilities mega vertical. As school districts are increasingly relying on communications infrastructure to enable 21st century learning, Zayo is well positioned to benefit from this demand because of its deep, dense fiber networks.
For more information about Zayo, 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 130,000-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/20190409005512/en/
Shannon Paulk, Corporate Communications
Brad Korch, Investor Relations
KEYWORD: UNITED STATES NORTH AMERICA COLORADO
INDUSTRY KEYWORD: EDUCATION PRIMARY/SECONDARY TECHNOLOGY INTERNET NETWORKS TELECOMMUNICATIONS
SOURCE: Zayo Group Holdings, Inc.
Copyright Business Wire 2019.
PUB: 04/09/2019 08:00 AM/DISC: 04/09/2019 08:01 AM