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Multinational Bank Selects Zayo for Wavelength SolutionA leading multinational bank has selected Zayo Group (News - Alert) Holdings, Inc. (NYSE: ZAYO) for a private wavelength solution on dedicated fiber. The 100G-enabled network will connect several of the bank's core data centers located in the UK. This flagship solution, which will serve as the bank's primary network, fully leverages existing network, including assets from acquisitions and success-based builds. Capital expenditure for the project is largely limited to network components. The trendlines for global banks and financial services companies reflect the move to fiber-based solutions for their bandwidth-intensive functions, including file sharing, large file transfers, business intelligence applications and data analysis. In this case, the bank is consolidating and streamlining its network for additional capacity and efficiency. "Zayo's extremely dense, resilient and high-performance UK fiber network coupled with our transparency and flexibility in dealing with the customer were the deciding factors in this win," said Annette Murphy, Zayo's managing director of Europe. "The solution delivers all the baseline components providing the ability to easily scale, upgrade or extend this network in the UK, Europe and beyond, in support of the customer's current and future requirements." The sale is an illustration of the effectiveness of Zayo's go-to-market strategy for the Finance and Professional Services vertical. /p>
About Zayo Group Zayo Group Holdings, Inc. (NYSE: ZAYO) provides communications infrastructure services, 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 126,000-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 clients with flexible, customized solutions and self-service through Tranzact, an innovative online platform for managing and purchasing bandwidth and services. 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 (News - Alert), including our 10-K dated August 22, 2017. 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: http://www.businesswire.com/news/home/20180122005297/en/ |
