Type Public Revenue $2 billion annualized CEO Dan Caruso (2007–) Founded 2007 | Traded as NYSE: ZAYO Number of employees 3,100 Founder Dan Caruso Parent organization ZAYO GROUP HOLDINGS, INC. | |
Industry Communications Infrastructure Services Fiber and bandwidth connectivity, colocation and cloud services Headquarters Boulder, Colorado, United States Subsidiaries AboveNet, Integra Telecom, MTS Allstream Profiles | ||
Zayo group global bandwidth infrastructure
Zayo Group is a publicly traded company headquartered in Boulder, Colorado, with European headquarters in London. The company provides communications infrastructure services, including fiber and bandwidth connectivity, colocation and cloud services. Zayo’s primary customer segments include data centers, wireless carriers, national carriers, ISPs, enterprises, and government agencies. Zayo Group was built largely through acquisitions; it took over thirty companies from 2007 to 2014, including AboveNet and 360networks. An initial public offering of stock raised $600 million in 2014.
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Dan caruso ceo of zayo group speaking at voices of experience
Founding and acquisition history
Zayo was founded in 2007 by Dan Caruso and John Scarano. In 2007, Zayo acquired Memphis Networx, VoicePipe, Onvoy Inc, PPL Telcom and Indiana Fiber Works. In 2008, Zayo acquired Columbia Fiber Solution, Adesta Communications assets, two sets of fiber assets from Citynet, two sets of fiber assets from Northwest Telephone, and CenturyTel Regional Markets. In 2009, Zayo acquired FiberNet Telcom Group, Inc. In 2010, Zayo acquired AGL Networks, American Fiber Systems, and Dolphini’s Cummins Station data center and colocation services. In 2011, Zayo acquired MarquisNet data center business in Las Vegas, and 360networks. In 2012 Zayo acquired AboveNet, FiberGate, Arialink, US Carrier Telecom, First Telecom Services, and Maryland-based Litecast/Balticore. In 2013 Zayo acquired Austin-based data center operator Core NAP, Access Communications, Midwest-based dark fiber operator FiberLink, and Corelink Data Centers. In 2014, Zayo acquired Dallas-based data center operator CoreXchange, Neo Telecoms, and Geo Networks. In 2015, the company acquired Latisys, IdeaTek Systems and Viatel. In 2016, Zayo acquired a new Dallas, TX data center from Stream Data Centers, Clearview International and Allstream, Canada's main facilities-based inter-exchange carrier which has its roots in the railway telegraph business CNCP Telecommunications. As of July 2016, Zayo has completed 39 acquisitions.
On June 13, 2014, Onvoy spun off from Zayo Group Holdings. On June 16, 2014, Onvoy LLC acquired the assets of Vitelity, a voice over IP provider based in Denver, Colorado. On September 3, 2015, Onvoy LLC acquired Broadvox Communications, a competitive local exchange carrier VoIP service provider for business telecommunications.
On November 30, 2016, Zayo Group Holdings Inc said it would buy smaller rival Electric Lightwave for $1.42 billion in cash to expand its fiber network on the U.S. West Coast.
Network and services
Zayo owns a fiber network that spans more than 114,500 route miles in North America and Europe. The network is connected to 25,263 buildings, including 1,060 data centers, 15,300 enterprise buildings, and 6,000 cellular towers. Zayo operates a Tier 1 IP network, with settlement-free peering with all other Tier 1 providers. Additionally, Zayo operates 62 colocation facilities with a combined footprint of 696,000 sq. ft. of sellable space. Zayo's services include dark fiber, wavelengths, SONET, Ethernet, IP services, colocation, wireless backhaul and small cells.