Zayo Group said that it has been selected by a major U.S. carrier for dark fiber network that will enable the customer to significantly expand its service area. The network leverages both Zayo’s existing long haul fiber network and previously announced routes that are under construction.
The carrier will utilize 3,200 route miles from Zayo, connecting nine markets and crossing eight states. By leveraging the network that is largely in place, Zayo expects to generate a strong IRR and unlevered cash flow from the deal.
Zayo said that its North American long haul dark fiber network which includes approximately 29,000 route miles, addresses the needs of carrier, content, enterprise and public-sector organizations for high-capacity communications infrastructure.
Randy Brogle, vice president of Long Haul Dark Fiber at Zayo
Zayo’s dark fiber backbone will enable the customer to expand its footprint and provide high-bandwidth services to consumer and business customers. Dark fiber is an ideal solution for carriers that want to expand their network presence and effectively support future capacity requirements.
