Market Overview

Zayo Expands Relationship with Global Cloud Provider

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Customer to add dark fiber, wavelength upgrades to expand capacity,
diversity

Zayo Group Holdings, Inc. (NYSE:ZAYO) has expanded its relationship
with a global cloud provider, with major sales across multiple products
in the second calendar quarter. In order to bolster both capacity and
network diversity, the provider is expanding its long haul dark fiber
network and upgrading optical wavelengths capacity across the U.S.

The dark fiber solutions include leasing of multiple long haul dark
fiber routes, including fully redundant paths to meet growing diversity
requirements. The customer also selected Zayo to upgrade existing
wavelength routes from 10G to 100G in order to significantly increase
capacity. Zayo will also invest in additional metro network to connect
to the provider's data centers. In aggregate, the second calendar
quarter commitments represent Zayo's largest sales quarter with the
long-standing customer.

As cloud adoption has grown, providers require high-capacity diversity
at minimum and are moving to triversity or quadversity to ensure fully
reliable redundancy. Providers are also significantly increasing network
capacity between data centers.

"Earning this business is another vote of confidence from an important
customer," said Jack Waters, CTO and President of Fiber Solutions. "Over
the years, we have demonstrated our ability to meet stringent
requirements and timelines. As this provider grows and continues to
expand and bullet proof its infrastructure, we are now in a position to
be a trusted partner to them."

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
128,200-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 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.

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