Market Overview

Zayo Announces Largest Capacity Wavelengths Deal

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Zayo Group Holdings (NYSE:ZAYO) announces that it has signed a deal for the largest amount of capacity sold on any route in a single deal in the company's history. The deal will provide the customer with approximately 5 terabits (Tb) of capacity to connect key data centers.

"Our customers are no longer talking gigabits -- they're talking terabits on multiple diverse routes," said Julia Robin, senior vice president of Transport at Zayo. "Zayo's owned infrastructure, scalable capacity on unique routes and ability to turn up services quickly positions us to be the provider of choice for high-capacity infrastructure."

With the world's data consumption expected to grow to 175 zettabytes by 2025, demand for infrastructure capacity continues to accelerate. This trend is especially apparent among webscale, content and cloud providers that need diverse, high-capacity, highly reliable connectivity between their data centers. As a result, more are turning to dedicated, high-capacity wavelength solutions.

In addition to Zayo's world class long haul network, the company leverages its deep, dense fiber assets in almost all North American and Western European metro markets to deliver a premier metro wavelength offering. Increasingly, enterprises across multiple sectors including finance, retail, pharma and others, are leveraging this network for dedicated connectivity as they seek ways to have more control over their growing bandwidth needs.

Zayo's extensive wavelength network provides dedicated bandwidth to major data centers, carrier hotels, cable landing stations and enterprise locations across our long-haul and metro networks. Zayo continues to invest in the network, adding new routes and optronics to eliminate local stops, reduce the distance between essential markets and minimize regeneration points. Options include express, ultra-low and low-latency routes and private dedicated networks.

For more information on Zayo, please visit zayo.com.

About Zayo Group

Zayo Group Holdings, Inc. (NYSE:ZAYO) provides mission-critical bandwidth to the world's most impactful companies, fueling the innovations that are transforming our society. Zayo's 133,000-mile network in North America and Europe includes extensive metro connectivity to thousands of buildings and data centers. Zayo's communications infrastructure solutions include dark fiber, private data networks, wavelengths, Ethernet, dedicated internet access and data center colocation services. Zayo owns and operates a Tier 1 IP backbone and 51 carrier-neutral data centers. Through its CloudLink service, Zayo provides low-latency private connectivity that attaches enterprises to their public cloud environments. Zayo serves wireless and wireline carriers, media, tech, content, finance, healthcare and other large enterprises. 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 September 4, 2019. We disclaim and do not undertake any obligation to update or revise any forward-looking statements in this press release, except as required by applicable law or regulation.

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