User:Dark fiber colo/sandbox

Headquartered in Louisville, Colorado, Zayo Group is a privately held, national provider of fiber-based Bandwidth Infrastructure and carrier-neutral colocation solutions. Zayo serves wireline and wireless carriers, data centers, Internet content and services companies, high bandwidth enterprises as well as federal, state and local government agencies. Zayo provides these services over regional, metro and fiber-to-the-tower networks. Zayo’s network assets include over 45,000 route miles, connecting 164 markets across 42 states plus Washington D.C. Additionally, Zayo has approximately 5,100 buildings and 2,250 cell towers on-net, and over 200,000 square feet of colocation space. Zayo’s primary customer segments include wireless, national carriers/ISPs and the public sector/enterprise. Zayo Group was established in 2007.

History
Zayo Group was founded in 2007 by Dan Caruso and John Scarano. The company raised $225 million in private equity financing from five equity investors in 2007 and it secured $128 million in equity financing in 2009. Since 2007, Zayo Group has acquired over 22 businesses, including: AboveNet, Adesta Communications assets, AGL Networks, American Fiber Systems, Arialink, CenturyTel markets, Citynet Fiber Network, Columbia Fiber Solutions, Dolphini, Fiber Works, FiberLink, FiberGate, FiberNet Telecom Group, Indiana Fiber Works, MarquisNet, Memphis Networx, Northwest Telephone, NTI, Onvoy, PPL Telcom, VoicePipe, and 360networks.

In March 2012, Zayo Group announced its pending 21st acquisition with White Plains, NY-based AboveNet in a definitive agreement under which Zayo will acquire AboveNet for approximately $2.2 billion. The agreement containts a 30-day "go-shop" provision, whereby AboveNet has the right to search for alternative proposals until April 17, 2012. Both company's boards of directors have approved the transaction, and the combination of the two companies will create a dense fiber-infrastructure footprint throughout North America and Europe. Upon acquiring AboveNet, Zayo will add 2,800 on-net fiber enabled buildings and 2.3 million worldwide fiber miles to its footprint. Zayo's investors Morgan Stanley Senior Funding, Inc. and Barclays remain financially supportive, and GTCR and Charlesback Capital Partners will continue their equity commitments. JP Morgan will act as lead financial advisor to AboveNet.

In June 2012, Zayo announced its pending 22nd acquisition with Washington D.C.-based FiberGate, Inc. in a deal that will add 130,000 fiber miles to Zayo's metro network in and around the nation's capital.

Financials
For the second Fiscal Quarter ending December 31, 2012, Zayo Group reported an Adjusted EBITDA of $45.1 million on revenue of $89.0 million, representing $180.4 million and $355.9 million of annualized Adjusted EBITDA and revenue, respectively. Its net earnings for the fiscal quarter were ($1.1) million. The company’s revenue of $89.0 million represented a $10.5 million or 54% annualized sequential quarter growth, and its Adjusted EBITDA was $7.1 million higher than the prior quarter, or a 75% annualized increase.

Company Structure
Zayo Group operates three autonomous business units: Zayo Bandwidth provides lit Bandwidth Infrastructure services, Zayo Colocation (zColo) provides colocation services and interconnect transport services and Zayo Fiber Solutions provides dark fiber-related services.

Zayo's Services
Zayo provides Bandwidth Infrastructure and carrier-neutral colocation and interconnection services, which are key components of telecommunications and Internet infrastructure services. Its Bandwidth Infrastructure services are provided over regional and metropolitan fiber networks, enabling the transport of data, voice, video, and Internet traffic, as well as network interconnection. Zayo’s fiber networks span more than 45,000 route miles, serve 164 geographic markets in the United States, and connect to over 5,100 buildings, including more than 2,200 on-net cellular towers. Zayo’s services are primarily used by wireless service providers, carriers and other communications service providers, media and content companies, and other bandwidth-intensive enterprises. Its carrier-neutral colocation and interconnection services facilitate the exchange of voice, video, data and Internet traffic between multiple third-party networks. Zayo currently manages more than 2,600 interconnections.

Services Summary
Dark Fiber Wavelengths Private Line/SONET Ethernet Dedicated Internet Access (DIA) Colocation

Market
A January 2008 analyst report estimates that the U.S. Internet of 2015 will be at least 50 times larger than it was in 2006. It states that an exaflood of Internet and IP traffic will swell as a result of YouTube, IPTV, high-definition images, cloud computing, ubiquitous mobile cameras, 3D games, virtual worlds, and photorealistic telepresence. The report indicates that Internet growth at these levels will require a dramatic expansion of bandwidth, storage, and traffic management capabilities in core, edge, metro, and access networks.

2011
Zayo Group was included in the Denver Business Journal's list of the Fastest Growing Private Companies