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Zayo Achieves Small Cell Milestone

11.06.15

Company leveraging FTT network footprint for small cell sites, generating strong cash flow yields

BOULDER, Colo.--(BUSINESS WIRE)-- Zayo Group Holdings, Inc. (NYSE: ZAYO) today announced that it now has 1,200 small cell nodes, including those under construction, connected to its network. The milestone comes less than two years after Zayo entered the small cell market as a strategic extension of its fiber-to-the-tower (FTT) business.

As wireless carriers seek to boost their network capacity to keep up with exploding customer demand for bandwidth, especially in dense metro areas, they are increasingly relying on small cell technology. Fiber is the preferred transport solution for small cells, as it is for traditional macro cells, and Zayo’s dense metro fiber networks provide an ideal platform for serving small cells. For Zayo, the trend has resulted in 260 percent growth in small cells over the past year, and an average cash flow yield of 15 percent across all small cell sales.

“Zayo’s small cell solutions leverage our extensive dark fiber network that is in place or under construction,” said Dave Jones, Zayo senior vice president, Mobile Infrastructure. “The growth in this line of business is another example of our ability to fully leverage our assets, execution capabilities and capital to drive follow-on sales.”

Zayo’s small cell solutions include fiber backhaul and fronthaul, as well as full turnkey implementation, including RF design, site acquisition, permitting and installation of equipment. The company’s FTT network, which addresses wireless carriers’ requirements for scalable, high-capacity infrastructure, now includes approximately 8,000 towers nationwide.

“As the wireless industry increases the pace of small cell deployment, we expect to see continued double digit growth,” said Matt Erickson, co-COO at Zayo. “Zayo is well positioned, especially in large metropolitan areas, to provide small cell service. Each of these small cells currently serves one tenant; we are able to achieve the 15 percent yield given the depth and expansiveness of our existing metropolitan networks.”

About Zayo Group

Zayo Group Holdings, Inc. (NYSE: ZAYO) provides bandwidth infrastructure services, including fiber and bandwidth connectivity, colocation and cloud services 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 85,500-mile network in the U.S. 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 services in its carrier-neutral data centers. Zayo provides clients with flexible, customized solutions and self-service through Tranzact, an innovative online platform for managing and purchasing bandwidth and services. 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 final prospectus dated March 13, 2015. 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.

Zayo Group Holdings, Inc.
Media
Shannon Paulk, 303-577-5897
shannon.paulk@zayo.com
or
Investor Relations
Scott Reardon, 303-381-3284
scott.reardon@zayo.com

Source: Zayo Group Holdings, Inc.

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