Zayo to connect 1,800 mobile sites across U.S.

Zayo Group Holdings, Inc. (NYSE: ZAYO) says it has received a contract to upgrade and expand a customer's fiber-to-the-tower (FTT) network. The award includes the delivery of dark fiber to more than 1,800 cell sites in 26 markets across the U.S. Zayo did not identify the customer.

Zayo Group Holdings, Inc. (NYSE: ZAYO) says it has received a contract to upgrade and expand a customer's fiber-to-the-tower (FTT) network. The award includes the delivery of dark fiber to more than 1,800 cell sites in 26 markets across the U.S. Zayo did not identify the customer.

The FTT fiber-optic network roll out will leverage Zayo's existing FTT infrastructure in 20 of the targeted markets. It also represents follow-on sales to in-progress Zayo's network expansions in certain of the markets. Zayo will introduce FTT in six markets by leveraging existing metro dark fiber.

"Close collaboration between Zayo and our customer resulted in a solution that achieved a low price per site for our customer and strong financial outcome for Zayo," said Dan Caruso, chairman and CEO of Zayo. "Zayo believes the opportunity in these markets is far greater than the scope of this initial award, and the buildout will provide the scaffolding for serving broader requirements in the coming years."

Zayo says the award will lead its FTT network links to surpass an estimated 10,000 cell sites nationwide, including those under construction.

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