Zayo taps former Verizon consumer leader Sampath as next CEO

The telecom veteran will lead the service provider’s next phase of AI-related and enterprise growth; Steve Smith will remain on the Board following retirement.

Key Highlights

  • Sowmyanarayan Sampath, former Verizon executive, will become Zayo’s CEO on September 1, 2026, bringing two decades of telecom experience.
  • Under Steve Smith’s leadership, Zayo tripled its fiber expansion, adding over 15,000 route miles and acquiring Crown Castle’s Fiber Solutions Business, significantly boosting its network assets.
  • Sampath’s appointment aims to accelerate Zayo’s growth in high-capacity connectivity, especially for AI workloads, distributed applications, and hyperscale environments.
  • Smith will remain on Zayo’s Board of Directors until August 31, 2026, ensuring a smooth leadership transition and continuity for stakeholders.
  • Zayo’s extensive network, including 133,000 miles across North America and Europe, positions it as a leader in fiber-lit buildings and wavelength services, with growth expected to shake up industry rankings.

Zayo has begun the next chapter of its network growth story, naming former Verizon executive Sowmyanarayan Sampath as CEO. 

Set to begin his role as Zayo’s CEO on September 1, Sampath will succeed Steve Smith, who is retiring from the company. Smith will continue to serve as a member of Zayo’s Board of Directors.

Sampath comes to Zayo with plenty of experience overseeing large-scale networking platforms. He has two decades of telecom and digital experience, most recently serving as CEO of Verizon Consumer, and previously leading Verizon Business and BCG’s global telecom practice for carriers worldwide. He left Verizon earlier this year.

Zayo said that his background in leading multi-billion-dollar enterprise and wholesale businesses through transformation and rapid technology shifts positions him to accelerate Zayo’s commercial execution, scale for the demands of AI-driven growth, and meet rising demand for high-capacity connectivity.

Kevin Turner, Chairman of Zayo’s Board of Directors, said: “Sampath’s track record of scaling complex networks and driving enterprise revenue makes him the right leader to maximize the potential from Zayo’s market-leading assets.”

Time of growth, expansion

Sampath takes over the reins of Zayo at a time of growth and expansion.

Smith, who became Zayo’s CEO in 2020 when he succeeded founder Dan Caruso, transformed the service provider, built through a mix of organic network expansion and acquisitions of key assets, into one of the largest independent network operators serving AI and enterprise customers throughout the U.S.

He advanced deeper integration, automation, internal AI adoption, network service excellence, and disciplined capital allocation while accelerating Zayo’s network expansion. During his time as CEO, Zayo more than tripled its planned fiber expansion, with projects now spanning more than 15,000 route miles.

One of his most recent accomplishments was the company’s completion of its acquisition of Crown Castle’s Fiber Solutions Business, adding approximately 90,000 route miles and 40,000 on-net enterprise locations. The Crown Castle Fiber deal is significant in that it will enhance its position on two key fronts: expanding its optical wavelength service portfolio to reach more sites and increasing its U.S. fiber-lit building count.

By acquiring Crown Castle’s fiber solutions assets, Zayo added approximately 90,000 route miles and 40,000 on-net enterprise locations to its network.

Having built out a 133,000-mile network in North America and Europe, which includes extensive metro connectivity to thousands of buildings and data centers, Zayo’s efforts earned it prominent positions on Vertical Systems Group’s 2025 U.S. Fiber Lit Buildings and Wavelength Services LEADERBOARD. The company’s completed Crown Castle deal will likely shake up the rankings on these leaderboards as well as its Ethernet service standing.

Sampath noted that Zayo has an opportunity to leverage and extend its network capabilities to meet growing AI needs.

"As AI workloads, distributed applications, dense GPU clusters, and hyperscale environments change where capacity is needed, and as large enterprises manage increasingly complex connectivity needs, the network is the ultimate constraint, and Zayo is built to solve this,” said Sampath. “We already connect more data centers in the U.S. than anyone else, and that is increasingly important as AI companies and large enterprises look for the scale, reach, and performance AI-driven infrastructure requires.”

A transition process

While Smith is retiring as CEO, he will continue to serve on Zayo’s Board of Directors.

Smith will remain in his role until August 31, 2026. Sampath will assume the role of CEO on September 1, 2026.

During the transition period, Smith and Sampath will work closely with Zayo’s Board of Directors and leadership team to ensure continuity for customers and stakeholders.

Smith said that he is “confident he is the right leader for Zayo's next chapter, and I look forward to supporting him and the entire organization as a member of the Board.”

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About the Author

Sean Buckley

Sean is responsible for establishing and executing the editorial strategy of Lightwave across its website, email newsletters, events, and other information products.

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