Zayo chosen by Pico for low-latency global backbone network

Zayo Group Holdings, Inc. (NYSE: ZAYO) says that financial infrastructure services provider Pico has chosen it for a low-latency global backbone network. The network was designed with two diverse rings to connect Pico's key financial markets in the U.S., Europe, and Asia, with fully diverse subsea and terrestrial systems, and cable landing stations.

Zayo Group Holdings, Inc. (NYSE: ZAYO) says that financial infrastructure services provider Pico has chosen it for a low-latency global backbone network. The network was designed with two diverse rings to connect Pico's key financial markets in the U.S., Europe, and Asia, with fully diverse subsea and terrestrial systems, and cable landing stations.

According to Zayo, the primary ring delivers enhanced low latency, and the secondary ring delivers what Zayo describes as "the next best available latency," while maintaining 100% physical diversity. The network will leverage Zayo's infrastructure in North America and Europe, and its global reach relationships with international network providers. Zayo is supporting both global rings for the backbone, and providing diverse connectivity to South Africa for Pico to link the region back to main European financial centers.

"Zayo's solution delivers high-performance, low-latency wavelengths across multiple vendor networks," said Andrew Crouch, Zayo's president and COO. "Pico's financial and trading clients will be able to depend on a fast, reliable network from all of their international hubs. It's another example of our ability to support multinational customers with innovative, integrated solutions to meet their needs."

Zayo says this service is part of an ongoing initiative to extend its global reach, enabling worldwide connectivity to over 1,100 data centerswith expanded points of presence (PoP) and partnerships. In July 2017, Zayo announced that it would provide wavelength services to a global cloud service provider, but declined to name the service provider (see "Zayo to provide wavelength services to global cloud service company for U.S. data centers").

Last month, Zayo announced that an unidentified global webscale cloud provider had chosen it to deliver high-capacity wavelength connectivity between a centrally located U.S. facility and a key data center on the West Coast (see "Zayo chosen by global webscale cloud provider for high-capacity connectivity").

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