BOULDER, Colo.--(BUSINESS WIRE)--zColo, the data center and colocation business of Zayo Group Holdings, Inc. (NYSE: ZAYO), today announced the expansion of its Miami data center, with plans to double its capacity by early 2016. Through the Miami facility, zColo provides colocation and interconnection services for some of Zayo’s largest customers, including top content and gaming providers. The data center is nearing capacity after 18 months of operations and has been a key source of growth for the zColo business. Based on contracted revenue from bookings to date, zColo has achieved a greater than 35 percent unlevered return on its initial Miami facility investment.
Zayo developed the center as a key interconnection hub, partnering with Netflix and Host.net to form the Florida Internet Exchange (FL-IX). This new exchange allows content providers, ISPs and enterprises to exchange traffic in an open and transparent environment. FL-IX connectivity is provided through Zayo’s Miami data center and provides an important part of the interconnection ecosystem.
“Customers have embraced this new data center with the extensive interconnection capability we have built,” said Stephanie Copeland, president of Zayo’s zColo. “This is evidenced by the support of key anchor customers out of the gate, plus strong follow-on demand in the short period since. Miami is a vibrant and growing market, and an important Latin American gateway for many companies. We have provided a differentiated option in the market.”
Located in downtown Miami, the zColo facility provides access to Zayo’s extensive fiber network in the U.S. and Europe and its full suite of bandwidth solutions, including dark fiber, wavelengths, Ethernet and IP. The data center also offers interconnections to 15 major carriers, as well as a virtual extended presence in the NAP of the Americas data center.
Zayo’s zColo U.S. footprint totals 36 facilities and more than 480,000 square feet of billable space.
For more information on Zayo’s data centers, please visit zayo.com/services/colocation.
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 84,000-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.
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.