BOULDER, COLO.--(BUSINESS WIRE)--
Consolidated Smart Systems, one of the largest private broadband providers in California, has selected Zayo Group Holdings, Inc. (NYSE: ZAYO) for a dark fiber solution to enhance and expand their broadband service capabilities to multiple dwelling unit (MDU) communities in Southern California. The deal will expand Zayo’s existing fiber footprint in the Los Angeles metro area, bringing it within proximity of several high-profile clients and additional prospects.
The solution consists of approximately 190 miles of dark fiber, which includes existing network and new build. Zayo will manage the infrastructure, providing a private dedicated network (PDN) that will start with 10G Ethernet services to each location. The network will enable Consolidated Smart Systems to provide gigabit service at a highly competitive price point. In total, Zayo will enable Consolidated Smart Systems to provide its portfolio with high-performance, “always on” internet.
“High-speed internet is one of the differentiating amenities for residents,” said Dan Terheggen, CEO at Consolidated Smart Systems. “Zayo’s flexible solution will enable us to offer high-performance broadband for current residents and provide the infrastructure to scale. No one in California will be able to match our speed and price. We are excited to work with Zayo and look forward to the relationship growing over the next few years.”
“We are able to offer Consolidated Smart Systems the benefits of both a lit network to meet their short-term needs and dark fiber, which includes nearly unlimited bandwidth and provides the ability to scale meet longer-term needs,” said Jack Waters, CTO and president of Fiber Solutions at Zayo. “As a communications infrastructure provider, this solution is designed and priced to provide benefits to Consolidated Smart Systems that traditional telecommunications companies simply cannot offer.”
About Consolidated Smart Systems
Consolidated Smart Systems has over fifty years of providing service to the MDU industry with the reputation of being an industry innovator and leader in California and Arizona. Consolidated prides itself in providing its customers and communities with the very best in High Speed Internet, Telephone and Video services, visit consolidatedsmart.com.
About Zayo Group
Zayo Group Holdings, Inc. (NYSE: ZAYO) provides communications infrastructure services, including fiber and bandwidth connectivity, colocation and cloud infrastructure, 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 122,000-mile network in North America 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 infrastructure 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 10-K dated August 25, 2016. 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.
Copyright Business Wire 2017