Zayo carves out European business to create standalone company

Zayo Group’s North American and European businesses are breaking up. But rest assured, the separation is nothing if not amicable. The company announced plans to make Zayo Europe, which operates a long-haul fiber network across eight countries, a standalone company. It’s also carving out a “very small part” of its business called Global Reach, said Andrés Irlando, Zayo Group president and COO. He said that Zayo’s Global Reach unit helps customers both in North America and Europe get “connectivity services in parts of the world that are not our core business.” In terms of route miles, Zayo’s European fiber network spans 2.2 million kilometers (~1.37 million miles), whereas the North American network is “significantly” bigger. Zayo in April unveiled a slew of infrastructure upgrades in the U.S., including an acquisition of a new long-haul dark fiber route connecting Washington, D.C. and Atlanta.