Zayo Group officially announced the successful closing of its acquisition of Crown Castle’s Fiber Solutions business. This transaction significantly expands Zayo’s metro fiber footprint and enterprise reach across key U.S. markets. The deal strengthens the Digital Infrastructure backbone needed for the next wave of AI growth.
The acquisition adds approximately 90,000 route miles and 40,000 on-net enterprise locations to Zayo’s network. Zayo’s total network now spans 224,000 route miles across North America. The acquisition marks Zayo’s 50th and largest transaction to date. It builds on more than $35 billion in total investments to develop high-performing fiber networks. This combination of long-haul scale and dense metro reach supports distributed, latency-sensitive AI inference.
Advancing Future-Ready Infrastructure
Zayo remains committed to developing one of the industry’s highest-performing fiber networks.
Steve M. Smith, Chief Executive Officer at Zayo, shared his vision for the deal. He stated, “As AI is increasingly embedded in the global economy, bringing with it unprecedented connectivity needs, high-capacity fiber infrastructure has become indispensable. Zayo has been exclusively focused on building and operating fiber networks at scale for decades. That is why we are built for this moment and the right company to unlock the full value of these assets. This acquisition expands our ability to deliver capacity where it matters most and strengthens the critical fiber infrastructure powering today’s AI, cloud, and enterprise ecosystems. By combining Zayo’s national scale and the expanded metro depth of these assets, we are building a differentiated platform that positions Zayo as the partner of choice for high-capacity connectivity.”
This investment ensures Zayo can meet rising global connectivity needs. The acquisition solidifies Zayo’s Digital Infrastructure leadership within the digital economy.
“We see long-term tailwinds driving demand for fiber infrastructure, and that continues to inform how we invest in our business. We are focused on deploying capital with discipline to capture the most attractive growth opportunities ahead. This acquisition solidifies our digital infrastructure leadership, enabling us to drive greater value across our network and generate durable, long-term growth from the industries shaping the digital economy,” said Jeff Noto, Chief Financial Officer of Zayo.
The company now provides a more robust and resilient network for its customers. This backbone is purpose-built to handle massive data demands.
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News Source: Businesswire.com
