There will probably soon be another bit of data to collect from Zayo's extensive earnings release data, as the company has built a new dedicated team. They're aiming at the live video business, taking broadcasts from sports venues and transporting them across fiber to studios and the like for processing.
Zayo has been providing these services to the NBA and others for a while now. Their core video network is built off of their intercity and metro fiber assets of course, and maintains infrastructure in Atlanta, Chicago, Washington DC, Denver, Houston, Portland, New York, and London, with a video NOC in Tulsa. Apparently the expansion has been going well, and has enough traction to justify building another internal group to manage it and integrating it into their Tranzact customer portal.
If all that sounds like Zayo is taking on Level 3's Vyvx at least in a small way, then you are paying attention. Of course it's at a much smaller scale currently, but with M&A things can happen quickly. They could, for instance, take a swing at Hibernia Networks, which in addition to the transatlantic cable assets has quite an extensive fiber footprint that is rather complementary to Zayo's in Europe and also happens to operate a dedicated global live video business.