Zayo Picks Up FinTech Customer Deal

March 1st, 2019 by · 4 Comments

What’s a Friday without a contract win for Zayo with an unnamed customer, eh?  The Boulder-based infrastructure company announced this morning a deal with a ‘global fintech leader’ for wavelengths.

Zayo will be providing primary and diverse routes connecting 10+ locations around the US for the financial technology company.  There isn’t enough information to try to guess the identity of the cutomser, but the deal seems to be exactly the sort of deal Zayo’s intercity networks were built to provide, and thus a piece of the puzzle of enterprise organic growth that they have been trying to solve over the past year.

The rumor mill seems to have gone quiet for now when it comes to bids by private equity or strategic buyers for Zayo in the lead-up to the company’s analyst day on 3/14.  That just means that any talks have gone underground for now, since as long as the company’s stock price is down in this $25/share range there is a significant disconnect between the valuations that public and private investors put on the company.

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Categories: Fiber Networks

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4 Comments So Far

  • Anonymous says:

    Either the customer wants to be associated with you or they don’t. If Zayo are willing to do these dumb anonymous announcements, we have to assume these are the ONLY successful sales they have. Otherwise, why not announce every win? You’re obviously avoiding having to ask customer permission. Just release a spreadsheet every day or month that tells us what you won/closed.

  • Anonymous says:

    Maybe you should take your own advise and put your name on your post…

    • Anonymous says:

      Yawn. Call me when your adult logic module reboots, Dan.

      FYI, its advice with a C. As in, I would adviSe you to take the adviCe of your employees with something other than total contempt.

  • Anonymous says:

    Not Dan, you clown….your all knowing attitude is telling…keep hating if that what makes you happy

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