OverviewSuggest Edit
Zayo (also known as Zayo Group) is a provider of communications and bandwidth infrastructure. Its key products include leased dark fiber, fiber to cellular towers and small cell sites, dedicated Wavelength connections, Ethernet, IP connectivity, data center colocation, cloud offerings, and other high-bandwidth offerings. The company primarily serves wireless service providers, telecommunications service providers, financial services companies, social networking, media and web content companies, education, research and healthcare institutions, and governmental agencies.
| Type | Private | |
| Founded | 2007 | |
| HQ | Boulder, CO, US | Map |
| Website | zayo.com | |
| Employee Ratings | More | |
| Overall Culture | D | More |
Key People/Management at Zayo
Dan Caruso
Co-Founder, Chairman & CEO
Matt Steinfort
CFO
Sandi Mays
Co-Founder, Chief Customer Experience and Information Officer
Derek Gillespie
Chief Revenue Officer
Jack Waters
President of Zayo Networks and COO
Annette Murphy
EVP, Lit Solutions
Zayo Office Locations
Zayo has offices in Boulder, Mississauga, Paris and London
Boulder, CO, US (HQ)
1805 29th St #2050
Boulder, CO, US
1821 30th St Unit A
Mississauga, CA
5160 Orbitor Dr
Paris, FR
19/21 Rue Poissonnière
London, GB
International House St.
Katharine’s Way
Zayo Financials and Metrics
Summary Metrics
Founding Date | 2007 |
Zayo total Funding | $471 m |
Zayo latest funding size | $128 m |
Time since last funding | 12 years ago |
Zayo investors | Battery Ventures, Morgan Stanley, Greenspring Associates, Oak Investment Partners, Columbia Capital, Centennial Ventures, CIT Group, CoBank, Hercules Capital, M/C Partners |
Zayo's latest funding round in March 2009 was reported to be $128 m. In total, Zayo has raised $471 m
Zayo Revenue
Zayo's revenue was reported to be $2.58 b in FY, 2019 which is a 1% decrease from the previous period.
| USD | |
|---|---|
Revenue (Q2, 2020) | 653.7m |
Gross profit (Q2, 2020) | 421.5m |
Gross profit margin (Q2, 2020), % | 64.5% |
Net income (Q2, 2020) | 61.4m |
EBIT (Q2, 2020) | 140.5m |
Cash (31-Dec-2019) | 181.3m |
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2018 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 504.9m | 506.7m | 550.2m | 643.5m | 653.5m | 649.4m | 641.1m | 639.1m | 647.2m | 638.6m | 653.7m |
Cost of goods sold | 173.8m | 179.9m | 195.0m | 235.7m | 232.0m | 234.9m | 228.4m | 222.0m | 226.3m | 231.0m | 232.2m |
Gross profit | 331.1m | 326.8m | 355.2m | 407.8m | 421.5m | 414.5m | 412.7m | 417.1m | 420.9m | 407.6m | 421.5m |
Gross profit Margin, % | 66% | 64% | 65% | 63% | 64% | 64% | 64% | 65% | 65% | 64% | 64% |
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2018 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 193.0m | 144.0m | 198.4m | 291.2m | 280.8m | 329.3m | 353.9m | 176.4m | 179.7m | 254.6m | 181.3m |
Accounts Receivable | 148.4m | 156.7m | 189.7m | 225.7m | 233.8m | 223.1m | 227.2m | 202.8m | 216.9m | 151.9m | 124.5m |
Prepaid Expenses | 62.7m | 52.9m | 72.4m | 26.2m | 67.4m | 79.1m | 68.2m | 74.7m | 71.7m | 68.1m | 66.2m |
Current Assets | 411.4m | 362.2m | 497.2m | 610.2m | 606.4m | 697.3m | 680.9m | 480.0m | 511.1m | 531.6m | 430.7m |
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 15.7m | 35.5m | 62.5m | 23.2m | 34.7m | 58.1m | 22.1m | 52.3m | 87.0m | 17.9m | 79.3m |
Depreciation and Amortization | 138.5m | 269.9m | 425.6m | 184.1m | 380.0m | 571.2m | 167.8m | 314.7m | 475.9m | 156.1m | 314.0m |
Accounts Payable | 5.6m | (33.0m) | 9.1m | 53.4m | 29.2m | 23.7m | 9.0m | (26.9m) | 19.2m | 27.3m | 1.5m |
Cash From Operating Activities | 232.8m | 402.5m | 664.9m | 268.8m | 456.5m | 719.3m | 241.8m | 472.4m | 726.0m | 311.8m | 568.2m |
| USD | FY, 2016 |
|---|---|
Revenue/Employee | 534.0k |
Debt/Equity | 3.4 x |
Debt/Assets | 0.6 x |
Financial Leverage | 5.5 x |
Zayo Operating Metrics
| FY, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | FY, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | FY, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | FY, 2018 | Q1, 2019 | Q2, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Fiber Route Miles | 85.5 k | 87.27 k | 95.18 k | 111.69 k | 112.6 k | 114.49 k | 115.7 k | 121.92 k | 123.84 k | 126.07 k | 126.99 k | 128.24 k | 128.91 k | 131.1 k | 130.87 k | 133 k | 133 k | 133 k |
Fiber Miles | 6.7 m | 8.7 m | 10.44 m | 11.87 m | 13 m | |||||||||||||
Markets | 320 | 365 | 391 | 4.04 k | 400 | |||||||||||||
Towers | 5 k | 6 k | 7.5 k |
Zayo Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| McLean Data Center | April 04, 2018 | |
| Neutral Path Communications | January 31, 2018 | $33.3 m |
| Optic Zoo | January 19, 2018 | $30.16 m |
| Optic Zoo Networks | January 18, 2018 | $24.8 m |
| Spread Networks LLC | November 27, 2017 | $127 m |
| KIO Networks US Data Centers | May 01, 2017 | $11.9 m |
| Electric Lightwave Inc | November 30, 2016 | $1.4 b |
| Santa Clara Data Center | October 03, 2016 | $11.3 m |
| Clearview International LLC | April 04, 2016 | $18.9 m |
| Allstream | January 15, 2016 | $297.6 m |
Zayo Revenue Breakdown
Zayo revenue breakdown by business segment: 73.6% from Zayo Networks, 14.8% from Allstream, 10.5% from zColo and 1.2% from Other
Zayo Cybersecurity Score
Zayo Environment, Social & Governance (ESG) Ratings
Zayo Online and Social Media Presence
8.46k Twitter followers
Zayo has 8.46k Twitter Followers. The number of followers has increased 0.2% month over month and increased 0.2% quarter over quarter
Zayo's Trends
Twitter Engagement Stats for @ZayoGroup
3.4k
Tweets
781
Following
8.5k
Followers
3
Tweets last 30 days
7.7
Avg. likes per Tweet
100%
Tweets with engagement
Zayo Company Culture
Overall Culture
D
55/100
CEO Rating
F
50/100
Compensation
D
50/100
Diversity
D
53/100
Zayo News and Updates
October 08, 2020
Zayo’s Steve Orlando joins Seaborn as CEO
Subsea cable operator Seaborn Networks has appointed Steve Orlando of Zayo as its CEO, three months after the group emerged from bankruptcy protection. Orlando (pictured) officially started last week, but Seaborn has waited until now to make the announcement.
October 05, 2020
Zayo Appoints Julie Tschida Brown as Chief People and Culture Officer
Zayo Group Holdings, Inc., the global leader in Communications Infrastructure, announced the appointment of Julie Tschida Brown as Zayo’s Chief People and Culture Officer. In this role, Tschida Brown will oversee a comprehensive suite of human capital areas including community engagement, talent ac…
September 29, 2020
Zayo Announces Definitive Agreement to Sell zColo Data Center Assets to DataBank
Zayo Group Holdings, Inc. (“Zayo” or “the Company”), today announced that the Company has entered into an agreement to sell zColo, including certain U.S. and European data center assets, to DataBank. The transaction includes the sale of 44 data centers in more than 20 markets across the United State…
September 04, 2020
Zayo To Release Second Quarter Fiscal Year 2020 Earnings Results on September 11, 2020
Zayo Group Holdings, Inc. will privately release its second quarter fiscal year 2020 earnings results for the quarter ended June 30, 2020 on Friday, September 11, 2020 at approximately 7:00 a.m. MDT/9:00 a.m. EDT. Current and prospective bondholders may request access to the private data site where …
September 01, 2020
Zayo Appoints Jesper Aagaard as Managing Director of Europe
Zayo Group Holdings, Inc., the global leader in Communications Infrastructure, today announced the appointment of Jesper Aagaard as Zayo’s Managing Director of Europe. In this role, Aagaard will be instrumental in driving growth in Europe and shaping Zayo’s overall strategy for the region. Mr. Aagaa…
August 18, 2020
Zayo Announces Significant Expansion to IP Transit Capacity in Key Metro Markets
Zayo Group Holdings, Inc. today announced a significant expansion to its IP Transit capacity in key metro markets across the United States. Based on increased demand to 100G ports, Zayo recently completed upgrades to support 100G IP Transit in Phoenix, San Jose and Denver. These three metro areas jo…
Zayo Frequently Asked Questions
When was Zayo founded?
Zayo was founded in 2007.
Who are Zayo key executives?
Zayo's key executives are Dan Caruso, Matt Steinfort and Sandi Mays.
How many employees does Zayo have?
Zayo has 3,781 employees.
What is Zayo revenue?
Latest Zayo annual revenue is $2.6 b.
What is Zayo revenue per employee?
Latest Zayo revenue per employee is $681.8 k.
Who are Zayo competitors?
Competitors of Zayo include j2 Global, Internap and Windstream.
Where is Zayo headquarters?
Zayo headquarters is located at 1805 29th St #2050, Boulder.
Where are Zayo offices?
Zayo has offices in Boulder, Mississauga, Paris and London.
How many offices does Zayo have?
Zayo has 5 offices.
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