Zayo’s New Omaha To Dallas Fiber Route Attracts Seven New Customers
Anchor plus follow-on customer sales now generate positive return on expected investment.
Zayo Group Holdings, Inc. has announced that it has sold dark fiber services on its Omaha to Dallas route, which is currently in development, to seven additional customers since the initial anchor customer sale in mid 2014. The fiber route will connect Omaha, Kansas City, Bentonville, Arkansas, Tulsa, and Dallas.
“Most of Zayo’s committed capital projects are tied to signed customer contracts with an associated positive return,” explained Ken desGarennes, CFO at Zayo. “With the Omaha to Dallas project, a portion of the capital was speculative in our view, meaning we needed follow-on sales to achieve a desired return profile.”