- Zayo Group (NYSE:ZAYO) is up 2.5% this morning after winning business in Europe from a major webscale company.
- Zayo will provide a wavelength solution for capacity between two of the customer's data centers, on a direct route owned and operated by Zayo.
- That will leverage assets from Zayo's acquisition of Viatel operations a few years back.
- Owned infrastructure was key to the deal, the company says. “In this case, our longstanding customer needs terabytes of throughput on a direct route,” says Transport President Randy Dunbar.