Zayo Announces Separation of Business Entities for Increased Flexibility and Value Creation

Zayo, a global provider of telecommunications and network services, has announced that it will be separating its business entities in order to provide more flexibility for each business to take advantage of unique growth opportunities and simplify operations. This separation will also help align strategic and business objectives to drive long-term value for Zayo, its customers, and the newly independent entities.

Zayo Europe, which operates a mostly owned fibre infrastructure network across eight Western European countries, including Ireland, the UK, the Netherlands, Belgium, France, Germany, Italy, and Switzerland, will have employee hubs in London, Paris, Stuttgart, and Sofia. The new business will be led by Colman Deegan, who recently took on the role of CEO of Zayo Europe.

While Zayo and Zayo Europe will remain under the same ownership group and continue to offer network services globally