LOUISVILLE, Colo.–(BUSINESS WIRE)–Zayo Group, a provider of fiber-based bandwidth infrastructure and network-neutral colocation services announced today it has consolidated its managed communication services business in a newly formed subsidiary under the Onvoy Voice Services unit of Zayo Group Holdings, Inc. The new structure will support Zayo Group’s focus on bandwidth infrastructure while enabling a more strategic alignment of its managed communications services with Onvoy.
“We believe there are ongoing opportunities for growth in managed communication services including IP-based voice services and managed networks for customers,” stated Dan Caruso, CEO of Zayo Group. “We feel that separating the managed communications services from our core bandwidth infrastructure business enables both businesses to more effectively focus on their customers and continued growth.”
Fritz Hendricks, President of Onvoy Voice Services, who will oversee the new subsidiary, commented, “We will continue to deliver high-quality service for our customers and look forward to growing with them over time.”
The change was effective April 1, 2011 and managed communications services customers will not see any impact to their services, contract or account coverage.