Thursday, May 13, 2010

Zayo Group Revenues Grow To $59.8M In Q1

Louisville, Colorado-based Zayo Group, an operator of telecom bandwidth, colocation, and interconnection services, released its results Wednesday afternoon, saying that it had an adjusted EBITDA of $20.9M on revenues of $59.8M for the quarter. The firm said the results represented a 5 percent annualized increase in its business. Revenue split across the firm's three operating businesses were $45.5M for Zayo Bandwith, $8.8M for Zayo Enterprise Networks, and $6.9 for its zColo business.