Zayo Group Holdings, Inc.

No Longer Reporting

The company has not filed an annual or quarterly report since its Q2 FY2020 10-Q, filed Feb 4, 2020. Its latest SEC filing is a 15-12B from Mar 19, 2020.

The sections below describe the company as of the FY2019 annual report.

What Did They Do?

Provides fiber-based bandwidth connections, network services and data center colocation to communications providers, wireless carriers and large enterprises.

How Did They Make Money?

Customers pay fixed fees for fiber and colocation access, usually in advance; usage-based charges are billed after use. Dark-fiber leases may include a down payment and monthly fees, or payment of the full lease amount upfront.

FY2015 revenue

Who Were Their Customers?

Wireless and other communications providers, media and content companies, and large bandwidth-using businesses buy Zayo’s services. Sales are mainly direct, with some through indirect channel partners.

Did Revenues Turn Into Profits?

No. It lost $155.3M in FY2015.

Operating income, FY2015

13% of revenue

▲ +201% vs FY2014 ($56.1M, 5%)

Net income, FY2015

−12% of revenue

▼ −13% (Loss) vs FY2014 (−$179.3M, −16%)

How Were They Changing?

Since the FY2019 annual report

Latest quarter: Q2 FY2020, the three months to Dec 31, 2019

Revenue: ▲ +2%; vs $639.1M in Q2 FY2019
Net income: ▲ +103%; vs $30.2M in Q2 FY2019

Mar 9, 2020 Zayo was acquired and became privately held The merger closed, and Zayo’s common stock ceased trading on the NYSE.

Grew. Revenue grew 34% in 2 years, from $1B in FY2013 to $1.3B in FY2015, about 16% a year.

Who Did They Compete With?

Competes with Fiber Light, DQE Communications, Edison Carrier Solutions, Crown Castle, and Uniti

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