Zayo Group, a privately owned company founded in 2007 and headquartered in the US, employs approximately 3,370 people. Its primary business is providing communications infrastructure and related services. These services encompass fiber and transport solutions, packet services, and managed edge services, essentially offering connectivity and distribution capabilities.
Zayo Group announced on an unspecified date a $4.25 billion deal to acquire Crown Castle's fiber solutions business. This acquisition aims to strengthen Zayo Group's wavelength services and support the increasing data traffic from artificial intelligence across the US. Separate from this acquisition, internal commentary expresses concern regarding the company's management and ability to successfully transition assets to buyers, citing challenges in network management and asset tracking. There is also mention of a CCI stock drop of $10 within an unspecified two-day period, and criticism of the company's fiber and small cell records over the past ten years. Finally, Zayo Group highlighted Women's History Month, focusing on celebrating female leaders within the company and their contributions.
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