More than 20 school districts have selected Zayo Group Holdings, Inc. (NYSE: ZAYO) for E-Rate solutions during the first calendar quarter of 2018, the company said.
The contracts represent approximately double the E-Rate recurring revenue that Zayo was awarded during calendar year 2017 and demonstrate Zayo´s heightened focus on the public, health and utilities segment, which includes K-12 schools.
The contracts include a range of dark fiber and lit fiber-based connectivity solutions to provide schools and libraries with high-speed connectivity. The majority leverage existing Zayo network, much of which was deployed for Mobile Infrastructure projects.
These projects also include network expansion, which in turn will be leveraged for other projects, including small cell deployments. Many schools are opting for Private Dedicated Networks (PDNs), which are fully managed solutions that include dark fiber, equipment and network operational support. The districts are funding the upgrades through E-Rate, a federal program that subsidizes Internet infrastructure for schools and libraries.
Traditionally, many school districts and charter campuses have relied on legacy copper networks, wireless or other patchwork solutions. With the widespread use of digital textbooks, streaming media and online testing, high-speed connectivity has become fundamental to K-12 education. Zayo works closely with school districts across the nation to deliver high-quality, fiber-based connectivity to replace or upgrade outdated technology.
Zayo Group Holdings, Inc. (NYSE: ZAYO) provides communications infrastructure solutions, including fiber and bandwidth connectivity, colocation and cloud infrastructure to the world´s businesses. For more information, visit zayo.com.