Zayo Group is aware that the fiber provider industry is consolidating around it — a trend that it has helped lead since being founded in 2007 — but the fiber provider is not afraid of Verizon’s (NYSE: VZ) recent purchase of XO Communications’ fiber network.
Speaking to investors during the J.P. Morgan Global High Yield & Leveraged Finance Conference, Dan Caruso, CEO of Zayo, said that the acquisition won’t cut into its business.
