Zayo Signs Contract with Net Insight
Net Insight has signed a contract to provide a video network infrastructure to Zayo Group, LLC (“Zayo”), an international provider of Bandwidth Infrastructure.
Under the contract, valued at more than SEK 50 million, Net Insight will provide Zayo with hardware, software, and support services, to be delivered during the second and third quarter of 2014.
The deal enables Zayo to establish a video network in the U.S. and offer customers both compressed and uncompressed HD-SDI and 3G-SDI managed video network services.
“We selected Net Insight’s platform because it is flexible and resilient,” said David Howson, chief network and services officer and head of Europe at Zayo. “Net Insight will allow Zayo to provide the managed video transport quality and service levels demanded by our customers, with support for simplifying network operations.”
“Net Insight has succeeded in winning another important deal in the North American market,” said Fredrik Tumegård, CEO of Net Insight. “Zayo is an international player in Bandwidth Infrastructure, and we believe bringing them on as a customer will strengthen Net Insight’s market position in the North American market,”
Net Insight AB discloses the information provided herein pursuant to the Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication on May 12, 2014 at 08.30 CET.