Zayo Group Holdings, Inc. (ZAYO - Free Report) recently inked an agreement with an unnamed Mexican carrier for an undisclosed amount to offer an IP solution to support key cities across the Latin American country. The deal will help the carrier better connect with the content providers in the United States.  

The IP solution will offer the Mexican telecom provider a seamless interconnection with U.S.-based content, gaming and webscale companies via Zayo’s data center in Dallas. This would unearth an opportunity to deliver in-demand content to regional consumers. The strategic deal would therefore enable the carrier to strengthen its presence in the market, while providing a steady revenue stream to Zayo.  

Zayo’s extensive network footprint, diversified product portfolio and the ability to penetrate in different markets are commendable. The company continues to extend global reach by expanding its fiber footprint and forging partnerships with local providers. It has been experiencing broad-based demand across all customer verticals, which is likely to continue.