Zayo Creates New Subsidiary

Louisville, Colorado-based Zayo Group, the bandwidth provider headed by Dan Caruso, said this week that it has created a new subsidiary for managed communications services. The firm said newly formed subsidiary, Onvoy Voice Services will be overseen by Fritz Hendricks. Zayo explained that it will separate its managed communications services from its core bandwidth infrastructure business, allowing the two busineses to "more effectively focus" on customers.