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Crown Castle to sell fiber segment for $8.5 billion

Bloomberg on MSN · 2d

Crown Castle Sells Its Fiber Business for Combined $8.5 Billion

Telecommunications company Crown Castle Inc. has reached an agreement with an EQT AB fund and Zayo Group Holdings Inc. for each to buy separate parts of its fiber business for a combined value of $8.5 billion.

RCR Wireless News · 2d

Zayo to acquire Crown Castle’s fiber business for $4 billion

Zayo said the purchase will expand its fiber network and reinforce its strategic focus on enabling AI and digital transformation across the U.S.

Seeking Alpha on MSN · 3d

Crown Castle to sell fiber segment to EQT and Zayo for $8.5B (updated)

Crown Castle (CCI) will sell all of its fiber segment in two transactions to an EQT fund and Zayo Group Holdings for a total of $8.5B and use the proceeds to repay debt and to buy back stock, the company said on Thursday.

1h

Crown Castle: A Buy With $140 Price Target After Solid Quarter

Crown Castle is the largest provider of shared communications infrastructure in the US. Its portfolio includes over 40,000 ...

Advanced Television2d

Crown Castle agrees $8.5bn deal with Zayo, EQT

Zayo, the communications infrastructure provider backed by DigitalBridge and EQT, has entered into a definitive agreement to ...

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