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Crown Castle to sell fiber assets to two entities

Bloomberg on MSN · 14h

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.

Seeking Alpha · 17h

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.

EQT to acquire Crown Castle’s small cells business for $4.25bn

Crown Castle’s small cells solutions business is a provider of digital infrastructure, specializing in the deployment of small cell networks that enhance essential wireless connectivity.

2h

Why Is Crown Castle Stock Surging Today?

Crown Castle shares surged after selling Fiber segment for $8.5 billion, announcing quarterly results and plans for share ...

16h

EQT Corporation to buy Crown Castle’s Small Cells Solutions business for $4.25B

EQT (EQT) “announces that the EQT Active Core Infrastructure fund has entered into a definitive agreement to acquire Crown Castle Inc.’s (CCI) ...

10h

Boca Raton private equity giant's subsidiary to buy $4.25 billion fiber solutions business

The acquisition will improve internet services for data centers, businesses, carriers, cities, and rural areas, especially as ...

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