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Crown Castle to sell fiber assets to two entities

DatacenterDynamics · 10h

Crown Castle sells fiber and small cells assets to Zayo and EQT for $8.5bn

Crown Castle has announced an agreement has been reached to sell its fiber assets for a combined $8.5 billion. The company has agreed to sell its fiber assets to Zayo Group, while EQT Active Core Infrastructure will buy its small cell assets.

Investopedia on MSN · 5h

Crown Castle Stock Jumps as Firm Sells Fiber Optics Unit for $8.5B

Key Takeaways Crown Castle sold its fiber optics business to EQT Active Core Infrastructure fund and Zayo Group Holdings for a total of $8.5 billion. The provider of towers and other communications infrastructure said it will use the money to pay down debt and launch a stock buyback program.

Markets Insider · 1d

Zayo to acquire Crown Castle’s Fiber Solutions unit

Zayo announced it has entered into a definitive agreement to acquire Crown Castle’s Fiber Solutions business in a transaction valuing the

Stocktwits on MSN12h

Crown Castle Stock Gains Premarket After $8.5B Deal To Sell Small Cells And Fiber Solutions: Retail’s Divided

Crown Castle (CCI) stock rose 3% in pre-market trade on Friday after the cell tower operator said it would sell its small ...

The Fast Mode19h

Zayo to Acquire Crown Castle’s Fiber Solutions for $4.25B to Boost AI Infrastructure

Zayo, a leading communications infrastructure provider backed by DigitalBridge and EQT, announced it has entered into a ...

17h

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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