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Crown Castle to sell fiber segment to EQT and Zayo

Bloomberg on MSN · 16h

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 · 19h

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.

RCR Wireless News · 10m

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.

18h

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) ...

4h

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 ...

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