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Crown Castle to sell fiber assets to two entities

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 · 3d

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 · 4d

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.

Advanced Television4d

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 ...

The Fast Mode4d

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 ...

Patience For Crown Castle And Its New Strategy

Crown Castle divests $8.5B in assets to reduce debt, repurchase $3B in shares, and focus on towers, boosting financial flexibility and shareholder value. See more.

TelecomTV3d

What’s up with… Zayo, EQT, Crown Castle, Telefónica, VodafoneZiggo

Zayo, EQT splash $8.5bn on Crown Castle fibre, small cell assetsMore top table changes at TelefónicaLiberty Global eyes ...

Crown Castle CEO affirms U.S. tower commitments after $8.5 billion sale

One of Houston's largest public companies is doubling down on its main business after announcing a big divestment.

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