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Crown Castle to sell fiber assets to two entities

Bloomberg on MSN · 1d

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 on MSN · 1d

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.

Investopedia on MSN · 1d

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

Crown Castle sold its fiber optics business to EQT Active Core Infrastructure fund and Zayo Group Holdings for a total of $8.5 billion.

1d

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) ...

Advanced Television1d

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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