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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.

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.

Seeking Alpha on MSN · 2d

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.

30m

Crown Castle (NYSE:CCI) Shares Gap Up After Analyst Upgrade

Crown Castle Inc. (NYSE:CCI – Get Free Report)’s share price gapped up prior to trading on Friday after Citigroup raised their price target on the stock from $106.00 to $108.00. The stock had ...

1don MSN

Crown Castle International upped to Overweight at KeyCorp on tower growth prospects

KeyCorp upgraded Crown Castle International (CCI) to Overweight from Sector Weight after the telecom infrastructure REIT ...

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 ...

The Fast Mode2d

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 ...

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