Crown Castle to sell fiber assets to two entities

Crown Castle to Sell Fiber Segment for $8.5 Billion
Crown Castle agreed to sell its fiber segment for $8.5 billion following a more than year-long strategic review of the business. The communications infrastructure owner and operator said Thursday it plans to sell the small cells part of the business to EQT Active Core Infrastructure,
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.
Crown Castle to sell fiber assets to EQT Active Core and Zayo in $8.5 billion deal
Crown Castle said on Thursday it will sell its fiber assets to two entities for $8.5 billion, after activist investor Elliott Investment Management pushed the wireless tower operator for changes. The company is selling its small cells business to EQT Active Core Infrastructure fund and its fiber solutions one to Zayo Group Holdings,
Crown Castle to sell fiber segment to EQT and Zayo for $8.5B
Crown Castle (NYSE: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.
Zayo to Acquire Crown Castle's Fiber Solutions Business
Zayo, a leading communications infrastructure provider backed by DigitalBridge and EQT, today announced it has entered into a definitive agreement to acquire Crown Castle's Fiber Solutions business in a transaction valuing the business at approximately $4.
Crown Castle to sell fiber assets to two entities in $8.5 billion deal
Crown Castle said on Thursday it will sell its fiber and small cell businesses to two entities in an $8.5 billion deal, after activist investor Elliott Investment Management pushed the wireless tower operator for changes.
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