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Crown Castle to sell fiber segment to EQT and Zayo

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.

RCR Wireless News · 1d

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.

The Fast Mode1d

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 ...

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 ...

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 ...

1d

Crown Castle price target raised to $108 from $106 at Citi

Citi raised the firm’s price target on Crown Castle (CCI) to $108 from $106 and keeps a Buy rating on the shares after the company announced ...

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