Crown Castle to sell fiber segment to EQT and Zayo

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 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.
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.
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.
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 to sell Fiber segment or $8.5B in aggregate, cuts annual dividend
The company announced that management has signed a definitive agreement to sell all of its Fiber segment, together with certain supporting
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Zayo Group, Llc
Fiber network owner Zayo Group is in the lead to buy the Crown Castle's assets in a deal that could be valued at over $8 billion, a source familiar with the matter told Reuters. EQT-backed Zayo in ...
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Data: Spike in DDoS attacks in 2024
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