CrownCastle

Crown Castle Divests Fiber Business for $8.5 Billion in Strategic Shift

16 days ago

In a significant move within the telecommunications sector, Crown Castle International Corp. has announced the sale of its fiber business for a staggering $8.5 billion. This deal, which comprises two separate transactions, is a part of the company's strategic pivot towards expanding its core tower operations while streamlining its portfolio.

Zayo Networks Engages in Negotiations to Acquire Crown Castle's Fiber Division Amid TPG's Strategic Shift

2 months ago

In a significant development within the telecommunications sector, Zayo Group Holdings Inc. is currently in discussions to acquire the fiber assets of Crown Castle International Corp. This dialogue comes at a time when TPG Inc., the private equity firm, appears to be taking a step back from its previous aggressive investment patterns in the fiber optic space. The potential transaction underscores the continued consolidation within the telecommunications industry, aimed at enhancing infrastructure in response to growing data demand.

TPG in Intensive Negotiations to Acquire Crown Castle's Fiber Division for $8 Billion

3 months ago

In a significant move within the telecommunications sector, private equity firm TPG Capital is reportedly in advanced negotiations to purchase the fiber unit of Crown Castle, a leading provider of communications infrastructure. This acquisition, valued at approximately $8 billion, could reshape the landscape of fiber-optic services across the United States.