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

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.

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