Zayo Group And TPG Are Bidding For Crown Castle's Fiber And Wireless Assets That Could Be Worth Nearly $10B
Portfolio Pulse from Benzinga Newsdesk
Zayo Group and TPG are reportedly bidding for Crown Castle's fiber and wireless assets, which could be valued at nearly $10 billion.
October 02, 2024 | 2:04 pm
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POSITIVE IMPACT
Crown Castle is considering selling its fiber and wireless assets, attracting bids from Zayo Group and TPG, potentially valuing the assets at $10 billion.
The potential sale of Crown Castle's assets could lead to a significant cash influx, positively impacting its stock price. The interest from major bidders like Zayo Group and TPG suggests strong asset value.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100