Crown Castle Announces Agreement To Sell Fiber Segment to EQT and Zayo, Reports Fourth Quarter and Full Year 2024 Results, and Provides Outlook for Full Year 2025
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Crown Castle has announced an agreement to sell its Fiber segment to EQT and Zayo for $8.5 billion. The company also reported its fourth quarter and full year 2024 results and provided an outlook for 2025.
March 13, 2025 | 8:30 pm
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Crown Castle is selling its Fiber segment to EQT and Zayo for $8.5 billion, concluding a strategic review. This move could streamline operations and focus on core business areas.
The sale of the Fiber segment for $8.5 billion is a significant strategic move for Crown Castle, potentially improving its financial position and allowing it to focus on its core business. This could positively impact the stock price in the short term.
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