Zayo Buy of Crown Castle's Fiber Will Boost Service in Key Markets
DigitalBridge CEO Marc Ganzi called Zayo’s acquisition of Crown Castle's fiber business “a milestone acquisition” for the company. Ganzi confirmed on LinkedIn last week that the sale price was $4.25 billion. Combining the fiber sale with that of its small-cell…
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business to EQT, Crown Castle announced a total price of $8.5 billion (see 2503140021). “This incredible network adds 90,000 route miles in key metro areas,” Ganzi said, including New York City, Los Angeles and Miami, “the places where high speed, low latency routes are needed and growing.” DigitalBridge is a part owner of Zayo.