CCI · 8-K · 20261021PR000085

Acquisition / Partnership / Divestiture

CROWN CASTLE INC. · 2026-10-21 · Importance 71 · Surprise 60

Crown Castle completed the sale of its Fiber Business on May 1, 2026, with EQT acquiring the small cells business and Zayo acquiring the fiber solutions business. The company received $8.4 billion of aggregate net cash proceeds, based on a gross contractual purchase price of $8.5 billion less $124 million of preliminary purchase-price adjustments. The release says proceeds from the Fiber and Small Cell business sales were used in part to reduce interest expense and outstanding common shares.

Key facts

• Crown Castle completed the sale of its Fiber Business on May 1, 2026, to EQT (small cells business) and Zayo (fiber solutions business), receiving aggregate net cash proceeds of $8.4 billion against a gross contractual purchase price of $8.5 billion, after $124 million of preliminary purchase price adjustments subject to post-closing settlement. source
• Net cash proceeds from the completed 2026 sale of the Fiber Business were $8.4 billion. source
• Crown Castle acquired an outstanding residual economic interest on a subset of its tower sites and extended the term of a significant customer on those sites during Q3 2026. source