CCI · 10-Q · 2026Q2 · Full report

Acquisition / Partnership / Divestiture

CROWN CASTLE INC. · 2026-08-05 · Importance 71 · Surprise 60 · In source text

Crown Castle completed the Strategic Fiber Transaction on May 1, 2026, selling its small cells and fiber solutions businesses to EQT Active Core Infrastructure fund and Zayo Group Holdings Inc. The company received aggregate net cash proceeds of $8.4 billion from the $8.5 billion gross contractual purchase price, net of preliminary purchase price adjustments of $124 million. Because the transaction represented a material strategic shift, the Fiber Business is presented as discontinued operations for all periods through completion. Crown Castle recognized a loss from disposal of discontinued operations of $280 million for the three months and $625 million for the six months ended June 30, 2026, subject to post-closing purchase price settlement.

Key facts

• We received aggregate net cash proceeds of $8.4 billion, representing the gross contractual purchase price of $8.5 billion less preliminary purchase price adjustments of $124 million. source
• The Strategic Fiber Transaction was completed on May 1, 2026. source
• On March 13, 2025, management signed a definitive agreement to sell our small cells and fiber solutions businesses in the Strategic Fiber Agreement. source
• Zayo Group Holdings Inc. acquired the fiber solutions business and EQT Active Core Infrastructure fund acquired the small cells business under the Strategic Fiber Transaction. source
• Following the classification of the Fiber Business as discontinued operations, we have one reportable segment that constitutes consolidated results consisting of our towers operations. source

Impact estimates