Crown Castle to Sell Small Cells, Fiber Solutions Assets for Combined $8.5 Billion; Q4 AFFO Falls

MT Newswires Live
03-14

Crown Castle (CCI) agreed to sell its small cells and fiber solutions businesses for a combined $8.5 billion to separate buyers after a strategic review.

EQT's (EQT) Active Core Infrastructure fund agreed to buy the small cells solutions business for $4.25 billion, and Zayo agreed to buy the fiber solutions business for $4.25 billion, the companies said Thursday in separate statements.

Crown Castle also reported Q4 adjusted funds from operations late Thursday of $1.80 per diluted share, down from $1.82 a year earlier.

Analysts polled by FactSet expected $1.80.

Net revenue in the three months ended Dec. 31 fell to $1.65 billion from $1.67 billion a year earlier. Analysts surveyed by FactSet expected $1.65 billion.

The company expects fiscal 2025 AFFO of $4.06 to $4.17 a share. Analysts surveyed by FactSet expect $6.89.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10