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.
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。