Crown Castle to sell fiber assets to two entities in $8.5 billion deal

Reuters
14 Mar
Crown Castle to sell fiber assets to two entities in $8.5 billion deal

March 13 (Reuters) - Crown Castle CCI.N said on Thursday it will sell its fiber and small cell businesses to two entities in an $8.5 billion deal, after activist investor Elliott Investment Management pushed the wireless tower operator for changes.

(Reporting by Jaspreet Singh and Kritika Lamba in Bengaluru; Editing by Arun Koyyur)

((Jaspreet.Singh@thomsonreuters.com; https://twitter.com/i_jass;))

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