Zayo has announced its acquisition of Crown Castle's Fiber Solutions valued at $4.25 billion, spurred by the need for advanced network infrastructure amid the rise of AI and cloud computing. This acquisition will extend Zayo's reach by adding around 90,000 route miles and over 70,000 on-net locations. Alongside this deal, EQT will separately acquire Crown Castle's small cell business, contributing to a total transaction value of $8.5 billion. These strategic moves aim to bolster Zayo's capacity to support the growing demands of the data-driven market.
We are strategically investing in expanding and enhancing our country's critical network infrastructure to meet the demands of hyperscalers, data centers, enterprises and carriers that will facilitate the growing AI economy.
This acquisition strengthens our ability to deliver the reliable, low-latency, high-capacity fiber solutions our customers need to scale in an increasingly data-driven world, and furthers our commitment to providing world class customer service and solutions.
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