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Crown Castle to buy FiberNet for USD 1.5 bln

2016-11-01 16:52:00| Telecompaper Headlines

(Telecompaper) Crown Castle has agreed to acquire FiberNet for USD 1.5 billion cash. The deal includes certain units of NextEra Energy, all part of FiberNet, which owns or has rights to about 11,500 route miles of fibre installed and under construction in Florida and Texas, including 6,000 route miles in metro markets. Following completion, Crown Castle will own or have rights to 28,500 route miles of fibre.

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