Zayo eyes more AI growth with $4.25B Crown Castle deal

Zayo eyes more AI growth with .25B Crown Castle deal

  • Zayo will acquire Crown Castle’s fiber assets, adding 90,000 route miles to its long-haul network
  • The move comes as Zayo anticipates a “shift in AI gravity,” according to neXtCurve analyst Leonard Lee
  • Crown Castle’s fiber business has faced financial trouble for some time

Zayo’s long-haul fiber biz just got a hefty boost, as the company announced it will acquire Crown Castle’s fiber assets for $4.25 billion.

The transaction will see Zayo add approximately 90,000…

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https://www.fiercewireless.com/broadband/zayo-eyes-more-ai-growth-425b-crown-castle-deal