Tower operator Crown Castle to buy Lightower for $7.1 billion
U.S. telecommunications tower operator Crown Castle International Corp
Crown Castle is buying the company from a group of investors including Berkshire Partners LLC and Pamlico Capital.
Lightower`s network spans 32,000 fibre route miles, serving the financial services industry as well as government clients, primarily in top metro markets, including Boston, New York and Philadelphia.
Reuters reported last week that Crown Castle had made an offer for Lightower.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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