Crown Castle becomes pure-play US tower REIT after $8.4 billion asset sale

Verifying
  • Crown Castle sold its Fiber and Small Cell assets.
  • $8.4 billion from the sale funded debt repayment and share buybacks.
  • Crown Castle became a pure-play US tower REIT after the transaction.
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Crown Castle becomes pure-play US tower REIT after $8.4 billion asset sale - CoinPost Terminal