Analysis of Q4 2024 Earnings: ATC, SBA, and Crown Castle
The 2024 Q4 and full-year 2024 financial results for the "Big 3" U.S. publicly traded cell tower companies—American Tower (ATC), Crown Castle, and SBA Communications—have recently been released, revealing strategic shifts.
Crown Castle Announces Agreement to Sell Fiber Segment to EQT and Zayo for $8.5 billion
Crown Castle recently announced it has entered into a definitive agreement to sell its small cells and fiber solutions businesses to affiliates of EQT Active Core Infrastructure fund and Zayo Group Holdings Inc. for approximately $8.5 billion.