Crown Castle makes another multibillion-dollar acquisition to double fiber footprint

Clubs and Organizations

July 19, 2017


Crown Castle International Corp. (NYSE: CCI) is spending billions to double its wireless infrastructure empire. The Houston-based company announced July 18 it has agreed to acquire LTS Group Holdings LLC from Berkshire Partners, Pamlico Capital and other investors for about $7.1 billion in cash. The deal is expected to close by the end of the year. Lightower owns or has rights to about 32,000 route miles of