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

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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 fiber located mainly in large northeastern cities, including Boston, New York and Philadelphia.…


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