Crown Castle Announces Agreement to Acquire Wilcon

HOUSTON, April 17, 2017 (GLOBE NEWSWIRE) -- Crown Castle International Corp. (NYSE:CCI) (“Crown Castle”) announced today that it has entered into a definitive agreement to acquire privately-held Wilcon Holdings LLC (“Wilcon”) for approximately $600 million (subject to certain limited adjustments) from Pamlico Capital and other unit holders of Wilcon.  Wilcon is a fiber services provider that owns approximately 1,900 route miles of fiber, primarily in Los Angeles and San Diego.  Pro forma for the proposed acquisition, Crown Castle will own or have rights to over 28,000 route miles of fiber. “The acquisition of Wilcon provides us an extensive set of dense metro fiber assets that will enable...

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