Crown Castle believes the best path to enhancing shareholder value is as a pure-play tower company, solely focused on supporting wireless customers in delivering advanced communications services across the U.S.  Uncoupling these units will enhance already strong businesses, giving each the ability to focus on their distinct assets and operations to create better value for customers, shareholders, and employees.

The Small Cell business includes small cells and venue assets and the Fiber Solutions business includes our fiber network.

Crown Castle is selling its Small Cell and Venue business to EQT and its Fiber Solutions business to Zayo. We expect the deal to close in the first half of 2026. 

No, it will be business as usual through closing, at which point you can expect a smooth transition. We are committed to providing the same great levels of service to our customers as you have always experienced—and excited about the new opportunities this makes possible. In the meantime, we are maintaining all the supporting teams and points of contacts you already know—regardless of whether you are one of our enterprise, wholesale, public sector or channel customers.

We will also continue to invest in delivering and expanding our advanced network, including taking opportunities to build connections to new data centers and multi-tenant facilities.  

Crown Castle believes that by focusing solely on our Tower business, we can best support you, our wireless customers, as you provide advanced communications services across the U.S. 

After the sale, Crown Castle will be the only publicly traded pure-play U.S. tower company. We will be better positioned to streamline processes, reduce cycle times and deliver best-in-class customer service.

No. With a singular focus, we will be able to enhance our ability to deliver best-in-class customer service.