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Broadband

Crown Castle buys Sunesys for USD 1 bln

Thursday 30 April 2015 | 12:41 CET | News
Crown Castle said it has agreed to acquire Quanta Fiber Networks (Sunesys) for USD 1.0 billion in cash, subject to a few limited adjustments. Sunesys, wholly owned by Quanta Services, is a fibre services provider with nearly 10,000 miles of fibre in major metropolitan markets across the US, including Los Angeles, Philadelphia, Chicago, Atlanta, Silicon Valley, and northern New Jersey. Around 60 percent of the fibre miles are located in the top ten basic trading areas (BTAs). The acquisition of Sunesys will more than double Crown Castle's fibre footprint available for small cell deployments

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Categories: Fixed
Companies: Crown Castle / Quanta / Sunesys
Countries: United States
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