Zayo, TPG vying to buy Crown Castle’s wireless assets worth $10B, Reuters says

TPG and EQT and DigitalBridge-owned Zayo are vying to acquire Crown Castle’s fiber and wireless assets in a deal that may be valued at nearly $10B, Reuters’ Milana Vinn reports. According to people familiar with the matter, the assets up for sale include Crown Castle’s fiber business and its small cell business, which provides wireless services and technology, with both units worth less than $5B. It is possible that Crown Castle could choose to sell only one of the assets, one of the sources says, adding that if both assets are sold, the deal is likely to be valued at $8B-$10B. Zayo and TPG are the two remaining bidders, Vinn writes.