FCC Bureau Seeks Comment on Crown Castle/Lightower Deal
The FCC Wireline Bureau established a pleading cycle on Crown Castle’s proposed buy of 30,000 route miles of fiber in many major markets. With an eye on small-cell deployment, Crown Castle in July agreed to buy Lightower from Berkshire Partners,…
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Pamlico Capital and other investors for $7.1 billion cash (see 1707190020). The transfer is before the FCC. “Applicants state that the proposed transaction is in the public interest,” the bureau said in a Wednesday notice. Applicants maintain the deal would “expedite the expansion of wireless broadband infrastructure” and “bring Lightower’s experience with high-bandwidth fiber solutions to [Crown Castle’s] existing fiber subsidiaries,” the bureau said. Applicants also say it will “allow the combined entity to provide a wider range of services to customers,” the notice said. Comments are due Sept. 6 in docket 17-204, replies Oct. 13.