Crown Castle Acquires NextG Networks for $1,000,000,000

  • Feed Type
  • Date
    12/20/2011
  • Company Name
    NextG Networks
  • Mailing Address
    2216 O’Toole Ave San Jose, CA 95131
  • Company Description
    NextG Networks is a next-generation wireless communications company that provides managed RF-over-Fiber transport network services to wireless service providers.
  • Website
    http://www.nextgnetworks.net
  • Transaction Type
    M&A
  • Transaction Amount
    $1,000,000,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    Crown Castle, which competes with American Tower Corp., said it would fund the purchase of NextG — owned by a group of investors led by Madison Dearborn Partners — with debt.