Tillman FiberCo, LLC and private investment firm Northleaf Capital Partners today announced a strategic partnership where Northleaf is funding Tillman FiberCo with an initial investment of $200 million, with the potential to invest up to $300 million more as Tillman FiberCo scales its operations. The new company will build and operate its own open access facilities-based fiber network to deliver …
DigitalBridge says it will continue to profit from providing the picks and shovels for Gen AI that is edge delivered
DigitalBridge stock gained 1.2% in Friday trading after the company turned in much stronger than expected Q2 revenue and said it remains on track for its $8.0B fundraising target. During the Q2 analysts call, CEO Marc Ganzi’s message of “promises made, promises kept” appeared to resonate with shareholders as DBRG in pre-market this morning was up 4.23% at $16.73. Ganzi said the company …
Crown Castle Fiber says ComEd is pole dancing around regs with obscene pricing
Crown Castle Fiber has accused Illinois utility Commonwealth Edison (ComEd) of breaking FCC rules by charging excessive pole attachment fees and denying the company access to hundreds of poles. In its complaints filed with the FCC, Crown Castle alleges that ComEd refuses to recognize that wireless attachments are subject to FCC rules, and as a result, the utility has charged …
Vertical realtor Crown Castle makes a $1 billion bet on going horizontal
Crown Castle International’s appetite for a fiber rich footprint in major cities across America expanded last week with the acquisition of Sunesys for approximately $1 billion. The wholly owned subsidiary of Quanta Services, Inc. owns or has rights to nearly 10,000 miles of fiber in major metropolitan markets across the U.S. such as Los Angeles, Philadelphia, Chicago, Atlanta, Silicon Valley, …
