CS&L Completes Tower Cloud Buy
Communications Sales and Leasing completed its Tower Cloud takeover, CS&L said in a news release Wednesday. A $230 million cash-and-stock deal, expanding CS&L’s backhaul network and entry into small-cell and dark-fiber businesses, was announced in June (see 1606200052). Uniti Fiber…
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will be the brand name of the combined fiber infrastructure group that also includes PEG Bandwidth, and it will be led by Tower Cloud founder Ron Mudry, said CS&L CEO Kenny Gunderman.