Crown Castle Seeks FCC OK for Buy of FPL
Crown Castle sought FCC OK for buying assets including FPL FiberNet from NextEra Energy, in a fiber-services provider takeover that was worth about $1.5 billion when disclosed a few weeks ago (see 1611010053). Though the transaction "will result in a…
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change in the ultimate ownership of Licensees, no assignment of licenses, assets, or customers will occur as a consequence," said the companies in a filing posted Tuesday. "Licensees will continue to provide service to their existing customers under the same rates, terms, and conditions. Accordingly, the Transaction will be transparent to the customers."