CROWN CASTLE INC. acquisition history.

LTS Group Holdings LLC, operating as Lightower, a fiber services provider that owned or had rights to approximately 32,000 route miles of fiber located primarily in top metro markets in the Northeast, including Boston, New York and Philadelphia. Crown Castle acquired Lightower from Berkshire Partners, Pamlico and other investors for approximately $7.1 billion in cash. The addition brought Crown Castle's fiber footprint to over 60,000 route miles.

Crown Castle acquired the exclusive right to lease and operate approximately 9,700 AT&T towers for $4.85 billion in cash at closing, for a weighted average term of approximately 28 years, with an option to purchase the towers at the end of the respective lease terms for aggregate option payments of approximately $4.2 billion (primarily between 2032 and 2048).

Crown Castle merged with Global Signal Inc. (NYSE: GSL) in a stock-and-cash transaction valued at approximately $5.8 billion including debt. The combination brought together two of the nation's leading tower companies with over 24,000 wireless sites and over 16,000 towers in the top 100 BTAs. Global Signal stockholders could elect Crown Castle stock or cash; cash elections were capped at $550 million, with each electing share exchanged for $8.16 in cash and approximately 1.375 Crown Castle shares after proration.

Crown Castle acquired the exclusive right to lease and operate approximately 7,200 T-Mobile USA towers (approximately 7,100 sites at close) for $2.4 billion in cash at announcement (restated to approximately $2.486 billion at closing, subject to post-closing adjustments). T-Mobile USA is a subsidiary of Deutsche Telekom, AG.

Crown Castle acquired FPL FiberNet Holdings, LLC and certain other subsidiaries of NextEra Energy, Inc. (collectively, FiberNet) for approximately $1.5 billion in cash. FiberNet is a fiber services provider in Florida and Texas that owned or had rights to approximately 11,500 route miles of fiber installed and under construction.

Crown Castle acquired Quanta Fiber Networks, Inc. (Sunesys), a wholly owned subsidiary of Quanta Services, Inc. (NYSE: PWR), for approximately $1.0 billion in cash. Sunesys is a fiber services provider that owned or had rights to nearly 10,000 miles of fiber in major metropolitan markets including Los Angeles, Philadelphia, Chicago, Atlanta, Silicon Valley and northern New Jersey, with approximately 60% of fiber miles in the top 10 basic trading areas.

Crown Castle acquired privately-held Wilcon Holdings LLC from Pamlico Capital and other unit holders for approximately $600 million. Wilcon is a fiber services provider that owned approximately 1,900 route miles of fiber, primarily in Los Angeles and San Diego. Pro forma for the deal, Crown Castle owned or had rights to over 28,000 route miles of fiber.

Crown Castle acquired NextG Networks, Inc., the largest provider of outdoor distributed antenna systems (DAS), for approximately $1.0 billion in cash. NextG had over 7,000 nodes-on-air and a further 1,500 nodes under construction, plus rights to over 4,600 miles of fiber. DAS is a network of antennas connected by fiber to a communications hub designed to facilitate wireless services for multiple operators.