Everest Infrastructure Partners Acquires Wireless Towers from Frontier Communications
FRONTIER COMMUNICATIONS (FTR)
Last frontier communications earnings: 3/31 05:21 pm
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US:NASDAQ Investor Relations:
investor.frontier.com/investor-relations
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Source: PR Newswire
PITTSBURGH, Jan. 23, 2019 /PRNewswire/ -- Everest Infrastructure Partners today announced the acquisition by EIP Holdings I, LLC, an investment vehicle associated with Barings LLC, of nearly 100 wireless tower assets from Norwalk, Connecticut-based Frontier Communications Corporation (NASDAQ: FTR). The acquisition includes towers located in 17 states throughout the U.S., with significant tower concentrations in Connecticut, New York, and California. "Everest is pleased to have been selected by Frontier to acquire these high-quality tower assets in attractive markets, providing us with the scale to better serve our customers," said Mike Mackey, President of Everest. "We look forward to providing our customers, as well as Frontier, with best-in-class service at these locations.""The Everest team was tremendous to work with throughout this complex transaction. They have demonstrated a high level of capability and service, and we believe they will continue to provide exceptional infrastr
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