Welcome to our dedicated page for Crown Castle news (Ticker: CCI), a resource for investors and traders seeking the latest updates and insights on Crown Castle stock.
Crown Castle Inc. (NYSE: CCI) is a U.S.-focused communications infrastructure company that owns, operates and leases approximately 40,000 cell towers and approximately 90,000 route miles of fiber supporting small cells and fiber solutions across every major U.S. market. This news page aggregates company announcements, press releases and market-moving updates related to Crown Castle’s tower and fiber operations.
Readers can find coverage of Crown Castle’s quarterly financial results, including site rental revenues, net income (loss), Adjusted EBITDA, AFFO and related outlook updates. The company regularly uses press releases and Form 8-K filings to discuss organic contribution to site rental billings, capital expenditures, dividend declarations and changes to its full-year outlook.
News items also include strategic and corporate developments. Recent examples disclosed by the company involve the planned sale of its small cells and fiber solutions businesses, which are presented as discontinued operations, and management’s description of Crown Castle’s future focus as a standalone, U.S.-focused tower company. Updates on executive leadership, such as the appointment of a new President and Chief Executive Officer and related governance changes, are also reported.
Contract and customer-related developments can appear in Crown Castle’s news flow as well. The company has announced, for instance, that DISH Wireless defaulted on payment obligations under a wireless infrastructure agreement, leading Crown Castle to exercise termination rights and seek recovery of remaining payments owed. Investors, analysts and other interested readers can use this page to review these types of announcements and follow how they relate to Crown Castle’s communications infrastructure portfolio and REIT structure over time.
Crown Castle (NYSE: CCI) has announced its upcoming first quarter 2025 earnings release and conference call schedule. The company will release Q1 2025 results on Wednesday, April 30, 2025, after market close, followed by a conference call at 5:00 p.m. eastern time.
Investors can access the live audio webcast and supplemental materials through Crown Castle's investor website. For direct participation, attendees can dial 833-816-1115 (Toll Free) or 412-317-0694 (International) at least 30 minutes before the start time. The webcast replay will remain available on the company's Investor page until April 30, 2026.
Crown Castle (NYSE: CCI) announced immediate leadership changes with Daniel Schlanger, current EVP and CFO, appointed as interim CEO following Steven Moskowitz's termination. The Board has initiated a search for a permanent CEO successor.
Schlanger will serve as CFO until April 1, 2025, when Sunit Patel takes over as EVP and CFO. After a permanent CEO is appointed, Schlanger will transition to Chief Transformation Officer, overseeing the previously announced sale of the company's small cells and fiber solutions businesses, expected to close in first half 2026.
The Board, led by Chair P. Robert Bartolo, emphasized this transition aligns with Crown Castle's transformation into a pure-play U.S. tower business. The company reaffirmed all recently announced financial guidance, capital allocation policies, and details regarding the fiber segment sale to EQT and Zayo. Moskowitz's termination was not related to any disagreement, ethical concerns, or company performance.
Crown Castle (NYSE: CCI) has announced the appointment of Katherine Motlagh to its board of directors, effective March 17, 2025. Motlagh brings significant industry expertise, having previously served as CFO of CyrusOne and CFO of the Europe, Africa and Latin America regions at American Tower . She currently serves on the board of EVgo, Inc., where she chairs the audit committee. Board Chair P. Robert Bartolo highlighted Motlagh's extensive financial, investment, and telecom industry experience as valuable assets during Crown Castle's transformation to a pure-play tower business.
Crown Castle (NYSE: CCI) has announced the appointment of Sunit Patel as Executive Vice President and Chief Financial Officer, effective April 1, 2025. Patel, who will step down from Crown Castle's Board of Directors on March 17, 2025, brings over 30 years of senior finance experience across telecommunications, energy, and technology sectors.
CEO Steven Moskowitz highlighted Patel's extensive telecommunications industry insight and his strategic importance in leading Crown Castle through its announced divestiture, positioning the company as the only pure-play, publicly traded US tower company.
EQT has announced its acquisition of Crown Castle's Small Cells Solutions business for approximately $4.25 billion. The acquired company operates a nationwide portfolio of approximately 115,000 small cells across 43 states, serving the top three U.S. mobile network operators.
The transaction, expected to close in first half of 2026, is part of a larger deal where Zayo will separately acquire Crown Castle's Fiber Solutions business. The total combined transaction value is $8.5 billion. As part of the arrangement, Zayo and the Small Cells business will establish a long-term commercial agreement for fiber provision.
The Small Cells Solutions business specializes in deploying small cell networks that enhance wireless connectivity, particularly in high-demand areas lacking macro towers. The company is positioned to capitalize on increasing demand for network densification driven by 5G, IoT, and AI technologies.
Crown Castle (NYSE: CCI) has announced the sale of its Fiber segment to EQT and Zayo for $8.5 billion, transforming into a pure-play U.S. tower company. The transaction, expected to close in first half 2026, includes EQT acquiring the small cells business and Zayo obtaining the fiber solutions business.
The company reported key 2024 results including: 4.5% tower organic growth, site rental revenues decrease of 2.7%, and a net loss of $3.9 billion primarily due to a $5.0 billion goodwill impairment charge in the Fiber segment.
Following the sale, Crown Castle plans significant capital allocation changes:
- Reducing annual dividend to approximately $4.25 per share in Q2 2025
- Implementing a $3.0 billion share repurchase program
- Maintaining investment grade rating with 6.0-6.5x leverage target
Crown Castle (NYSE: CCI) has rescheduled its fourth quarter 2024 earnings release and conference call to Thursday, March 13, 2025, after market close. The delay is attributed to the company's ongoing strategic review of potential alternatives for its Fiber segment.
The earnings conference call will be held at 5:00 p.m. eastern time, featuring a live audio webcast accessible through the company's investor website. Participants can join via phone by dialing 833-816-1115 (Toll Free) or 412-317-0694 (International). The webcast replay will remain available until March 13, 2026.
Crown Castle (NYSE: CCI) has announced a quarterly cash dividend of $1.565 per common share. The dividend will be paid on March 31, 2025 to stockholders of record as of the close of business on March 14, 2025. The company notes that future dividend payments will require approval from Crown Castle's Board of Directors.
Crown Castle (NYSE: CCI) has announced it will release its fourth quarter 2024 financial results on Wednesday, March 12, 2025, after market close. The company will host a conference call the same day at 5:00 p.m. eastern time to discuss the results.
Investors can access a live audio webcast and supplemental materials through Crown Castle's investor website. Those wishing to participate via phone can dial 833-816-1115 (Toll Free) or 412-317-0694 (International) at least 30 minutes before the start time. A replay of the webcast will remain available until March 12, 2026.
Crown Castle (NYSE: CCI) has released its tax reporting information for 2024 distributions. The company paid quarterly dividends of $1.565 per share throughout 2024, with payments made in March, June, September, and December. Each quarterly distribution consisted of $0.884582 per share in ordinary taxable dividends (including $0.018596 qualified taxable dividend and $0.865986 Section 199A dividend) and $0.680418 per share in non-taxable distribution.
The company confirmed there was no Unrecaptured Section 1250 Gain or long-term capital gain during the calendar year 2024. Shareholders are advised to consult their personal tax advisors regarding the specific tax treatment of these distributions.