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Crown Castle (NYSE: CCI) reports DISH lease default notice, sees no 2025 hit

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Crown Castle Inc. disclosed that it delivered a notice of default and termination to DISH Wireless L.L.C. under its Master Lease Agreement and related agreements. The company stated in its announcement that it does not anticipate this termination right will affect its financial results for full year 2025. Details of the notice and related circumstances are provided in an accompanying press release that is included as an exhibit to the report.

Positive

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Negative

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Insights

Crown Castle moves to terminate DISH lease but guides to no 2025 impact.

Crown Castle reports issuing a notice of default and termination to DISH Wireless tied to its Master Lease Agreement and related contracts. This suggests a material change in a customer relationship, but the company explicitly indicates it does not expect the exercise of its termination rights to affect full-year 2025 financial results.

The lack of an expected 2025 impact implies limited near-term revenue or cash flow dependence on the affected DISH arrangements, at least within that period. However, management also characterizes related statements as forward-looking and subject to risks and assumptions, highlighting that actual outcomes could differ if conditions or assumptions change.

The company directs readers to risk factors in its Annual Report and incorporates a detailed press release as an exhibit, which should provide additional context regarding the scope of the DISH relationship and potential longer-term implications beyond 2025.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): January 12, 2026
Crown Castle Inc.
(Exact name of registrant as specified in its charter)
     
Delaware 001-16441 76-0470458
(State or other jurisdiction
of incorporation)
 (Commission File Number) (IRS Employer Identification No.)

8020 Katy Freeway, Houston, Texas 77024-1908
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (713) 570-3000
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common Stock, $0.01 par valueCCINew York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.



ITEM 2.02—RESULTS OF OPERATIONS AND FINANCIAL CONDITION
On January 12, 2026, Crown Castle Inc. ("Company") issued a press release announcing that the Company delivered a notice of default and termination to DISH Wireless L.L.C. ("DISH") relating to the Company's Master Lease Agreement and related agreements with DISH. As indicated in the press release, the Company does not anticipate the exercise of its termination rights to impact the Company's financial results for full year 2025. The notice and related circumstances are more fully described in the Company's press release, which is furnished herewith as Exhibit 99.1 and is incorporated herein by reference.
The information in Item 2.02 of this Current Report on Form 8-K ("Form 8-K") and Exhibit 99.1 in Item 9.01 attached hereto are furnished as part of this Form 8-K and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended ("Exchange Act"), or otherwise subject to the liabilities of that section, nor shall such information or exhibits be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
Cautionary Language Regarding Forward-Looking Statements

This Form 8-K contains forward-looking statements for purposes of the safe harbor provisions of The Private Securities Litigation Reform Act of 1995. Statements that are not historical facts are hereby identified as forward-looking statements. In addition, words such as "estimate," "anticipate," "project," "plan," "intend," "believe," "expect," "likely," "predicted," "positioned," "continue," "target," "seek," "focus" and any variations of these words and similar expressions are intended to identify forward-looking statements, which include plans, projections and anticipated impacts regarding the termination of the Company's agreements with DISH. Such forward-looking statements should, therefore, be considered in light of various risks, uncertainties and assumptions, including prevailing market conditions, risk factors described in "Item 1A. Risk Factors" of the Annual Report and other factors. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those expected. Unless legally required, the Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
ITEM 9.01—FINANCIAL STATEMENTS AND EXHIBITS
(d) Exhibits
Exhibit Index
Exhibit No.Description
99.1
Press Release dated January 12, 2026
104Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document





SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
CROWN CASTLE INC. 
By:/s/ Edward B. Adams, Jr.
Name:Edward B. Adams, Jr.
Title:Executive Vice President
and General Counsel
Date: January 12, 2026

FAQ

What did Crown Castle Inc. (CCI) disclose about its relationship with DISH Wireless?

Crown Castle Inc. reported that it delivered a notice of default and termination to DISH Wireless L.L.C. relating to its Master Lease Agreement and related agreements.

How does Crown Castle (CCI) expect the DISH termination to affect its 2025 financial results?

Crown Castle stated that it does not anticipate the exercise of its termination rights regarding DISH to impact its financial results for full year 2025.

Where can investors find more details on Crown Castles notice to DISH Wireless?

Additional details are provided in Crown Castles press release dated January 12, 2026, which is attached as Exhibit 99.1 and incorporated by reference.

Does Crown Castle treat the information about the DISH termination as filed or furnished?

The company specifies that Item 2.02 information and Exhibit 99.1 are furnished and not deemed filed for purposes of Section 18 of the Exchange Act.

What forward-looking statement caution does Crown Castle include with this DISH update?

Crown Castle notes that statements about the anticipated impacts of terminating its agreements with DISH are forward-looking and subject to risks, uncertainties and assumptions described in its risk factor disclosures.

Which exhibit in the Crown Castle (CCI) 8-K relates to the DISH Wireless notice?

The DISH Wireless update is described in the companys press release that is filed as Exhibit 99.1 to the report.
Crown Castle

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