Crown Castle Inc. has declared a quarterly cash dividend of $1.0625 per common share, which will be payable on September 30, 2025. Stockholders of record must hold their shares by the close of business on September 15, 2025, to receive this dividend. Future dividends will require approval from the Board of Directors.
Crown Castle operates a significant portfolio of communications infrastructure, including approximately 40,000 cell towers and about 90,000 route miles of fiber. This infrastructure supports small cells and fiber solutions across major U.S. markets, connecting communities to essential data and wireless services.
linkAug 06, 2025 16:20:13
Crown Castle Inc. has announced the appointment of Christian Hillabrant as President and Chief Executive Officer, effective September 15, 2025. Hillabrant, who brings over 30 years of experience in the telecommunications industry, previously served as CEO of Vantage Towers AG and held senior roles at companies like T-Mobile and Ericsson. Dan Schlanger will continue as Interim CEO until Hillabrant's start date and is expected to transition to the role of Executive Vice President and Chief Transformation Officer, focusing on the sale of the company’s small cells and fiber solutions businesses, anticipated to close in the first half of 2026.
In connection with his appointment, Hillabrant will receive a compensation package that includes participation in the Company’s annual incentive plan, with a target annual incentive equal to 200% of his base salary. The Board has also approved a severance agreement for Hillabrant, which includes provisions for severance payments and continued vesting of certain equity awards under specific termination conditions. The company is positioned to benefit from Hillabrant's leadership as it continues to execute its strategy in the telecommunications infrastructure sector.
linkAug 04, 2025 16:35:03
Crown Castle Inc. announced the release of its 2024 Sustainability Report, highlighting its commitment to long-term stakeholder value and environmental responsibility. The company reported a Total Recordable Incident Rate (TRIR) five times lower than the US average and is on track to achieve carbon neutrality in Scope 1 and 2 emissions by 2025, with 93% of its electricity sourced from renewable energy contracts by the end of 2024.
Additionally, Crown Castle has implemented new governance practices, including stockholder rights to call special meetings and a simple majority voting system for amendments. The company owns and operates approximately 40,000 cell towers and 90,000 route miles of fiber, providing essential communications infrastructure across the U.S. market.
linkJul 30, 2025 08:33:45
Crown Castle reported its financial results for the second quarter ended June 30, 2025, highlighting a net income of $291 million, up from $251 million in the same quarter of 2024. The company's site rental revenues experienced a decline of 5.3% compared to the previous year, primarily due to a decrease in amortization of prepaid rent and straight-lined revenues. However, the company achieved an organic growth of 4.7% in site rental billings, excluding the impact of Sprint cancellations. Adjusted EBITDA for the quarter was $705 million, down from $727 million in Q2 2024, while Adjusted Funds from Operations (AFFO) was reported at $444 million, or $1.02 per share, reflecting a 1% decrease year-over-year. Crown Castle also paid dividends totaling approximately $463 million during the quarter, which represented a 32% decrease per share from the previous year.
The company updated its full-year 2025 Outlook, indicating a $10 million increase in site rental revenues and a $25 million increase in Adjusted EBITDA, supported by a reduction in overhead costs. Crown Castle anticipates a continued focus on operational performance and is on track to close the sale of its small cells and fiber solutions businesses in the first half of 2026. The company maintains a robust balance sheet, with approximately 86% of its debt at fixed rates and significant availability under its revolving credit facility. This financial flexibility, combined with a capital allocation framework, is expected to enhance shareholder value in the long term.
linkJul 23, 2025 16:20:19
Crown Castle Inc. has announced a quarterly cash dividend of $1.0625 per common share, which will be distributed on June 30, 2025, to stockholders on record as of June 13, 2025. This decision is subject to future approval by the company's Board of Directors.
Crown Castle operates a significant portfolio of communications infrastructure, including over 40,000 cell towers and approximately 90,000 route miles of fiber. This infrastructure supports various wireless services and technologies across major U.S. markets, connecting communities to essential data and services.
linkMay 21, 2025 16:50:12
Crown Castle Inc. has released its financial results for the first quarter of 2025, reporting a net loss of $464 million compared to a net income of $311 million in the same quarter last year. The company's site rental revenues decreased by 5.3% year-over-year, largely attributed to the impact of Sprint Cancellations and a decline in amortization of prepaid rent. Adjusted EBITDA for the quarter was $722 million, down from $754 million in the previous year, reflecting the lower contribution from site rental revenues. The company also reported an Adjusted Funds from Operations (AFFO) of $479 million, or $1.10 per share, which is a slight decrease from the prior year’s $484 million, or $1.11 per share. Additionally, Crown Castle has maintained its full-year 2025 outlook, which remains unchanged from previous projections issued in March 2025.
To enhance financial flexibility, Crown Castle has revised its capital allocation framework, which includes a planned reduction in its annualized dividend per share to $4.25 starting in the second quarter. This adjustment aims to balance predictable returns to shareholders while strengthening the balance sheet. The company is also focused on the successful closure of the sale of its small cells and fiber solutions businesses, positioning its tower business for long-term value creation. Crown Castle ended the quarter with a strong balance sheet, including a high percentage of fixed-rate debt and substantial availability under its revolving credit facility.
linkApr 30, 2025 16:17:21
Crown Castle Inc. has appointed Dan Schlanger as interim CEO following the termination of Steven Moskowitz. The Board is actively searching for a permanent successor and emphasizes that this leadership change aims to support the company's transformation into a pure-play U.S. tower business, enhancing its focus on wireless infrastructure. Schlanger will continue as CFO until April 1, 2025, when Sunit Patel will take over that role.
The company has reaffirmed all previously announced financial guidance and capital allocation policies, as well as details regarding the sale of its fiber segment to EQT and Zayo. The Board clarified that Moskowitz's departure was not due to any disagreements regarding policies or financial performance, and there are no ethical concerns involved.
linkMar 24, 2025 16:55:14
Crown Castle Inc. has appointed Katherine Motlagh to its board of directors, effective March 17, 2025. Ms. Motlagh has extensive experience in finance and the telecom industry, having previously served as CFO at CyrusOne LLC and American Tower Corporation. Her background is expected to provide valuable insights as Crown Castle transitions to a pure-play tower business, according to the board chair, P. Robert Bartolo.
Katherine Motlagh holds a master's degree from the Academy of Finance in Moscow and is a licensed Certified Public Accountant. She has held various finance and accounting leadership roles at Ericsson, Nokia, and Nextel Communications. The press release does not mention any changes in financial metrics or performance related to this appointment.
linkMar 17, 2025 17:08:20
Crown Castle Inc. has appointed Sunit Patel as the new Chief Financial Officer, effective April 1, 2025. Patel has over 30 years of experience in senior finance roles and previously served on Crown Castle's Board of Directors. His background includes significant positions in telecommunications and technology, which the company believes will aid its strategic direction following a recent divestiture.
On the negative side, Sunit Patel will leave his position on the Board of Directors immediately, indicating a shift in governance. Additionally, the announcement of his appointment coincides with Crown Castle's ongoing transition as it moves to become a pure-play tower company, which may involve challenges in execution during this period of change.
linkMar 17, 2025 17:03:58
Crown Castle Inc. announced the sale of its Fiber segment to EQT and Zayo for $8.5 billion, marking a strategic shift to become a pure-play tower company. The company reported a decrease in site rental revenues and a significant net loss of $3.9 billion for 2024, largely due to a $5 billion goodwill impairment charge related to its Fiber business. Despite these challenges, Crown Castle achieved 4.5% organic growth in tower revenues and plans to implement a $3 billion share repurchase program along with a new dividend policy aimed at enhancing capital efficiency.
On the negative side, the company experienced a decline in several financial metrics, including a 7% drop in Adjusted Funds From Operations (AFFO) and a 3% decrease in site rental revenues compared to 2023. The anticipated goodwill impairment and restructuring charges contributed to the overall net loss and affected the financial outlook for 2025. Additionally, the company expects to reduce its annualized dividend to approximately $4.25 per share starting in the second quarter of 2025, which may impact shareholder returns.
linkMar 13, 2025 16:17:22