Posts tagged with: Crown

Crown Castle sees 5G frenzy, raises outlook for 2021

There’s so much activity going on with the deployment of 5G in the U.S. that Crown Castle now expects 11% growth in adjusted funds from operations (AFFO) per share for the full-year 2021, which is above its long-term annual target...

C-band positive for small cells too: Crown Castle

While initial deployments of C-band spectrum in the U.S. are largely expected to happen on macro tower sites, Crown Castle expects small cells to come into play eventually as well, in part because the higher frequency band has shorter signal...

Crown Castle inks 15K small cell deal with Verizon

Crown Castle secured a deal with Verizon for 15,000 new small cells, while T-Mobile cancelled thousands of sites planned for Sprint. The lease agreement with Verizon, announced Wednesday, calls for 15,000 small cells over four years to help build out...

Crown Castle positioned for outsized portion of initial Dish build, CFO says

Crown Castle’s finance chief this week touted being the first to secure an infrastructure deal with Dish Network, echoing similar sentiments from financial analysts that Crown’s site locations for urban coverage were part of the appeal.   Crown Castle at...

Crown Castle lays off about 250 employees

Crown Castle laid off hundreds of people this week, but the company said its business continues to perform well. The layoffs impacted around 250 employees, according to sources familiar with the matter, refuting anonymous sources that had pegged the number...

Elliott blasts Crown Castle’s fiber strategy

Activist investor Elliott Management, the same firm that trashed AT&T’s management last year, says Crown Castle International is in need of a makeover, most notably in its fiber strategy. Elliott, which owns an economic interest worth $1 billion of Crown Castle, on...