The sale is viewed favorably by S&P Global Ratings as it leaves Crown Castle with its U.S. tower operations, known for high margins, long-term contracts with annual escalators, high renewal rates with ...
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One of Houston's largest public companies is doubling down on its main business after announcing a big divestment.
Following pressure from an activist investor that started over a year ago, one of Houston's largest public companies is ...
Crown Castle (CCI) will sell all of its fiber segment in two transactions to an EQT fund and Zayo Group Holdings for a total of $8.5B and use the proceeds to repay debt and to buy back stock, the ...
Crown Castle fired its chief executive, the company said Monday. "Castle Fires CEO After Selling Networking Business Segments -- Update," at 5:38 p.m. ET, misstated the name of the company in the ...
At the same time, the company plans to reduce its dividend ... Despite favorable growth trends, the fiber and small cell segment is very capital intensive. Crown Castle’s capital expenditure ...
Crown Castle has announced an agreement has been reached to sell its fiber assets for a combined $8.5 billion. The company ...
CCI signs a deal to sell Fiber segment for $8.5 billion and reports lower-than-expected AFFO per share for the fourth quarter ...
Crown Castle divests $8.5B in assets to reduce debt, repurchase $3B in shares, and focus on towers, boosting financial ...
His father helped him build a small stone cottage on the land ... and there’s not much he can do right now. Dan plans to get started on the castle again in March when he will start mixing ...