Daniel Schlanger, Current Executive Vice President and CFO, Appointed Interim President and CEO Search Underway to Identify Successor CEO Reaffirms All Recently Announced Financial Guidance and Capital Allocation Policies Highly Confident in Value-Maximizing Transformation into a Pure-Play US Tower Company HOUSTON, March 24, 2025 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE:CCI) ("Company" or "Crown Castle") today announced that the Company's Board of Directors (Board) has appointed Dan Schlanger, Executive Vice President (EVP) and Chief Financial Officer (CFO), as interim Chief Executive Officer (CEO), effective immediately. Steven Moskowitz has

HOUSTON, March 17, 2025 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE:CCI) ("Crown Castle") announced today the appointment of Katherine Motlagh to its board of directors. Ms. Motlagh's appointment is effective today, March 17, 2025. Ms. Motlagh previously served as CFO of CyrusOne LLC and CFO of the Europe, Africa and Latin America regions of American Tower Corporation. She currently serves on the board of directors of EVgo, Inc., where she serves as Chair of the audit committee. "Katherine brings extensive financial, investment and telecom industry experience to Crown Castle's board," said P. Robert Bartolo, Chair of the Crown Castle board of directors. "Her insights will be extremely va

HOUSTON, March 17, 2025 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE:CCI) ("Crown Castle") announced today the appointment of Sunit Patel to the position of Executive Vice President and Chief Financial Officer (CFO), effective April 1, 2025. Mr. Patel will be leaving his position on Crown Castle's Board of Directors, effective March 17, 2025. "We look forward to welcoming Sunit Patel to the Crown Castle team," said Steven Moskowitz, Crown Castle's Chief Executive Officer. "Sunit brings unique, extensive telecommunications industry insight and more than 30 years of experience in senior finance roles across telecommunications, energy, and technology. He is exceptionally well-suited to help l

Crown Castle's Small Cells Solutions business builds and operates small cells nationwide, serving mobile densification needs for cellular carriersTransaction highlights EQT's active ownership approach by acquiring an attractive, stable core infrastructure platform targeting a substantial market opportunityEQT will aim to further accelerate the Company's future growth ambitions NEW YORK, March 13, 2025 /PRNewswire/ -- EQT is pleased to announce that the EQT Active Core Infrastructure fund ("EQT")" has entered into a definitive agreement to acquire Crown Castle Inc.'s ("Crown Castle") (NYSE:CCI) Small Cells Solutions business (the "Company") in a transaction valuing it at approximately $4.25 b

Successfully Concludes Strategic Review with Agreement to Sell Small Cells and Fiber Solutions for $8.5 Billion Results in Crown Castle as the Only Pure-Play, Publicly-Traded US Tower Company Increases Capital Efficiency with Updated Capital Allocation Framework, Including Anticipated New Dividend Policy and Proposed Approximately $3.0 Billion Share Repurchase Program HOUSTON, March 13, 2025 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE:CCI) ("Crown Castle" or "Company") today reported results for the full year ended December 31, 2024, as reflected in the table below.  Actual Previous2024OutlookMidpoint(b)ActualComparedto PreviousOutlookMidpoint(dollars in millions, except per share amoun

HOUSTON, March 12, 2025 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE:CCI) ("Crown Castle") plans to reschedule the release of its fourth quarter 2024 results to Thursday, March 13, 2025, after the market closes. As previously disclosed, Crown Castle is pursuing a review of strategic alternatives that may be available with respect to its Fiber segment. Due to the significant demands related to the strategic review, Crown Castle has rescheduled its conference call for Thursday, March 13, 2025 at 5:00 p.m. eastern time. A listen only live audio webcast of the conference call, along with any supplemental materials, can be accessed on the Crown Castle website at https://investor.crowncastle.com

HOUSTON, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE:CCI) ("Crown Castle") announced today that its Board of Directors has declared a quarterly cash dividend of $1.565 per common share. The quarterly dividend will be payable on March 31, 2025 to common stockholders of record at the close of business on March 14, 2025. Future dividends are subject to the approval of Crown Castle's Board of Directors. ABOUT CROWN CASTLE Crown Castle owns, operates and leases more than 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 nationwide portfolio of communications infrastructure conn

HOUSTON, Feb. 25, 2025 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE:CCI) ("Crown Castle") plans to release its fourth quarter 2024 results on Wednesday, March 12, 2025, after the market closes. In conjunction with the release, Crown Castle has scheduled a conference call for Wednesday, March 12, 2025, at 5:00 p.m. eastern time. A listen only live audio webcast of the conference call, along with any supplemental materials, can be accessed on the Crown Castle website at https://investor.crowncastle.com. Participants may join the conference call by dialing 833-816-1115 (Toll Free) or 412-317-0694 (International) at least 30 minutes prior to the start time. All dial-in participants should ask

HOUSTON, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE:CCI) ("Crown Castle") announced today certain year-end tax reporting information for its 2024 distributions. The following table summarizes, for income tax purposes, the nature of distributions paid to holders of Crown Castle Common Stock, par value $.01 per share ("Common Stock"), presented on a per share basis, during the calendar year ended December 31, 2024. Stockholders are urged to consult with their personal tax advisors as to their specific tax treatment of Crown Castle's distributions. Crown Castle Common StockTicker Symbol: CCICUSIP 22822V101 Record DatePayable DateCash Distribution (per share)Ordinary TaxableDi

HOUSTON, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE:CCI) ("Crown Castle") announced today that its Board of Directors has declared a quarterly cash dividend of $1.565 per common share. The quarterly dividend will be payable on December 31, 2024 to common stockholders of record at the close of business on December 13, 2024. Future dividends are subject to the approval of Crown Castle's Board of Directors. ABOUT CROWN CASTLE Crown Castle owns, operates and leases more than 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 nationwide portfolio of communications infrastructure connec

BofA Securities resumed coverage of Crown Castle with a rating of Neutral and set a new price target of $110.00

Wolfe Research upgraded Crown Castle from Underperform to Peer Perform

Wells Fargo upgraded Crown Castle from Underweight to Equal Weight and set a new price target of $105.00 from $85.00 previously

UBS upgraded Crown Castle from Neutral to Buy and set a new price target of $118.00

KeyBanc Capital Markets upgraded Crown Castle from Sector Weight to Overweight and set a new price target of $120.00

Raymond James upgraded Crown Castle from Outperform to Strong Buy and set a new price target of $122.00 from $128.00 previously

JMP Securities initiated coverage of Crown Castle with a rating of Mkt Outperform and set a new price target of $115.00

Barclays upgraded Crown Castle from Equal Weight to Overweight and set a new price target of $104.00 from $117.00 previously

Jefferies downgraded Crown Castle from Buy to Hold and set a new price target of $84.00 from $127.00 previously

Wells Fargo downgraded Crown Castle from Equal Weight to Underweight and set a new price target of $100.00 from $105.00 previously

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Daniel Schlanger, Current Executive Vice President and CFO, Appointed Interim President and CEO Search Underway to Identify Successor CEO Reaffirms All Recently Announced Financial Guidance and Capital Allocation Policies Highly Confident in Value-Maximizing Transformation into a Pure-Play US Tower Company HOUSTON, March 24, 2025 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE:CCI) ("Company" or "Crown Castle") today announced that the Company's Board of Directors (Board) has appointed Dan Schlanger, Executive Vice President (EVP) and Chief Financial Officer (CFO), as interim Chief Executive Officer (CEO), effective immediately. Steven Moskowitz has

HOUSTON, March 17, 2025 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE:CCI) ("Crown Castle") announced today the appointment of Katherine Motlagh to its board of directors. Ms. Motlagh's appointment is effective today, March 17, 2025. Ms. Motlagh previously served as CFO of CyrusOne LLC and CFO of the Europe, Africa and Latin America regions of American Tower Corporation. She currently serves on the board of directors of EVgo, Inc., where she serves as Chair of the audit committee. "Katherine brings extensive financial, investment and telecom industry experience to Crown Castle's board," said P. Robert Bartolo, Chair of the Crown Castle board of directors. "Her insights will be extremely va

HOUSTON, March 17, 2025 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE:CCI) ("Crown Castle") announced today the appointment of Sunit Patel to the position of Executive Vice President and Chief Financial Officer (CFO), effective April 1, 2025. Mr. Patel will be leaving his position on Crown Castle's Board of Directors, effective March 17, 2025. "We look forward to welcoming Sunit Patel to the Crown Castle team," said Steven Moskowitz, Crown Castle's Chief Executive Officer. "Sunit brings unique, extensive telecommunications industry insight and more than 30 years of experience in senior finance roles across telecommunications, energy, and technology. He is exceptionally well-suited to help l

Refreshed Board Has Deep Expertise in Telecom, Towers and Fiber Industries as well as C-Suite and Investment Professional Experience Boots Capital Nominees Lack Additive Skills Crown Castle Urges Shareholders to Vote "FOR" ONLY Crown Castle's 12 Director Nominees on the WHITE Proxy Card or Voting Instruction Form HOUSTON, May 07, 2024 (GLOBE NEWSWIRE) --  Crown Castle Inc. (NYSE:CCI) ("Crown Castle" or the "Company") today sent a letter to shareholders in connection with its upcoming 2024 Annual Meeting of Shareholders (the "2024 Annual Meeting") scheduled for May 22, 2024. Shareholders of record as of the close of business on March 28, 2024 are entitled to vote at the 2024 Annual Meeti

Boots Capital Has Unequivocally Stated It is Not Seeking Control and is Committed to Working Collaboratively with Crown Castle's Board and New CEO, Contrary to Falsehoods Intended to Mislead Shareholders Crown Castle Materials Make No Reference to the Board's Repeated Rejections of Boots' Attempts to Settle Proxy Fight Crown Castle Board Deceptively Blames Boots Capital for Board's Decision to Remove New CEO as a Director Insufficient Board 'Refresh' Has Produced Negative TSR Relative to Peers Since 2020 Urges Shareholders to Vote the GOLD Proxy Card "FOR" Boots Capital's Four Highly Qualified Director Nominees – Ted Miller, Charles Green, David Wheeler, and Tripp Rice – and "WITHHOLD" on A

Urges Shareholders to Vote "FOR" ONLY Crown Castle's 12 Qualified and Experienced Director Nominees on the WHITE Proxy Card Ted Miller's Self-Serving Campaign Risks Derailing Important Work Underway and Is Not Aligned with Interests of Shareholders HOUSTON, April 25, 2024 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE:CCI) ("Crown Castle" or the "Company") today sent a letter to shareholders in connection with its upcoming 2024 Annual Meeting of Shareholders (the "2024 Annual Meeting") scheduled for May 22, 2024. Shareholders of record as of the close of business on March 28, 2024 are entitled to vote at the 2024 Annual Meeting. The full text of the letter follows and can be found at www.V

Urges Shareholders to Vote the GOLD Proxy Card "FOR" Boots Capital's Four Highly Qualified Director Nominees – Ted Miller, Charles Green, David Wheeler, and Tripp Rice – and "WITHHOLD" on ALL Crown Castle Nominees Files Definitive Proxy Materials and Mails Letter to Crown Castle Shareholders Launches www.RebootCrownCastle.com HOUSTON, April 22, 2024 /PRNewswire/ -- Ted B. Miller, co-founder and former Executive Chairman & Chief Executive Officer of Crown Castle Inc., (NYSE:CCI) ("Crown Castle" or the "Company") and his investment vehicle Boots Capital Management, LLC ("Boots Capital") today filed definitive proxy materials with the Securities and Exchange Commission ("SEC") for the election

This is the Second Time the Board's Actions Have Presented a "Colorable Claim" Under Delaware Law Crown Castle's Board of Directors Have ShownBlatant and Cynical Disregard for Shareholders and the Delaware Court Actions Highlight Years of Governance and Strategic Blunders That Have Cost Shareholders Tens of Billions of Dollars in Value Court of Chancery Grants Discovery to Boots Capital Management to Investigate Whether Crown Castle Had "Legitimate Corporate Purpose" to Expand Board from 12 to 13 Seats Court of Chancery to Hold Hearing in Early May to Assess Potential Shareholder Remedies, Including Potential Delay of Annual Meeting to Permit Adding 5th Nominee to Boots Capital Management

HOUSTON , April 11, 2024 /PRNewswire/ -- Ted B. Miller, co-founder and former Executive Chairman & Chief Executive Officer of Crown Castle Inc., (NYSE:CCI) ("Crown Castle" or the "Company") and his investment vehicle Boots Capital Management, LLC ("Boots Capital") today issued the following statement regarding Crown Castle's appointment of Steven J. Moskowitz as President and Chief Executive Officer. "Like all Crown Castle shareholders, we are just learning about Mr. Moskowitz's appointment and are reviewing his qualifications to serve as Crown Castle's CEO. We believe this announcement reinforces the critical need for Boots Capital's highly qualified director nominees to join the Crown Cas

Files Definitive Proxy Materials and Mails Letter to Shareholders Urges Shareholders to Vote "FOR" Only Crown Castle's 13 Qualified and Experienced Nominees on the WHITE Proxy Card Ted Miller is Seeking De Facto Control of the Company by Installing Himself as Executive Chair and Appointing His Family and Friends to the Board HOUSTON, April 11, 2024 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE:CCI) ("Crown Castle" or the "Company") today announced that it has filed definitive proxy materials with the Securities and Exchange Commission ("SEC") in connection with its upcoming 2024 Annual Meeting of Shareholders (the "2024 Annual Meeting") scheduled for May 22, 2024. Shareholders of record a

Successfully Concludes Strategic Review with Agreement to Sell Small Cells and Fiber Solutions for $8.5 Billion Results in Crown Castle as the Only Pure-Play, Publicly-Traded US Tower Company Increases Capital Efficiency with Updated Capital Allocation Framework, Including Anticipated New Dividend Policy and Proposed Approximately $3.0 Billion Share Repurchase Program HOUSTON, March 13, 2025 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE:CCI) ("Crown Castle" or "Company") today reported results for the full year ended December 31, 2024, as reflected in the table below.  Actual Previous2024OutlookMidpoint(b)ActualComparedto PreviousOutlookMidpoint(dollars in millions, except per share amoun

HOUSTON, March 12, 2025 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE:CCI) ("Crown Castle") plans to reschedule the release of its fourth quarter 2024 results to Thursday, March 13, 2025, after the market closes. As previously disclosed, Crown Castle is pursuing a review of strategic alternatives that may be available with respect to its Fiber segment. Due to the significant demands related to the strategic review, Crown Castle has rescheduled its conference call for Thursday, March 13, 2025 at 5:00 p.m. eastern time. A listen only live audio webcast of the conference call, along with any supplemental materials, can be accessed on the Crown Castle website at https://investor.crowncastle.com

HOUSTON, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE:CCI) ("Crown Castle") announced today that its Board of Directors has declared a quarterly cash dividend of $1.565 per common share. The quarterly dividend will be payable on March 31, 2025 to common stockholders of record at the close of business on March 14, 2025. Future dividends are subject to the approval of Crown Castle's Board of Directors. ABOUT CROWN CASTLE Crown Castle owns, operates and leases more than 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 nationwide portfolio of communications infrastructure conn

HOUSTON, Feb. 25, 2025 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE:CCI) ("Crown Castle") plans to release its fourth quarter 2024 results on Wednesday, March 12, 2025, after the market closes. In conjunction with the release, Crown Castle has scheduled a conference call for Wednesday, March 12, 2025, at 5:00 p.m. eastern time. A listen only live audio webcast of the conference call, along with any supplemental materials, can be accessed on the Crown Castle website at https://investor.crowncastle.com. Participants may join the conference call by dialing 833-816-1115 (Toll Free) or 412-317-0694 (International) at least 30 minutes prior to the start time. All dial-in participants should ask

HOUSTON, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE:CCI) ("Crown Castle") announced today certain year-end tax reporting information for its 2024 distributions. The following table summarizes, for income tax purposes, the nature of distributions paid to holders of Crown Castle Common Stock, par value $.01 per share ("Common Stock"), presented on a per share basis, during the calendar year ended December 31, 2024. Stockholders are urged to consult with their personal tax advisors as to their specific tax treatment of Crown Castle's distributions. Crown Castle Common StockTicker Symbol: CCICUSIP 22822V101 Record DatePayable DateCash Distribution (per share)Ordinary TaxableDi

HOUSTON, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE:CCI) ("Crown Castle") announced today that its Board of Directors has declared a quarterly cash dividend of $1.565 per common share. The quarterly dividend will be payable on December 31, 2024 to common stockholders of record at the close of business on December 13, 2024. Future dividends are subject to the approval of Crown Castle's Board of Directors. ABOUT CROWN CASTLE Crown Castle owns, operates and leases more than 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 nationwide portfolio of communications infrastructure connec

HOUSTON, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE:CCI) ("Crown Castle") today reported results for the third quarter ended September 30, 2024 and maintained its full year 2024 Outlook with the exception of a reduction to net income. (dollars in millions, except per share amounts)Current Full Year 2024 Outlook(a)Full Year 2023 Actual % Change  Previous Full Year 2024 Outlook(b)Current Compared to Previous OutlookSite rental revenues$6,340$6,532 (3)% $6,340—% Net income (loss)$1,020$1,502 (32)% $1,158(12)% Net income (loss) per share—diluted$2.35$3.46 (32)% $2.67(12)% Adjusted EBITDA(c)$4,168$4,415 (6)% $4,168—% AFFO(c)$3,030$3,277 (8)% $3,030—% AFFO per share(c)$6.97$7.55 (

HOUSTON, Sept. 25, 2024 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE:CCI) ("Crown Castle") plans to release its third quarter 2024 results on Wednesday, October 16, 2024, after the market closes. In conjunction with the release, Crown Castle has scheduled a conference call for Wednesday, October 16, 2024, at 5:00 p.m. eastern time. A listen only live audio webcast of the conference call, along with any supplemental materials, can be accessed on the Crown Castle website at https://investor.crowncastle.com. Participants may join the conference call by dialing 833-816-1115 (Toll Free) or 412-317-0694 (International) at least 30 minutes prior to the start time. All dial-in participants should

HOUSTON, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE:CCI) ("Crown Castle") announced today that its Board of Directors has declared a quarterly cash dividend of $1.565 per common share. The quarterly dividend will be payable on September 30, 2024 to common stockholders of record at the close of business on September 13, 2024. Future dividends are subject to the approval of Crown Castle's Board of Directors. ABOUT CROWN CASTLE Crown Castle owns, operates and leases more than 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 nationwide portfolio of communications infrastructure conn

HOUSTON, July 17, 2024 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE:CCI) ("Crown Castle") today reported results for the second quarter ended June 30, 2024 and maintained its full year 2024 outlook, as reflected in the table below. (dollars in millions, except per share amounts)Current Full Year 2024 Outlook(a)Full Year 2023 ActualChange% ChangeSite rental revenues$6,340$6,532$(192)(3)%Net income (loss)$1,158$1,502$(344)(23)%Net income (loss) per share—diluted$2.67$3.46$(0.79)(23)%Adjusted EBITDA(b)$4,168$4,415$(247)(6)%AFFO(b)$3,030$3,277$(247)(8)%AFFO per share(b)$6.97$7.55$(0.58)(8)%      (a)   Reflects midpoint of full year 2024 Outlook as issued on July 17, 2024.(b)   See "Non-GAAP Mea

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