Crown Castle Intl

SpaceX plans to secure at least 80,000 mobile sites in the US and is negotiating with companies including Crown Castle. Investors reacted positively: Crown Castle jumped about 8% premarket, while AT&T, Verizon and T‑Mobile fell on the prospect of a fourth nationwide provider. A combination of satellites, own spectrum and terrestrial sites could create a new multi‑billion‑dollar tenant for tower operators and open a new growth story for Crown Castle. » Mere på finanzen.net

Crown Castle announced that CFO Sunit Patel will retire on March 31, 2027. Kris Hinson, currently executive vice president and chief commercial officer, will assume the CFO role on April 1, 2027. COO Cathy Piche will resign on September 23, 2026, and will remain as a special advisor for the transition until February 22, 2027. The company is continuing its succession search; the change will occur after filing the 2026 Form 10‑K. » Mere på de.investing.com

At the Bank of America conference Crown Castle gave a cautious but constructive outlook and expects organic growth of 3.6% in 2026 (excluding Sprint), which it sees as the trough. The company reported revenue losses of more than $200 million due to DISH/EchoStar and expects business concentration in the second half of 2026. Management cited drivers for a subsequent recovery: AT&T’s 600‑MHz rollout, upcoming spectrum auctions, long‑term demand from AI and 6G, as well as efficiency measures and pilot projects for edge infrastructure. » Mere på de.investing.com