Crown Castle Implements Operational Changes and Updates Outlook for Full Year 2024 [Yahoo! Finance]
Crown Castle Inc. (CCI)
Last crown castle inc. earnings: 4/29 04:15 pm
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Source: Yahoo! Finance
Fiber Strategic Review Active and Ongoing HOUSTON, June 11, 2024 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle") today announced plans to enhance operational performance and updated its full year 2024 outlook. "As we have continued to progress the strategic and operating review of Crown Castle's fiber business, we are implementing changes designed to drive operational efficiencies and to enhance returns in fiber solutions and small cells. These changes are being implemented, regardless of the outcome of the strategic review, which remains active and ongoing," stated Steven Moskowitz, Crown Castle's President and Chief Executive Officer. "With these changes, we are pursuing a more focused sales effort to target on-net and near-net demand and, critically, increasing return thresholds on all new growth opportunities to drive a more efficient use of capital. We believe implementing these changes will lower our capital expenditures on lower-return opportunities in 2
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- Crown Castle cuts annual profit forecast, reduces workforce amid fiber business review [Yahoo! Finance]Yahoo! Finance
CCI
Earnings
- 4/17/24 - Beat
CCI
Sec Filings
- 6/11/24 - Form 8-K
- 6/3/24 - Form 4
- 5/30/24 - Form 8-K/A
- CCI's page on the SEC website