The sale allows Crown Castle to focus on its core business, which has about 40,000 towers throughout the US. That unit had 4.5% organic revenue growth in 2024, the company said.
Wolfe Research lifted its rating recommendation on Crown Castle (NYSE:CCI) shares to Peer Perform from Underperform on the ...
One of Houston's largest public companies is doubling down on its main business after announcing a big divestment.
Crown Castle sold its fiber optics business to EQT Active Core Infrastructure fund and Zayo Group Holdings for a total of ...
Crown Castle shares rose after it said it was selling part of its business to focus on its core towers segment. The stock increased 9%, to $102.17, on Friday, regaining all but 3% of its losses ...