Crown Castle closes sale of Fiber and Small Cell businesses
The $8.5 billion transaction yields $8.4 billion net proceeds. Company plans $1 billion share repurchase and over $7 billion debt reduction. Updates 2026 financial outlook.
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Provider of shared communications infrastructure
crowncastle.comLast updated
In short: Crown Castle refocused its strategy on tower infrastructure by selling its fiber and small cell businesses for $8.5 billion and appointing a new CEO.
The $8.5 billion transaction yields $8.4 billion net proceeds. Company plans $1 billion share repurchase and over $7 billion debt reduction. Updates 2026 financial outlook.
Maintains full-year outlook. Site rental revenues decline 5%. AFFO per share at $1.02. Expects Fiber sale close in H1 2026.
Site rental revenues declined 5% to $4,049M. AFFO per share was $4.36. 2026 outlook projects AFFO per share of $4.43 amid Fiber sale.
DISH defaults on payments, owing over $3.5 billion. Crown Castle seeks recovery. No impact on 2025 results expected.
An update from Crown Castle ( (CCI)) is now available. On February 4, 2026, Crown Castle launched a restructuring plan to streamline its towers and...
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