Crown Castle International is a leading provider of communication infrastructure services in the United States, specializing in the development and operation of wireless communication towers and small cell networks
The company supports mobile network operators by enhancing coverage and capacity for their wireless services, enabling high-speed connectivity for consumers and businesses. Crown Castle also focuses on facilitating the deployment of advanced technologies, such as 5G, by providing essential infrastructure that meets the increasing demand for mobile data and connectivity solutions. Through its extensive portfolio, Crown Castle plays a critical role in shaping the landscape of modern telecommunications and facilitating the growth of the digital economy.
The communications-focused real estate investment trust (REIT) named Chief Financial Officer Dan Schlanger as interim chief executive, effective immediately.
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Crown Castle shares surged after selling Fiber segment for $8.5 billion, announcing quarterly results and plans for share buyback as well as dividend reduction.
Bears regained control on Wall Street, with major indices wiping out Wednesday's gains and retesting recent lows as investor concerns over tariffs continue to weigh on sentiment.
