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HOUSTON, March 17, 2025 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle") announced today the appointment of Katherine Motlagh to its board of directors. Ms. Motlagh's appointment is effective today, March 17, 2025.

HOUSTON, March 17, 2025 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle") announced today the appointment of Sunit Patel to the position of Executive Vice President and Chief Financial Officer (CFO), effective April 1, 2025. Mr. Patel will be leaving his position on Crown Castle's Board of Directors, effective March 17, 2025.

Disney's Experiences segment, including theme parks and resorts, has shown consistent growth and is crucial to the company's market capitalization and profitability. Despite a recent stock pullback, Disney's strategic investments and pricing strategies position it well for long-term growth, especially in the Experiences segment. Economic constraints may pose short-term challenges, but younger generations' preference for experiences and an impending wealth transfer bode well for Disney's future.

Crown Castle Inc. is rated a Buy due to strong 4Q24 earnings and a strategic refocus on its Tower segment after accepting an offer for its Fiber segment. The sale of the Fiber segment due in 2026, though at a disappointing valuation, aims to simplify the business, reduce debt, and fund share repurchases and dividends. Despite a dividend cut, the stock's 4.24% yield and planned organic investments make it attractive compared to pricier competitors like American Tower and SBA Communications.

Crown Castle Inc. has a strong history of dividend growth while building the telecom tower infrastructure. The short-term outlook is mixed with a dividend cut and share buybacks, while long-term prospects depend on effective execution and competition with American Tower. Risks include competitive pressure and potential technological shifts, reducing the need for tower infrastructure.

We had given Crown Castle a buy rating despite having certainty of a dividend cut. The fiber business sale at $8.5 billion impacts our fair value. 2026 AFFO projections appear optimistic, with some expected growth offset by churn.

CCI signs a deal to sell Fiber segment for $8.5 billion and reports lower-than-expected AFFO per share for the fourth quarter.

Crown Castle delayed its earnings release to announce an $8.5 billion asset sale, aimed at debt reduction and stock buybacks, but this makes the company less attractive. Despite a slight revenue beat, Crown Castle's Q4 2024 results showed declines in key segments and a significant goodwill impairment charge, leading to a downgrade from 'strong buy' to 'buy'. The asset sale will reduce debt and fund a share buyback, but the proceeds are disappointing, and the stock will appear more expensive post-transaction.

DENVER--(BUSINESS WIRE)--Zayo, a leading communications infrastructure provider backed by DigitalBridge and EQT, today announced it has entered into a definitive agreement to acquire Crown Castle's Fiber Solutions business in a transaction valuing the business at approximately $4.25 billion. This acquisition advances Zayo's strategic focus on investing in the critical fiber infrastructure that will support the growth of artificial intelligence (AI) across the United States and drive economic ac.