Crown Castle (CCI) Updates FY24 Guidance, Cuts Costs

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Crown Castle Implements Operational Changes and Updates Outlook for Full Year 2024

June 11, 2024 8:07 AM EDT

Focus on Higher Return Projects Results in Approximately $300 Million Capital Expenditure Reduction and $60 Million Expense SavingsFiber 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... More