About Us | Crown Castle (2024)

01 bar who we are

The place where possibility becomes reality.

Technology is changing the way we live, work and interact with the world around us. We don't go online anymore. We exist there. Our smartphones and tablets are connected, of course, but soon things like traffic lights, machines, appliances and autonomous cars will all be online.

These connections are all made possible by our unique network of communications infrastructure—towers, small cells and fiber. They all work together to set the stage for new innovation—to bring the world's biggest ideas and possibilities to people and businesses who need them.

New advancements like 5G, edge computing, CBRS and more are on the horizon—and in some cases, already here. As businesses and communities move into the future, we’re a reliable partner they can count on to help them stay connected and take advantage of this digital transformation.

30

years of experience owning and operating network assets

4000+

employees

$72.8B

enterprise value as of Q4 2023

40K+

towers

~90K

route miles of fiber

~115K

small cells on air or under contract

02 bar our approach

How we bring possibility to life.

Partnership

We work closely with community members, government officials and our customers to design and build solutions that meet their unique connectivity needs—from wireless coverage to smart city solutions to custom fiber optic networks.

Foresight

Our solutions are built with the future in mind. They play an important role in tomorrow's smarter, better-connected communities, while paving the way for new innovations in the way we live, work and stay safe.

Commitment

We've been building and operating shared communications infrastructure for 30 years, and will continue that commitment for many years to come. As demand for connectivity grows, we're building the solutions that deliver long-term value for our customers, communities and investors.

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03 bar our shared model

An inherently sustainable approach for growth.

As the need for connectivity grows, so will the need for the infrastructure that supports it. We connect millions through a shared model that allows multiple customers to colocate on the same infrastructure, making it inherently sustainable by allowing us to maintain a relatively low carbon footprint and use resources more efficiently. This not only benefits our customers and the communities they serve, but also represents our Environmental, Social and Governance (ESG) commitment.

Learn more about our ESG progress.

About Us | Crown Castle (3)

04 bar our responsibility

An engaged member of the communities we serve.

Our infrastructure solutions create important connections that make communities around the country safer, better places to live. But we don’t stop there. We have offices in every major US market and are committed to being responsible members of the communities where we live and work. One of the ways we do this is through our Connected by Good program.

Improving public spaces

We work to revitalize the parks, schools, libraries and roads that act as the connective threads of our communities.

Creating safer communities

We help to improve the safety of our communities through advanced technologies, support for first responders and emergency relief.

Advancing access to education and technology

We promote access to education and technology in schools and communities.

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05 bar our history

A longstanding history of building connections.

  • 2022
  • 2021
  • 2020
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2007
  • 2001
  • 2000
  • 1998
  • 1994

Crown Castle acquires VergX, expanding its managed services capabilities, including Managed SD-WAN, security and more.

Crown Castle announces goal to be carbon neutral by 2025 in Scope 1 and Scope 2 emissions.

Crown Castle joins the Fortune 500 list for the first time. With a unique combination of towers, small cells and fiber and a team of approximately 5,000 employees across nearly 100 offices nationwide, we're setting the stage for tomorrow's most transformative technologies.

Crown Castle acquires Wilcon as well as its biggest acquisition to date—Lightower—adding an approximate combined total of 33,900 route miles of fiber in key markets. Later the same year, Crown Castle combines its acquired fiber providers under the divisional name "Crown Castle Fiber." With over 3,100 employees, Crown Castle more than doubles in size again since 2013.

Crown Castle acquires FPL FiberNet from NextEra Energy, increasing its fiber route miles by approximately 11,500 in Florida and Texas.

Crown Castle acquires Sunesys, adding over 10,000 route miles of fiber in key markets such as Los Angeles, Philadelphia, Chicago, Atlanta and northern New Jersey.

With more than 40,000 towers, Crown Castle officially becomes a Real Estate Investment Trust (REIT).

Crown Castle enters a tower leasing agreement with AT&T Mobility, adding approximately 9,700 additional towers to its portfolio. With over 1,500 employees, Crown Castle nearly doubles in size since 2007.

Crown Castle enters a tower leasing agreement with T-Mobile USA, adding approximately 7,200 towers to its portfolio.

Crown Castle purchases NextG Networks, adding over 7,000 small cells and over 4,500 route miles of fiber.

Crown Castle acquires NewPath Networks, a leading provider of distributed antenna systems (DAS), a type of small cell solution.

Crown Castle acquires Global Signal Inc., a rival US tower operator.

Crown Castle moves from NASDAQ to the NYSE on April 25 using the ticker symbol "CCI."

After a series of expansions and acquisitions, Crown Castle has a portfolio of over 10,000 towers—extending its reach to the four corners of the continental US, as well as Hawaii and Puerto Rico.

With approximately 1,400 towers, Crown Castle is publicly listed on the NASDAQ exchange.

Crown Castle is founded in Houston, beginning with a portfolio of 133 cell towers.

From FORTUNE Magazine, June 2020 ©2020 Fortune Media IP Limited. Used under license.FORTUNE and FORTUNE 500are registered trademarks of Fortune Media IP Limited and are used under license. FORTUNE and Fortune Media IP Limited are not affiliated with, and do not endorse products or services of, Crown Castle.

06 bar our leadership

About Us | Crown Castle (6)

Steven Moskowitz

President and Chief Executive Officer

About Us | Crown Castle (7)

Anthony Melone

Special Advisor to the President and CEO

About Us | Crown Castle (8)

Teddy Adams

Executive Vice President and General Counsel

About Us | Crown Castle (9)

Jeff Baker

SVP, Fiber and Vertical Sales

About Us | Crown Castle (10)

Ed Chan

Executive Vice President and Chief Information Officer

About Us | Crown Castle (11)

Aura Greenberg

SVP Data & Digital

About Us | Crown Castle (12)

Mike Kavanagh

Executive Vice President and Chief Operating Officer-Towers

About Us | Crown Castle (13)

Phil Kelley

Executive Vice President, Corporate Development and Strategy

About Us | Crown Castle (14)

Chris Levendos

Executive Vice President and Chief Operating Officer-Fiber

About Us | Crown Castle (15)

Paul Reddick

SVP Strategy and Business and Product Development

About Us | Crown Castle (16)

Karen Rohrkemper

SVP Project Delivery & Design and Construction - Fiber

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Daniel K. Schlanger

Executive Vice President and Chief Financial Officer

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About Us | Crown Castle (18)

Our Executive Management Team
Anthony J. Melone(Interim President and Chief Executive Officer);Daniel K. Schlanger (Executive Vice President and Chief Financial Officer); Ed Chan (Executive Vice President and Chief Information Officer); Mike Kavanagh (Executive Vice President and Chief Operating Officer-Towers); Chris Levendos (Executive Vice President and Chief Operating Officer-Fiber);Phil Kelley (Executive Vice President, Corporate Development and Strategy); Teddy Adams(Executive Vice President and General Counsel)

About Us | Crown Castle (2024)

FAQs

What does the Crown Castle company do? ›

Crown Castle Inc: Overview

CCI serves wireless carriers, enterprises, financial services, technology companies, education institutions, wireless broadband service providers, government, healthcare, and wholesalers.

How many towers does Crown Castle own in the US? ›

We currently own over 40,000 towers, approximately 115,000 small cells on air or under contract and approximately 90,000 route miles of fiber across the United States and into most major metropolitan areas. Even if we aren't in your area yet, we are continually growing and may be near you soon.

What does CCI own? ›

CCI leases and owns approximately 40,000 cell towers in the United States, which is the majority of its business. Unlike AMT, it is not a global company.

What does CCI Crown Castle do? ›

We work closely with community members, government officials and our customers to design and build solutions that meet their unique connectivity needs—from wireless coverage to smart city solutions to custom fiber optic networks.

How does Crown Castle make money? ›

1, 4 CCI owns and leases land, constructs a tower, and then leases space to wireless network providers like AT&T, T- Mobile, and Verizon Wireless via long-term contracts. Fiber site rental revenues are generated in a similar way but are used to transmit data through densely populated areas.

How much debt is Crown Castle in? ›

Crown Castle long term debt for 2022 was $20.91B, a 1.72% increase from 2021. Crown Castle long term debt for 2021 was $20.557B, a 7.34% increase from 2020.

Who is the largest shareholder of Crown Castle? ›

Largest shareholders include Capital Research Global Investors, Vanguard Group Inc, State Street Corp, Deutsche Bank Ag\, Jackson Square Partners, LLC, Sculptor Capital LP, Capital World Investors, Morgan Stanley, Bill & Melinda Gates Foundation Trust, and Rare Infrastructure Ltd .

Who is the CEO of Crown Castle? ›

Steven Moskowitz, CEO of Crown Castle. Crown Castle's Board of Directors recently tapped Steven Moskowitz as its next President and CEO, replacing Jay Brown, who announced his retirement in January.

Who are Crown Castle's biggest customers? ›

AT&T accounted for approximately 18 percent of Crown Castle's revenue in 2022, while T-Mobile accounted for about 38 percent. The tenant T-Mobile currently leads in revenue share for Crown Castle, after being bolstered in 2020 by their previous merger with Sprint.

Is Crown Castle a good stock to buy? ›

The financial health and growth prospects of CCI, demonstrate its potential to underperform the market. It currently has a Growth Score of D. Recent price changes and earnings estimate revisions indicate this would not be a good stock for momentum investors with a Momentum Score of F.

Is Crown Castle a REIT? ›

Crown Castle International (CCI) is considered a Real Estate Investment Trust (REIT), which are companies that own or finance real estate across property sectors.

What is the cost of capital of Crown Castle? ›

As of today, Crown Castle's weighted average cost of capital is 7.84%%. Crown Castle's ROIC % is 6.02% (calculated using TTM income statement data). Crown Castle earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Is Crown Castle Tier 1? ›

With access to our robust and diverse fiber network and multiple, private and geographically diverse Tier-1 Internet connections, you'll get reliable, high-speed network performance.

What is the profit margin of Crown Castle? ›

Current and historical gross margin, operating margin and net profit margin for Crown Castle (CCI) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. Crown Castle net profit margin as of March 31, 2024 is 20.32%.

How many people work for Crown Castle? ›

With a unique combination of towers, small cells and fiber and a team of approximately 5,000 employees across nearly 100 offices nationwide, we're setting the stage for tomorrow's most transformative technologies.

What is the Crown Castle business model? ›

Crown Castle International Corp. is a REIT that engages in the provision of access to wireless infrastructure to internet and cell service providers through long-term lease agreements. CCI operates through its towers and fiber segments.

How much do Crown Castle executives make? ›

The average Crown Castle executive compensation is $236,200 a year. The median estimated compensation for executives at Crown Castle including base salary and bonus is $242,134, or $116 per hour. At Crown Castle, the most compensated executive makes $450,000, annually, and the lowest compensated makes $53,000.

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