NEW YORK--(BUSINESS WIRE)--Today, Arium Networks (the "Company†), the planned successor to Crown Castle's Small Cell Solutions business, is pleased to announce its new brand identity and the appointment of Laurent "LT†Therivel as incoming Chief Executive Officer. At launch, Arium Networks will serve as a leading builder and operator of digital infrastructure, specializing in the deployment of small cell, in-building and venue-based networks that enhance essential wireless connectivity. After the acquisiti ...

Question-and-Answer SessionThank you. You both have a long tenure in the space in infrastructure, wireless, telecom. And maybe, Chris, you could start us off with what brought you to Crown Castle? And how do you think the company is positioned as we go to the next year?Christian HillabrantCEO, President & Director Yes. Well, first of all, let me say Crown is a great company. And so a career that spans over 30 years, first chapter of my career working in the operator space. I work for Verizon predecessor Pri ...

Summary of Crown Castle Conference Call Company Overview - **Company**: Crown Castle (NYSE: CCI) - **Industry**: Telecommunications Infrastructure, specifically focused on tower operations in the U.S. Key Points and Arguments Company Strategy and Focus Areas - Crown Castle is undergoing a significant transaction, with a priority to complete the sale by the end of the first half of 2026 [4][5] - The company aims to relaunch as "Crown 2.0," focusing on being a pure-play U.S.-focused tower company [4] - Efforts are being made to drive additional efficiencies within the organization, leveraging experiences from European operations [5] Financial Performance and Revenue Streams - Dish Network represents approximately 5% of Crown Castle's overall revenues, with ongoing litigation to protect contractual obligations through 2036 [8][9][11] - The contract with Dish is described as a fixed payment stream, not dependent on their deployment [12] - Crown Castle expects to report on Dish revenues in the upcoming fourth-quarter guidance [12] Market Dynamics and Competitive Landscape - The U.S. tower market is more mature compared to Europe, which is fragmented with many small operators [14][15] - Crown Castle's portfolio is well-positioned in urban and suburban areas, where demand for capacity growth is highest [20] - The company is focused on maintaining strong partnerships with customers and understanding their unmet needs [17] 5G Deployment and Data Demand - The company is in the middle of the 5G deployment cycle, with expectations of continued data growth [22][24] - Data demand is projected to grow at a compound rate of 30%, with over 32 trillion gigabytes of data growth recorded last year [24] - The deployment of additional spectrum is expected to drive more radios and antennas on towers, benefiting the industry [23] Capital Expenditure and Future Growth - There is a concern about potential peak CapEx for wireless, but Crown Castle believes that ongoing investments in network infrastructure will remain substantial [36] - The company aims for mid-single-digit growth in annual revenue, supported by rent escalators and increasing mobile data demand [45] Cost Management and Operational Efficiency - Crown Castle is focused on optimizing costs post-fiber sale, with opportunities for process improvements and enhanced customer experience [48][49] - The goal is to reduce SG&A as a percentage of sales to be best in class, with several percentage points targeted for reduction [51] M&A Strategy and Capital Allocation - The company is not currently seeking M&A opportunities outside the U.S. but remains open to creative deals that align with its strategy [54][55] - Post-fiber sale, Crown Castle plans to allocate $6 billion to pay down debt and use the remainder for share buybacks, with a commitment to maintain an investment-grade rating [57][60] Future Outlook - The management team is committed to executing the outlined strategies and achieving substantial AFFO per share growth in the coming years [53][62] Additional Important Insights - The company is exploring non-traditional tenants and IoT opportunities, indicating a potential for diversification in its business model [41][42] - The competitive landscape is dynamic, with ongoing expectations for network improvements and customer experience enhancements [35][36] This summary encapsulates the key insights from the conference call, highlighting Crown Castle's strategic direction, market positioning, financial performance, and future growth prospects.

Crown Castle (CCI) is one of the largest U.S. tower REITs. The company owns more than 40,000 of the cell towers that support the nation’s wireless network. They also have about 105,000 small cells on air or under contract and about 90,000 route miles of fiber. CCI’s revenue is built on long-term contracts with major wireless carriers. We invest in equity REITs like CCI at The REIT Forum, along with mortgage REITs, BDCs, preferred shares, and baby bonds. We also invest in some REITs that have not performed a ...

Houston, Texas-based Crown Castle Inc. (CCI) is a REIT company, engaging in the provision of access to shared communications infrastructure. It operates through Towers, Fiber, and Other segments. With a market cap of $38.5 billion, Crown Castle’s operations span all of the top 100 markets across various U.S. states. Companies worth $10 billion or more are generally described as "large-cap stocks." Crown Castle fits this bill perfectly. Given the company’s extensive network and widespread operations across ...

HOUSTON, Texas, Dec. 01, 2025 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle") announced today that Chris Hillabrant, Crown Castle’s President and Chief Executive Officer, and Sunit Patel, Crown Castle’s Executive Vice President and Chief Financial Officer are scheduled to present on Tuesday, December 9, 2025 at 1:30 p.m. Eastern Time at the UBS Global Media and Communications Conference. The presentation will be broadcast live over the Internet and is expected to last approximately 35 min ...

Core Viewpoint - The U.S. Federal Reserve is currently in a rate-cutting phase, having already implemented two interest rate reductions of 25 basis points each [1] Group 1 - The Federal Reserve's actions indicate a shift in monetary policy aimed at stimulating economic growth [1] - The two rate cuts suggest a proactive approach to address economic challenges [1]

Core Insights - McCormick & Company Inc. is focusing on the Comprehensive Continuous Improvement (CCI) program to drive earnings per share (EPS) growth in fiscal 2025, emphasizing sourcing improvements, supply chain productivity, and operational efficiency [1][5] Financial Performance - The company reported a 2% increase in adjusted operating income in the third quarter, primarily due to reduced selling, general, and administrative (SG&A) costs from CCI initiatives, although this was partially offset by increased brand marketing and technology spending [3][9] - Gross margin decreased by 120 basis points year-over-year, attributed to high commodity costs and tariff issues, but management anticipates recovery in the fourth quarter through additional mitigation measures [4][9] Future Projections - For fiscal 2025, McCormick projects adjusted EPS growth of 4% to 6% on a constant-currency basis, driven by volume gains and ongoing cost-saving initiatives [5][9] - The consensus estimate for fiscal 2025 earnings indicates a year-over-year increase of 2.4%, while the estimate for fiscal 2026 suggests a rise of 6.9% [15] Market Position - McCormick's shares have declined by 14.7% year-to-date, slightly worse than the industry decline of 14.4% [6] - The company trades at a forward price-to-earnings ratio of 20.23X, which is higher than the industry average of 14.56X [7]

Core Insights - Crown Castle Inc. reported strong Q3 2025 earnings with FFO of $1.12, exceeding the consensus estimate of $1.02, and revenues of $1.07 billion, surpassing the consensus of $1.05 billion [2][3] - The company has increased its full-year 2025 outlook, now expecting AFFO per share of $4.29 at the midpoint, up from the previous estimate of $4.20 [3] Company Overview - Crown Castle Inc. is a real estate investment trust that specializes in shared communications infrastructure, primarily focusing on cell towers and fiber networks [1] - The stock price has fluctuated between $84.20 and $115.76 over the past 52 weeks, with a current dividend yield of 4.71% [1] Dividend Information - Crown Castle paid $4.25 per share in dividends over the last 12 months [1] - To generate an income of $100 per month, an investment of approximately $25,477 is required, based on the current dividend yield [4][5]

Core Viewpoint - BMO Capital maintains a "Buy" rating on Crown Castle Inc. (CCI) with a price target of $114, driven by strong Q3 performance and strategic execution [1][2] Financial Performance - Crown Castle reported a net income of $323 million for Q3, up from $303 million year-over-year, despite a 5.1% decline in site rental revenue due to Sprint cancellations [2] - Adjusted EBITDA for the quarter was $718 million, with AFFO per share at $1.12 [2] - The company raised its 2025 guidance, indicating expectations for higher revenues, lower operating costs, and reduced interest expenses, which are anticipated to enhance profitability [2] Business Operations - Crown Castle focuses on owning, operating, and leasing approximately 40,000 cell towers and 90,000 route miles of fiber, facilitating small cells and broadband connectivity across the U.S. [3]