Crown Castle (CCI) Plans Operational Changes, Revises '24 View

CCI identified opportunities for significant future enterprise fiber and small cell demand during their operational review. These opportunities arise from locations that are either situated on or near the company's existing high-quality fiber footprint. The expected annualized run-rate cost savings resulting from the staffing reductions, along with other operational savings, will mainly impact the Fiber segment and corporate departments. These measures are projected to lead to around $100 million in cost sa ...